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Are Best Buy’s ‘Takeover Packages’ a Good Idea?

Best Buy is planning the launch of takeover packages available to ad partners in 2026. Will these packages prove profitable for both parties?

IKEA, Best Buy

Do IKEA Shops Work Inside Best Buy?

IKEA is partnering with Best Buy, placing small shops inside the latter’s brick-and-mortar locations. Will this partnership work?

Best Buy, IKEA

IKEA and Best Buy Launch Shop-in-Shop Pilot Across 10 Stores in Florida and Texas

IKEA is partnering with Best Buy to place small shops within the latter’s larger stores in a pilot project.

Best Buy store entrance, facade and exterior with customer car parked in front

What Should Best Buy’s Tariff Playbook Look Like?

Best Buy lowered its full-year guidance due to tariffs but also laid out a five-point plan to curb further damage. Which step will likely offer the biggest payback?

Tariffs concept, Outside of Best Buy

Best Buy Delivers Q1 Earnings Beat, Revenue Miss as It Slashes Guidance Due to Tariff Concerns

Best Buy delivered a mixed Q1 earnings report as it cut full-year guidance due to tariffs and economic uncertainty.

Tariffs concept, Outside of Best Buy

Target and Best Buy Warn Customers of Incoming High Prices Over Trump Tariffs

Best Buy and Target are warning of imminent and perhaps prolonged price hikes as a result of President Trump’s tariffs.

Tariffs concept, Outside of Best Buy

Best Buy To Launch Third-Party Marketplace This Summer

Best Buy is partnering with Mirakl to allow third-party vendors to sell on its website.

Best Buy store entrance, facade and exterior with customer car parked in front

Will Best Buy’s New Third-Party Marketplace Counterbalance Its Softening Core Business?

Best Buy is opening up an online marketplace in the U.S. for a second time. Will its fortunes improve this time around?

Best Buy store entrance, facade and exterior with customer car parked in front

Best Buy Misses All Targets in Q3 Earnings Report, Stock Tumbles

Best Buy recently revealed a disappointing Q3 earnings report, causing stocks to tumble.

Best Buy store entrance, facade and exterior with customer car parked in front

Best Buy Extends Store Hours for Holiday Season

Extended store hours and deals galore are a win for holiday shoppers.

October calendar with leaves behind it

Has October Become Holiday’s Make-or-Break Month?

Following news on holiday sales events set for early October arriving from Amazon, Target, and Best Buy, Walmart announced plans last week to roll out holiday deals “weeks earlier than previous years.” Should October results dictate the promotional cadence this holiday season?

Best Buy store entrance, facade and exterior with customer car parked in front

Best Buy’s Quarterly Earnings Increased Despite Declining Same-Store Sales

Lower customer demand hurt Best Buy’s sales numbers in the last quarter.

Best Buy delivery tracking

How Will Real-Time Tracking Affect Retail Delivery?

Best Buy has launched a new live tracking feature for large deliveries like TVs and appliances, using AI to provide real-time updates. In what additional ways can retailers leverage real-time tracking technology beyond delivery to enhance operational efficiency and customer experience?

Tariffs concept, Outside of Best Buy

Best Buy Revamps Brand, Complete With a ‘Spokeshologram’

Electronics retailer Best Buy announced Tuesday that it is revamping its branding with a new tagline, changes to its look, and an advertising “spokeshologram.” 

Best Buy

Will Best Buy’s New Initiative Make a Difference?

Best Buy has announced plans to shift its retail strategy from a traditional approach to a newfound focus on technology and customer engagement. What are the potential implications of Best Buy’s “imagine that” strategy for fostering personalized customer experiences in the retail industry?

Tariffs concept, Outside of Best Buy

Best Buy’s Black Friday in July Goes Head-to-Head With Amazon Prime Day

It’s time to cash in on all the savings for this once-a-year sale.

Tariffs concept, Outside of Best Buy

Will Magazine Content Elevate Retail Media’s Opportunity?

Promising a “new retail media model,” Best Buy has partnered with CNET to integrate the tech review site’s recommendations across Best Buy channels. Do you see enough benefits from the partnership for both shoppers and advertisers?

Best Buy CEO Links ‘Funflation’ and Taylor Swift Concerts to Sluggish Electronics Sales

Best Buy CEO, Corie Barry, suggests that the surge in spending on experiences like Taylor Swift concerts, coined as “funflation,” is…

Woman holding a credit card and her phone next to an image of a phone that says "Best Buy"

Should Best Buy Join Drop Culture?

For the holidays. Best Buy is introducing Best Buy Drops, offering consumers limited-time deals on electronic gadgets. Do drops make as much sense for a category such as electronics as fashion?

The CEO of Best Buy’s Home-Healthcare Unit Shares How a New Tech Strategy Will Help Grow the Business

Best Buy’s home-health business, Current Health, aims to develop automation technology to simplify the transition of patients from hospitals to home…

Front of a Best Buy store

Will Best Buy See a Holiday Recovery?

