Best Buy

Amazon Leading All Retailers in Paid Search
December 11, 2017 at 1:45 pm

Amazon.com is leading the way in consumer electronics (CE) holiday paid search spend, according to a report from search intelligence provider Adthena. Adthena analyzed the search engine marketing activities of 179 CE retailers such as Amazon, Wal-Mart, Target and Best Buy over a two-month period, October-November 2017. More than 370,000 search ads were analyzed. According…

Best Buy's Distribution Centers Work 24/7 to Meet Holiday Rush
November 22, 2017 at 11:32 am

Best Buy has sent out special delivery trucks of nothing but TVs — hundreds of thousands of TVs — to its stores in recent days to be ready for Black Friday crowds. At the same time, its distribution centers are packed full of thousands more TVs stacked high, ready for the crush of online orders expected…

Email Showdown: Best Buy vs. Target
November 22, 2017 at 7:02 am

Regardless of their team size and budget, today’s marketers are expected to compete with the world's biggest retailers. Those big-name brands may dominate inboxes, but here’s the good news: not only do the majority of their tactics work for retailers of all sizes, their visibility in the market means marketers can easily learn from both…

Best Buy Waives Shipping Fees for Holiday Season
November 2, 2017 at 12:26 pm

Best Buy said in blog post on Monday that it's offering free shipping on all online orders during the holiday season. For the third straight year, the electronics retailer said it would waive the $35 minimum order for free shipping it maintains the rest of the year from Oct. 30 to Dec. 25. Best Buy…

Best Buy Pulls Product Line Over Ties to the Russian Government
September 12, 2017 at 11:55 am

Best Buy will no longer sell security software from Russian internet security company Kaspersky Lab after concerns that the company could be unduly influenced by the Russian government. This summer, the Moscow-based cybersecurity company has faced a series of allegations that it could be influenced by the Kremlin. Due to those concerns, Best Buy decided to stop…

Republicans Scrap Border Adjustment Tax Plan
July 28, 2017 at 9:28 am

Top Republicans driving the GOP tax reform effort have given up on border adjustment. The border adjustment proposal was a key revenue-raising plank of the plan House Republicans unveiled last year. It would have taxed imported products but let exports go untaxed. Retailers that get many of their products from overseas raised concerns about the proposal, saying…

Best Buy to Test Try-Before-You-Buy Option
June 13, 2017 at 9:37 am

Later this month, Best Buy will start advertising try-before-you-buy rentals on its website for cameras, audio equipment and fitness trackers, the company recently told Recode. Best Buy is partnering with a San Francisco-based startup called Lumoid on the trial. The electronics retailer will feature the try-before-you-buy option on BestBuy.com and then send interested customers to Lumoid’s…

Retail CEOs Head to Washington to Fight Proposed Border Tax
February 14, 2017 at 9:58 am

Chief executives of some of the country's largest retailers, including Target, Gap, Best Buy and Autozone, are headed to Washington, D.C. this week to make their case that a controversial tax on imports would raise consumer prices and hurt their businesses, according to people familiar with the plan. The group of eight retail bosses will meet on Wednesday with…

Best Buy Again Offering Free Holiday Shipping
October 26, 2016 at 11:38 am

Best Buy is back at it. For the second year in a row, the consumer electronics retailer is offering free shipping on online purchases during the holiday shopping rush. The offer went live this past Sunday (a week earlier than last year) and will be in effect until Dec. 24. According to the StarTribune,  online sales…

The Changing Face of Brick-and-Mortar Retail: How to Stop the Bleeding 
September 30, 2016 at 8:00 am

We’ve all seen the headlines. Retailers across the board are shuttering stores or going out of business — Sears, Sports Authority, Kmart, Office Depot. The numbers are staggering. According to data from outplacement firm Challenger, Gray & Christmas, retailers have laid off approximately 44,000 workers in 2016 alone — all while Amazon.com boasts 31 percent year-over-year second quarter revenues. The discrepancy in retailer…