Tag: Best Buy Co Inc
‘Wardrobing’ retail fraud soars in the summer
A particular type of retail fraud soars during the summer season."Wardrobing," in which a shopper buys an expensive item, wears it with the tags on, a [...]
Best Buy unveils plans to grow sales, cash in on AI
Microsoft PCs on display at a Best Buy store in Secaucus, N.J. Melissa Repko | CNBCBest Buy on Tuesday announced new plans to try to reverse a two-yea [...]
Best Buy (BBY) Q1 2025 earnings
Best Buy on Thursday missed Wall Street's quarterly sales expectations but stressed higher profits and lower costs as softer demand for consumer elect [...]
Petco CEO Ron Coughlin steps down
Ron Coughlin, chief executive officer of Petco Animal Supplies Inc., outside the Nasdaq MarketSite during Petco Health & Wellness Co. initial publ [...]
Best Buy (BBY) earnings Q4 2024
People walk past a Best Buy store in Manhattan, New York City, November 22, 2021.Andrew Kelly | ReutersBest Buy surpassed Wall Street's revenue and ea [...]
AI is giving Santa a boost this holiday season
Manonallard | E+ | Getty ImagesFor many Americans, it's the first holiday season when most of the family may know the term "artificial intelligence" i [...]
Walmart hiring, wage pressures have eased, CEO says
A worker stocks the shelves at a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store [...]
Retailers, Covid-era nostalgia revive the vinyl records industry
A stack of freshly pressed gold vinyl records at United Record Pressing.CNBCThis story is part of CNBC's new quarterly Cities of Success series, which [...]
Thanksgiving Day online sales, discounts jump
Ordering gifts online, paying by credit card. Concept online shopping, buying Christmas and New Year's presents. Black credit card, computer and chris [...]
Retailers use deals and events to drive sales
Target hosted a free "Winter Wonderland" event in New York City to show off the holiday season's hottest toys. It's an example of the extra effort tha [...]
Retailers cast doubt on Black Friday, holiday 2023 spending
A person walks past a sales advertisement at Saks Off 5th Department Store ahead of the Thanksgiving holiday sales in Washington, DC, November 21, 202 [...]
Nordstrom (JWN) earnings Q3 2023
Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania.Mark Makela | Getty ImagesNordstrom on Tuesd [...]
American Eagle (AEO) earnings Q3 2023
American clothing and accessories retailer American Eagle store seen in Hong Kong. (Photo by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)B [...]
Best Buy (BBY) earnings Q3 2024
People walk past a Best Buy store in Manhattan, New York City, November 22, 2021.Andrew Kelly | ReutersBest Buy cut its full-year sales outlook Tuesda [...]
Walmart tries to grow third party marketplace with Las Vegas event
Walmart is hosting its first seller summit businesses that are part of its third-party marketplace. The two-day event includes how-to sessions and rem [...]