Best Buy’s second quarter marked its seventh straight period of negative same-store sales. Do you see a potential sales recovery for the consumer electronics category by the fourth quarter?

How Best Buy Is Winning the War Against Retail Theft

While major retailers like Target, Walmart, and Dick’s have raised concerns about rising retail theft, Best Buy has managed to maintain…

Best Buy Declares the ‘Low Point’ in Tech Sales After Years of Declines

Best Buy’s CEO, Corie Barry, has stated that the current year will likely mark the low point in tech demand after…

Is Best Buy Built to Last?

Best Buy’s comps were down 10.1 percent in the first quarter, but CEO Corie Barry is confident that the consumer electronics chain will turn in better numbers as the year progresses.

Man looking at tablet and smiling

Is Best Buy Ready to Tier Up Its Loyalty Program Efforts?

Best Buy is expanding its loyalty program from one paid and one free tier to one free one and two paid.

Assorted streaming apps are seen on an iPhone, including Netflix, HBO Max, Disney Plus, Amazon Prime Video, YouTube, Apple TV, Sling TV, Roku, and Hulu.

Is Streaming TV Retail Media’s Next Growth Driver?

The advertising potential of streaming platforms has entered the hype cycle as Netflix and Disney+ recently rolled out ad-supported streaming tiers.

Best Buy Geek Squad member speaking with man

Will Best Buy cash in on healthcare by sticking to what it does best?

Best Buy Health is focused on enabling medical care at home with three focus areas: wellness, aging and care.

When will Best Buy’s sales recover?

When will Best Buy’s sales recover?

Best Buy last week forecast sales would decline three-to-six percent in 2023 amid macroeconomic pressures. The chain reported a 10.3 decline in 2022.

Will Best Buy customers be okay with its rewards program changes?

Will Best Buy customers be okay with its rewards program changes?

The good news if you are a My Best Buy rewards program member is that you will no longer be required to make a minimum purchase to receive free standard shipping on online orders. The bad news is that to get the perk, you’ll have to pay with the retailer’s high interest credit card. How do you expect Be​​st Buy customers to react to changes to its My Best Buy rewards program?

Best Buy’s virtual store pilot earns high customer satisfaction scores

Best Buy’s virtual store pilot earns high customer satisfaction scores

Best Buy has implemented and expanded its use of digital clienteling to serve more than a quarter million customers since announcing its virtual store pilot in 2021. Customer satisfaction has increased 20 percent as a result of the company taking its famous in-store service online.  What do you see as the biggest benefits of Best Buy’s virtual store?

Is now the right or wrong time for retailers to invest big in their businesses?

Is now the right or wrong time for retailers to invest big in their businesses?

Many retailers saw dollar sales slow and profit margins drop over the first six months of the year and some have responded to this situation by cutting back on capital expenditures. Should retailers currently struggling with sales and profits seek to increase or decrease their capital expenditures at this time?

Will Americans get started earlier or later this year on their Christmas shopping?

A recent study predicts that shoppers will be more likely to spread their dollars out earlier in the holiday season as ongoing concerns about inflation change spending habits. Will promotional activity play a bigger role in driving traffic and sales this year than we’ve seen since the pandemic began?

What will store-level job cuts mean for Best Buy’s front line and bottom line?

What will store-level job cuts mean for Best Buy’s front line and bottom line?

Best Buy is laying off an unspecified number of associates in stores across the country in what is widely seen as a cost-cutting move after the chain last month lowered its annual sales and profit forecast. How should retailers calculate cost savings versus the cost to morale when cutting front line workers?

Will refurbished products deliver ‘good as new’ results for Walmart?

Will refurbished products deliver ‘good as new’ results for Walmart?

Walmart has launched a program selling refurbished appliances and consumer electronics that it says will offer high-quality products at a fraction of the cost of buying them new. Do you expect sales of refurbished electronics to get a significant boost as a result of inflation?

Is Walmart’s HQ reorg a good thing or cause for concern?

Is Walmart’s HQ reorg a good thing or cause for concern?

Walmart is laying off workers as part of a reorganization of its corporate staff. The decision comes on the heels of reducing its forecast for the current quarter and the year. What is your take on the layoffs taking place at Walmart?

Best Buy cuts forecast in glass half full announcement

Best Buy cuts forecast in glass half full announcement

Best Buy has downwardly revised its second quarter and full-year forecast, but the news is not all bad, according to its CEO Corie Barry. Do you see Best Buy as a stronger or weaker retail company today than it was a year ago and before the pandemic?

Best Buy offers a new way to shop with its first-ever digital-first small box store

Best Buy offers a new way to shop with its first-ever digital-first small box store

Best Buy is today opening a new digital-first, small box store concept that it believes will change the way consumers shop for the products it sells. Do you expect customers to respond favorably to the shopping experience offered in Best Buy’s new small format store in Monroe, NC?

