Tag: Best Buy Co Inc
Companies crack down on customer perks and rewards like airline miles
Shoppers at Brickell City Centre in Miami, Florida, US, on Wednesday, June 14, 2023. Eva Marie Uzcategui | Bloomberg | Getty ImagesIt's not your imagi [...]
Credit card fee fight pits payment companies against retailers
Visa Inc. and Mastercard Inc. credit cards are arranged for a photograph in Tiskilwa, Illinois, U.S.Daniel Acker | Bloomberg | Getty ImagesA bipartisa [...]
Student loan forgiveness decision by Supreme Court to hit retailers
A shopper goes through shirts in the kids section at Old Navy in Denver, Colorado.Brent Lewis | Denver Post | Getty ImagesBy striking down student deb [...]
The Inform Act takes effect targeting organized retail theft
Locked up merchandise, to prevent theft in Target store, Queens, New York. Lindsey Nicholson | Universal Images Group | Getty ImagesThe Inform Consume [...]
Target TGT brings next-day delivery to more customers
A Target logo is displayed on the screen of a smartphone.Sheldon Cooper | SOPA Images | Lightrocket | Getty ImagesTarget has a new way to speed packag [...]
Nearly all Americans cut spending amid inflation: CNBC survey
Nearly all Americans are cutting back on their spending in some way, according to a new CNBC and Morning Consult survey.The survey found 92% of Americ [...]
What are retail shrink and organized retail crime?
For several years, the terms shrink, retail crime and organized retail theft have echoed from the mouths of politicians, police officers, trade groups [...]
Best Buy (BBY) earnings Q1 2024
Televisions are seen for sale at a Best Buy store in New York City.Andrew Kelly | ReutersBest Buy on Thursday topped Wall Street's quarterly earnings [...]
Consumer takeaways from WMT, TGT, HD retail earnings
A Target department store in North Miami Beach, Florida, May 17, 2023.Joe Raedle | Getty ImagesMore grocery purchases, fewer ambitious do-it-yourself [...]
Dollar General, Dollar Tree urged to improve worker safety, wages
Dollar General and Dollar Tree storesGetty ImagesTwo activist investment firms are calling on Dollar General and Dollar Tree shareholders to approve a [...]
Best Buy doubles down on membership program as sales cool
A shopper exits a Best Buy store during Black Friday sales in Brooklyn, New York, November 26, 2021.Brendan McDermid | ReutersBest Buy said Thursday t [...]
Under Armour earnings send potential warning sign on retailer profits
Under Armour's shares sank Tuesday, even after the athletic apparel and footwear retailer beat Wall Street's quarterly revenue and earnings expectatio [...]
Best Buy lays off hundreds of store employees as shopping trends shift
Best Buy logos and store in South Edmonton Common. Friday, May 20, 2022, in Edmonton, Alberta, Canada.Artur Widak | Nurphoto | Getty ImagesBest Buy sa [...]
Shrinking food stamp benefits challenge retailers
A worker carries bananas inside the Walmart SuperCenter in North Bergen, New Jersey.Eduardo Munoz Alvarez | APFor some shoppers who already struggle t [...]
Organized crime is plaguing retailers, spurring debate
America's biggest retailers say organized retail crime has grown into a multibillion-dollar problem, but the effectiveness of their strategies to solv [...]