Best Buy Q2 FY18 results

Enterprise Comparable Sales Increased 5.4% GAAP Diluted EPS of $0.67 Increased 20% Non-GAAP Diluted EPS of $0.69 Increased 21% MINNEAPOLIS, 2017-Aug-31 — /EPR Retail News/ — Best Buy Co., Inc. (NYSE: BBY) today (August 29, 2017) announced results for the second quarter ended July 29, 2017 (“Q2 FY18”), as compared to the second quarter ended July 30, 2016 (“Q2 FY17”). The company reported GAAP diluted […]

Best Buy School Tech Grant program announces recipient schools

From more than 515 applicants, 11 elementary schools across Canada have been awarded cash grants of up to $10,000 each Recipients will use grants to enhance or integrate technology used in various classroom programs or extracurricular activities Burnaby, BC, 2017-Jun-16 — /EPR Retail News/ — Best Buy Canada is proud to announce that 11 elementary […]

Best Buy Canada announces the return of Geek Squad Academy to offer free hands-on technology classes to kids

Burnaby, BC, 2017-Mar-09 — /EPR Retail News/ — Best Buy Canada is proud to announce the return of Geek Squad Academy to Canada for the third year. Geek Squad Academy pairs non-profit organizations and schools with local Geek Squad Agents from Best Buy stores to offer hands-on technology classes, at no charge, to youth aged 10-16 […]

Best Buy Approves Plan to Return Excess Capital to Shareholders

Two-Year $3 Billion Share Repurchase Plan 21% Increase in Quarterly Dividend to $0.34 per Share MINNEAPOLIS, 2017-Mar-07 — /EPR Retail News/ — Best Buy Co., Inc. (NYSE: BBY) today ( March 1, 2017) announced that its Board of Directors approved a plan to return excess capital to shareholders as follows: A new $3 billion share repurchase […]

Best Buy and Hockey Québec partner for the tenth edition of the Best Buy Cup

MONTREAL, Quebec, 2017-Jan-07 — /EPR Retail News/ — Best Buy and Hockey Québec are joining forces for the tenth edition of the Best Buy Cup. This event, which brings together nearly 200 Atom and Peewee hockey teams, is the biggest open-air hockey tournament for these young players to take part in, giving them the opportunity […]

Best Buy announces quarterly cash dividend of $0.28 per common share

MINNEAPOLIS, 2016-Nov-20 — /EPR Retail News/ — The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.28 per common share. The quarterly dividend is payable on December 29, 2016, to shareholders of record as of the close of business on December 8, 2016. […]

Best Buy unveils its Black Friday deals

Best Buy unveils its Black Friday deals   Minneapolis, MN, 2016-Nov-12 — /EPR Retail News/ — Best Buy’s Black Friday ad is available now to preview at BestBuy.com/BlackFriday, featuring doorbusters available starting Thanksgiving Day on BestBuy.com and when stores open at 5 p.m. local time that day.1  And for those looking to get an early start […]

Best Buy introduces Ignite web page dedicated to the latest and greatest tech from startups

Best Buy introduces Ignite web page dedicated to the latest and greatest tech from startups   Minneapolis, MN, 2016-Nov-02 — /EPR Retail News/ — If you geek out whenever you get a glimpse of cool, new tech devices, there’s a new page on BestBuy.com that’s sure to spark your interest. We have introduced a Best Buy […]

Best Buy announces 20 must-have technology products for the holiday shopping season

Best Buy announces 20 must-have technology products for the holiday shopping season   Minneapolis, MN, 2016-Oct-27 — /EPR Retail News/ — Start preparing those wish lists; the holiday shopping season is here. Today (October 25, 2016 ), Best Buy announced its annual “Top Tech” list — the 20 must-have technology products— just in time to get a […]

Best Buy hosts demos of Oculus Touch controllers with its Rift virtual reality headset

Best Buy hosts demos of Oculus Touch controllers with its Rift virtual reality headset   Minneapolis, MN, 2016-Oct-12 — /EPR Retail News/ — You’ve looked into the future. Now you can Touch it. Starting this week, Best Buy is one of the first retailers where you can try out the new Oculus Touch controllers with its Rift […]