Inflation didn’t slow Amazon’s Prime Day roll – or its rivals' either

Inflation didn’t slow Amazon’s Prime Day roll – or its rivals’ either

Amazon.com is officially calling this week’s Prime Day sales event a success. The retail and technology giant said that shoppers purchased more items in what it has labeled as the “biggest Prime Day event” in its history. Did anything around Amazon’s sales performance this week or that of its rivals surprise you in any way?

Is Best Buy’s home pickup recycling service worth the price?

Is Best Buy’s home pickup recycling service worth the price?

Best Buy recently became the first national retailer to offer a service that picks up old tech from customers’ homes to be recycled. The price of the service, at $199, however, may come with some sticker shock. Will Best Buy’s Standalone Haul-Away service, at $199, hold enough appeal to consumers?

Best Buy CEO expects headwinds but not a ‘full recession’ ahead

Best Buy CEO expects headwinds but not a ‘full recession’ ahead

Best Buy CEO Corie Barry is well aware of the challenges the consumer electronics chain faces in the current economic environment. She’s also confident that the steps the retailer is taking to get closer to its customers will lead to long-term success. Where do you see the biggest opportunities for the chain to continue growing?

Has Best Buy found an outlet for future growth?

Has Best Buy found an outlet for future growth?

Best Buy is moving forward with its plan to double the number of outlet stores it operates over the next year. The consumer electronics retailer said it is opening four new outlets this summer and fall in Chicago, Houston, Manassas, VA, and Phoenix. Where do you think Best Buy will see the biggest benefit from its new outlet store strategy?

Expensive gas slows foot traffic

Expensive gas slows foot traffic

A new study indicates that retailers are taking a hit in foot traffic across the board due to fuel cost inflation. Do you think that foot traffic to stores will continue to slow due to fuel costs and other inflationary pressures?

When should a retailer work with Amazon Web Services?

When should a retailer work with Amazon Web Services?

In February it was announced that Best Buy chose Amazon Web Services as its preferred Cloud technology partner. This would not be so newsworthy If not for the many retailers either shunning AWS or keeping investments in it to a minimum. Do retail executives have the knowledge and expertise to make cloud partner decisions in the best interests of their companies?

Best Buy and others find great customer experiences start with data insights

Best Buy and others find great customer experiences start with data insights

Retailers have long been emphatic about how necessary data collection is. How that’s achieved, however, along with what data gets prioritized and how that affects the customer experience were frequently missing from public-facing presentations.  Are there cases in 2022 where a retailer shouldn’t have a “data-driven culture”?

Will Best Buy rule the metaverse?

With more people than ever talking about an impending virtual reality revolution and speculating about an eventual consumer move to a shared VR metaverse, some say Best Buy is primed to emerge as the go-to retailer. Do you see Best Buy being one of the main beneficiaries of the adoption of virtual reality tech by consumers?

Can Safeway slam the door shut on shoplifters?

Can Safeway slam the door shut on shoplifters?

As a number of major U.S. cities continue to grapple with the problem of violent, orchestrated retail theft, Safeway in San Francisco is rolling out restrictive solutions it hopes will stop the shoplifting mobs. Do you see Safeway’s introduction of barriers and other security measures as workable long-term solutions that will deter theft?

Will paid perks pay off for Williams Sonoma?

Will paid perks pay off for Williams Sonoma?

Williams Sonoma has launched a new paid membership program, Williams Sonoma Reserve, costing $99 annually that includes free shipping and experiential perks. Do you think Williams Sonoma’s annual subscription program will hold enough appeal for enough of its customers?

Do Macy’s or Best Buy have a better approach to gift cards?

Does Macy’s or Best Buy have a better approach to gift cards?

At Macy’s, the only gift cards available are those linked back to purchases at the retailer. Best Buy, in contrast, offers not only its own gift cards but those for Macy’s, Amazon.com and more than 150 other retailers, restaurants and entertainment businesses. Would you encourage retailers to sell only their own gift cards, offer a curated mix or sell as many gift cards as possible?

Will Best Buy’s latest acquisition be a healthy addition for the chain?

Will Best Buy’s latest acquisition be a healthy addition for the chain?

Best Buy has signed an agreement to acquire Current Health, a remote patient monitoring and telehealth technology company based in the UK. What is your assessment of Best Buy’s healthcare strategy?

Will access to hard-to-find gifts make Totaltech-heads out of Best Buy’s customers?

Will access to hard-to-find gifts make Totaltech-heads out of Best Buy’s customers?

Best Buy is launching a nationwide rollout of its Totaltech subscription program. Membership offers a host of service and purchasing benefits. Will Totaltech increase the sense of loyalty that Best Buy’s customers feel for the chain?