68.53 0.00 (0.00%)
After hours: 6:22PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||68.29 - 69.76|
|52 Week Range||43.72 - 78.59|
|PE Ratio (TTM)||21.00|
|Forward Dividend & Yield||1.80 (2.58%)|
|1y Target Est||N/A|
Best Buy under fire as documents newly obtained by the Electronic Frontier Foundation suggest that the retailer's computer repair service Geek Squad had a cozy relationship with the FBI dating back years. One document records a $500 payment from the FBI to a confidential Geek Squad informant.
A number of major national retailers, including Menomonee Falls-based Kohl’s, Sears, Target and Wal-Mart, have sent a letter to President Donald Trump to express their concerns about the impact of the president’s proposed tariffs.
By Ginger Gibson WASHINGTON (Reuters) - Retailers and shoemakers continued to sound alarms on Monday about their concerns that President Donald Trump's plan to impose sweeping tariffs on imported goods ...
Shares of Dick's Sporting Goods (DKS) tumbled after the sporting goods retailers' earnings report earlier this month, and Hibbett Sports (HIBB) also lost ground after reporting fourth-quarter earnings. Credit Suisse analyst Seth Sigman likens Dick's and Hibbett to another pair of brand-dependent retailers: Best Buy (BBY) and Toys 'R' Us. By contrast, Best Buy lowered its prices early on, beefed up its service, and increased its partnerships with top vendors, while also investing in its online operations.
Hubert Joly, who has led a five-year turnaround at Best Buy Co. Inc., has a five-point test in determining whether someone is a strong leader. Business Insider chats with Joly on his "five 'be's of leadership," a list that's been an important part of helping cut turnover at Best Buy (BBY). Joly last fall marked his fifth year as Best Buy's CEO, a period in which the retailer has bounced back from feared-irrelevance to a position of renewed strength in a still-roiling retail industry.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Services sector is rising.
Everybody knows about credit scores. The Wall Street Journal reports on The Retail Equation, the third-party vendor that keeps tabs on shopper behavior for chains like Best Buy Co. Inc. and J.C. Penney, and can step in and reject refunds if a customer exhibits behavior it doesn't like . The company says its system is designed to spot behavior that's common in return fraud or abuse, such as consistently buying an item, using it and then expecting a refund.
Amazon made the investment through its Amazon Alexa Fund. The investment in Ecobee was revealed roughly one week after Amazon paid an estimated $1.0 billion to acquire Ring, a video doorbell maker and a player in the smart home automation market. Ecobee is a Canada-based startup that develops smart thermostats.
Everybody knows about credit scores. But most people don't know retailers also score shoppers on how often they return products — and that they may cut you off without warning.
Jake Zakhar recently returned three cellphone cases at a Best Buy store in Mission Viejo, Calif., and a salesperson told him he would be banned from making returns and exchanges for a year. The salesperson told him to contact Retail Equation, based in Irvine, Calif., to request his “return activity report,” a history of his return transactions. When he appealed to Best Buy and tweeted his report, the company referred him back to Retail Equation.
Best Buy Co Inc (BBY.N) has completed a five-year turnaround and is ready to compete with market leader Amazon.com Inc (AMZN.O) to prove U.S. retail is not a "winner takes all" situation, Chief Executive Hubert Joly told Reuters on Friday. Brick-and-mortar retailers like Best Buy have closed stores and some have gone out of business over the past few years in the face of online competition and the decline of American malls. The largest U.S. consumer electronics retailer is attracting customers again, Joly said in an interview.
Best Buy Co Inc has completed a five-year turnaround and is ready to compete with market leader Amazon.com Inc to prove U.S. retail is not a "winner takes all" situation, Chief Executive Hubert Joly told Reuters on Friday. Brick-and-mortar retailers like Best Buy have closed stores and some have gone out of business over the past few years in the face of online competition and the decline of American malls. The largest U.S. consumer electronics retailer is attracting customers again, Joly said in an interview.
BRUSSELS (AP) — The Trump administration's decision to impose tariffs on aluminum and steel imports drew warnings Friday from businesses and U.S. trading partners that the measure could backfire, provoking a trade war without resolving the problems it's intended to address.
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