Best Buy launches new program that highlights the newest tech from startup companies, Best Buy Ignite

Minneapolis, MN, 2016-Sep-27 — /EPR Retail News/ — You come to Best Buy to see and try the latest and greatest technology, from 4K TVs to virtual reality. But we know there are also a lot of really cool, innovative products out there that aren’t yet on our shelves. That’s why we’re launching Best Buy Ignite, […]

Fizzics® portable draft beer system now available at Best Buy

Fizzics® portable draft beer system now available at Best Buy   Minneapolis, MN, 2016-Sep-22 — /EPR Retail News/ — So, these two guys walk into a bar. [Correction: Brewery.] One guy’s an engineer. The other guy’s a tech geek. They’re both “beer guys.” And, while sipping pints of their favorite brews, they get a great idea: […]

Best Buy launches recyclable gift cards

Best Buy launches recyclable gift cards   Minneapolis, MN, 2016-Sep-14 — /EPR Retail News/ — Best Buy recently released a gift card that can be recycled at home – with your paper, cans and bottles. Because the “Go Green” gift card is made out of paper, it can go right into your recycling bin at home. […]

Hi-Res Listening Station displays expands to more than 250 Magnolia Home Theater locations at Best Buy

Hi-Res Listening Station displays expands to more than 250 Magnolia Home Theater locations at Best Buy   Minneapolis, MN, 2016-Aug-26 — /EPR Retail News/ — High-resolution audio is expanding to more than 250 Magnolia Home Theater locations across the nation beginning this week. Last year, Hi-Res Listening Station displays – developed with Sony Electronics –debuted in […]

Best Buy launches smart home tour Tech Home at Minnesota’s Mall of America

Minneapolis, MN, 2016-Aug-23 — /EPR Retail News/ — It’s time you went on a smart home tour. Let Best Buy be your guide. It’s our 50th anniversary, and we’re rolling out the welcome mat to Tech Home at Minnesota’s Mall of America to help celebrate Best Buy’s role of bringing the latest technology to you. Tech […]

Best Buy celebrates turning 50 with a 50-hour sale featuring 50 Black Friday-like deals on latest technology

Minneapolis, MN, 2016-Aug-19 — /EPR Retail News/ — Best Buy is turning 50, and to celebrate, we’re throwing a birthday bash for you, our customers. The party kicks off tonight with a 50-hour sale featuring 50 Black Friday-like deals on the latest technology. Find great prices on everything from MacBook Pro computers and 4K UHD TVs, […]

Best Buy’s Geek Squad offers tips on how to deal with Ransomware

Minneapolis, MN, 2016-Aug-02 — /EPR Retail News/ — You turn on your computer, only to find that you’re locked out of all of your files — everything from work documents to family photos. There’s an ominous message on the screen demanding that you pay a fee to regain access. That nightmare scenario has become all too […]

Best Buy features comedian Adam Devine in its new back-to-school ad campaign

Minneapolis, MN, 2016-Jul-20 — /EPR Retail News/ — Best Buy has launched a new back-to-school ad campaign that features comedian, actor and producer Adam Devine in a series of educational and humorous TV, digital and social spots. Each element highlights a common scenario students face, and shows how to navigate awkward and difficult college tasks. Devine […]

Best Buy named to the FTSE4Good Index for its sustainability efforts

Minneapolis, MN, 2016-Jul-12 — /EPR Retail News/ — Best Buy has again been recognized for its sustainability efforts by being named to the FTSE4Good Index for the third year in a row. The index includes publicly traded companies with strong environmental, social and governance practices. FTSE4Good Indices are used by socially responsible investors and other stakeholders to […]

LG Experience interactive display wall arrives at Best Buy stores nationwide to help shoppers experience the latest TV technologies

Minneapolis, MN, 2016-Jul-07 — /EPR Retail News/ — Starting this week, there’s no better place to see the latest innovations – including OLED and SUPER UHD TV – that LG has to offer your living room than at Best Buy. That’s because the first-ever LG Experience interactive display wall has arrived in nearly 400 Best Buy […]

Best Buy joins Keep America Beautiful and the Ad Council to encourage our customers to recycle shipping boxes

