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Best Buy Gets Squeezed
Keywords:
Same store sales continued to drop for the fifth consecutive quarter for Best Buy electronics retail stores. Best Buy shares have declined by 32% as of September 14, 2011. Best Buy has 1,100 stores in the U.S. and competes with online retailer Amazon for electronics sales. Investors see Best Buy management's plans to reduce square footage by 10% as too slow a response to a developing crisis for big store sales. Best Buy CEO, Brian Dunn, says about 40% of online purchases from Best Buy are picked up at its stores. He sees a role for retailers with physical store space because, as he sees it, customers still want to see, touch and feel the latest tablet or other electronic gadget. Critics say customers are prone to use the stores to look at products, and make the actual purchases online at Amazon, where no sales tax is paid.
Best Buy management
09/13/2011
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No One Buys When Best Turns to Worst
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Best Buy Sales Bounce Back Ahead of Holidays
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06/22/2011
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With Share Repurchases, Best Buy Plays for Time
Wall Street Journal 06/22/2011
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Wall Street Journal 09/14/2011
Best Buy Pays Price to Rival Amazon
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Best Buy Shares Still Best Avoided
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Thrift and value purchases are the major trend in electronic retailing
09/30/2009
The electronic book reader is the new product that Best Buy is aggressively pushing this season.
Grouped Articles
Underdog Against Amazon, Best Buy Charges Ahead
New York Times 12/13/2013
Gadget Sellers Brace for Ho-Hum Holiday
Wall Street Journal 09/30/2009
Profit Rises at Best Buy, but Margins Are a Worry
New York Times 12/16/2009
Fragile Label On Best Buy's Market Share
Wall Street Journal 12/16/2009
Gadget Deflation Hurts Sellers
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BusinessWeek 12/10/2009
Amazon performance
07/26/2011
Grouped Articles
Amazon Is Developing Smartphone With 3-D Screen
Wall Street Journal 05/10/2013
Amazon Vexed by Strikes in Germany
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Investors Brace for Amazon.com's Results
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Washington Post 08/06/2013
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Sales Are Colossal, Shares Are Soaring. All Amazon Is Missing Is a Profit
New York Times 10/21/2013
Wal-mart Electronics.
08/02/2007
Grouped Articles
Wal-Mart Looks to Grab Gains in Gadgets
Wall Street Journal 08/02/2007
TV Makers Aren't Turned Off by Slump
Wall Street Journal 01/29/2008
Best Buy Confronts Newer Nemesis
Wall Street Journal 03/16/2009
Wal-Mart Steps Up Its Game in Electronics Aisle
Wall Street Journal 05/19/2009
BusinessWeek 11/25/2009
Wall Street Journal 09/14/2011
U.S. online retail sales
12/23/2010
Grouped Articles
How the Web Drags on Some Retailers
Wall Street Journal 12/02/2014
Gift Shoppers Flocked to the Web
Wall Street Journal 12/24/2010
Online Sales Rose 15% This Holiday Season, Report Says
New York Times 12/23/2010
Retailers Struggle in Amazon's Jungle
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Amazon's Sweet Music is Click, Click, Click
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Wall Street Journal 09/14/2011
Best Buy performance
11/25/2009
Grouped Articles
Can This Former Clerk Save Best Buy?
Wall Street Journal 05/12/2013
Best Buy Works to Get Its Website Up to Snuff
Wall Street Journal 08/08/2013
Wall Street Journal 11/04/2013
Underdog Against Amazon, Best Buy Charges Ahead
New York Times 12/13/2013
No One Buys When Best Turns to Worst
Wall Street Journal 01/17/2014
Wall Street Journal 08/26/2014
Best Buy strategy
06/16/2010
Grouped Articles
Can This Former Clerk Save Best Buy?
Wall Street Journal 05/12/2013
Best Buy Works to Get Its Website Up to Snuff
Wall Street Journal 08/08/2013
Wall Street Journal 11/04/2013
Best Buy Tests New Appeals to Women
Wall Street Journal 06/16/2010
Underdog Against Amazon, Best Buy Charges Ahead
New York Times 12/13/2013
No One Buys When Best Turns to Worst
Wall Street Journal 01/17/2014
Wal-Mart pricing in 2009 and how it affects Kroger, Safeway and Best Buy.
06/06/2006
Grouped Articles
Underdog Against Amazon, Best Buy Charges Ahead
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No. 1 Retailer in Britain Uses 'Clubcard' to Thwart Wal-Mart
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From Cheap Stand-In to Shelf Star
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Budgets Squeezed, Some Families Bypass Organics
New York Times 11/01/2008
Retail Sales Show Signs of Life
Wall Street Journal 03/06/2009
Wal-Mart Boosts Private Label to Court Thriftier Consumers
Wall Street Journal 03/17/2009
Amazon strategies
07/27/2011
Grouped Articles
Amazon Is Developing Smartphone With 3-D Screen
Wall Street Journal 05/10/2013
Washington Post to be sold to Jeff Bezos, the founder of Amazon - The Washington Post
Washington Post 08/06/2013
Washington Post 08/06/2013
Sales Are Colossal, Shares Are Soaring. All Amazon Is Missing Is a Profit
New York Times 10/21/2013
Amazon's Current Employees Raise the Bar for New Hires
Wall Street Journal 01/08/2014
Amazon's Growth Story Keeps Selling
Wall Street Journal 01/31/2014
Specialty retailers in electronics and books and the internet stores
02/22/2011
Grouped Articles
Forecast for Best Buy: Worst Is Yet to Come
Wall Street Journal 03/04/2011
Retailers Struggle in Amazon's Jungle
Wall Street Journal 02/22/2011
Wall Street Journal 03/29/2011
Wall Street Journal 09/14/2011
After the collapse of Circuity City, Best Buy finds its own retail model at risk from online sellers
09/14/2011
Best Buy faces strong competition in electronics sales from online sellers such as Amazon.com, and sees its position erode. A shift toaller size smaller stores with more personal attention as Best Buy questions the logic of bigbox stores.
Linked Articles
Best Buy Swings to Loss on Heavy Charges; to Close 50 Stores
Wall Street Journal 03/29/2012
Wall Street Journal 09/14/2011
Electronic retailer Best Buy's overhaul of management and difficulties competing with Amazon
09/14/2011
Linked Articles
Best Buy Founder Resigns, Explores Options for Stake
Wall Street Journal 06/07/2012
Wall Street Journal 09/14/2011
'Showrooming' and its impact on Best Buy, Target and Wal-Mart
09/14/2011
Linked Articles
Can Retailers Halt 'Showrooming'?
Wall Street Journal 04/11/2012
Wall Street Journal 09/14/2011
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