NEW YORK — Electronics retailer Best Buy said Tuesday that its third-quarter net income fell 29 percent as it cut prices in popular categories such as tablets and TVs to drive sales and traffic during the busy holiday season. Its ...Read More »
NEW YORK — In an unexpected twist, TVs are topping many Christmas shopping lists this year. Wal-Mart says TVs are among the top gifts people are putting on layaway at its 3,000-plus U.S. stores during the holiday season. The Westinghouse ...Read More »
NEW YORK — Cable companies said Wednesday that they will offer Internet service for $9.95 per month to homes with children that are eligible for free school lunches. The offer will start next summer and is part of an initiative ...Read More »
LONDON — Carphone Warehouse Group PLC is closing its 11 Best Buy “big box” electronics stores, launched in April last year, as part of a reorganization of its relationship with the U.S.-based company. The stores competed in a tough market ...Read More »
Beginning Oct. 19, the city’s Department of Planning will hold a series of public meetings on a draft of the city’s new zoning code. The last time such changes were made, Johnny U was lofting TD passes for the Baltimore ...
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NEW YORK — Amazon’s Kindle Fire is a Catch-22 for retailers: The $199 tablet computer could both help Christmas traffic and hurt future sales. Retailers hope the Kindle Fire’s low price tag — which is less than half that of ...Read More »
MINNEAPOLIS — Best Buy Co. said Tuesday its fiscal second-quarter net income fell 30 percent as consumers hit the pause button on buying electronics, particularly TVs and smart phones, while fears about the global economy persist. Results missed expectations and ...Read More »
The shelves will once again be stocked in the grocery at Fairgrounds Plaza in Timonium as a new ShopRite moves in next week. The 57,000-square-foot anchor in the plaza at 37 West Aylesbury Road where the former Super Fresh once ...
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NEW YORK — Best Buy plans to open hundreds of smaller mobile stores and expand online and in China in an effort to be more competitive as consumers increasingly shop online. The largest U.S. electronics retailer plans to shrink square ...Read More »
NEW YORK — With the possible theft of millions of consumer email addresses from an advertising company, several large companies have started warning customers to expect fraudulent emails that try to coax account login information from them. A dozen companies ...Read More »