Minneapolis, MN, 2016-Jul-07 — /EPR Retail News/ — When you toss those cans or boxes into the recycling bin, do you ever wonder what happens to them? We do. At Best Buy, reducing waste is key to our sustainability commitment, and we want to help our customers live more sustainably, too. That’s why we’re joining Keep […]

Best Buy’s Geek Squad Academy summer camp visits tribal nation as part of the federal government’s ConnectHome initiative

MINNEAPOLIS, 2016-Jun-15 — /EPR Retail News/ — Best Buy’s Geek Squad Academy summer camp is visiting a tribal nation for the first time as part of the federal government’s ConnectHome initiative. About 135 students between the ages of 10 and 18 are participating in the two-day camp this week (June 14-15) at Durant High School in […]

Best Buy announces results for the first quarter ended April 30, 2016

GAAP Diluted EPS of $0.69 Non-GAAP Diluted EPS Increased 19% to $0.44 Domestic Segment Comparable Sales Essentially Flat MINNEAPOLIS, 2016-May-25 — /EPR Retail News/ — Best Buy Co., Inc. (NYSE:BBY) today announced results for the first quarter ended April 30, 2016 (“Q1 FY17”), as compared to the first quarter ended May 2, 2015 (“Q1 FY16”). […]

Best Buy CAO and CFO Sharon McCollam to step down and will be succeeded by Corie Barry on June 14, 2016

CAO and CFO Sharon McCollam to step down at conclusion of company’s annual shareholder meeting in June Current Chief Strategic Growth Officer to assume CFO role MINNEAPOLIS, 2016-May-25 — /EPR Retail News/ — As part of an internal succession plan, Best Buy today announced that Sharon McCollam, the company’s chief administrative and chief financial officer, will be […]

Appliances and tech gadgets on Best Buy’s hottest products list for the wedding season

Minneapolis, MN, 2016-May-18 — /EPR Retail News/ — We’re in wedding season, folks. An average of 2.4 million nuptial ceremonies are performed in the U.S. each year, with 44,230 taking place each weekend. That’s a lot of vows, cake and chicken dances. For many couples, it’s crunch time to knock out their to-dos before the “I Dos.” That means finalizing […]

Best Buy the first and only U.S. retailer where customers can try out Oculus Rift

Minneapolis, MN, 2016-May-17 — /EPR Retail News/ — Last week, Aaron Neuhouser climbed the steep face of a Himalayan mountain for an incredible view — and he did so without ever taking his feet off the ground or leaving the United States. You see, Aaron wasn’t actually on a mountain. He was virtually on a mountain. […]

Best Buy: Pro football star Von Miller now also a Geek Squad agent

Minneapolis, MN, 2016-Apr-13 — /EPR Retail News/ — Von Miller is a Super Bowl MVP, dancing phenom, self-proclaimed nerd and now… an official Geek. The pro football star filled out a Geek Squad job app Sunday night and, true to Geek Squad tradition was deputized in record time by Geek Squad Chief Inspector Nate Bauer Monday […]

Best Buy announces 1,000 Toyota Prius c hybrids to serve as its new Geekmobile vehicles

Minneapolis, MN, 2016-Apr-12 — /EPR Retail News/ — With a brand new ride and refreshed logo, Geek Squad is all revved up for the road ahead. Best Buy announced today the dispatch of nearly 1,000 Toyota Prius c hybrids nationwide to serve as our new Geekmobile vehicles. The new Geekmobile, boldly bearing the updated logo, better […]

Citi ThankYou Points can now be used to purchase on BestBuy.com

Minneapolis, MN, 2016-Apr-09 — /EPR Retail News/ — Forget checking the couch cushions for spare change. It’s time to check your credit card rewards balance for unused points instead. Best Buy customers can now use Citi ThankYou Points to pay for all or a portion of most purchases made on BestBuy.com, making it easy and convenient […]

Best Buy expands its test of same-day delivery service to 13 major metro markets across the United States

Minneapolis, MN, 2016-Apr-09 — /EPR Retail News/ — Want to get your hands on the latest technology — or everyday must-haves like printer ink — quickly but don’t have time to stop by a store? Best Buy has good news for you. The company announced Wednesday that it’s expanding its test of same-day delivery service to […]