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Best Buy has posted a 77 percent 3Q profit loss this year and it fears consumer spending will get worse.
As a precautionary measure, Best Buy has begun to offer employee buyouts for corporate employees and cut capital spending by 50%. In 2009, it also plans …

Over two years after its initial release some stores are still having trouble keeping Wii’s in stock. Just the other day Walmart.com said they had “tens of thousands” of them and still sold out within a matter of minutes.
A rumor floating around gadget and …

Today’s deals were not enticing enough for me to do some online shopping, but maybe you had a bit more luck.
Maybe free shipping is the biggest draw to Cyber Monday, but if I can go to a local Wal-Mart or Best Buy and get the …

By now it is no surprise that 155 of Circuit City’s stores are closing and there are markdowns all over the store. But, as reported today by The Consumerist , the stores are being liquidated by the same companies that liquidated CompUSA. Hilco Merchant …

Best Buy purchased ailing music sharing site Napster for almost $127 million.
Why? To boost their digital media capabilities.
When? The deal is set to close by the 4th quarter 2008.
They are even offering a premium on the 47.9 million outstanding shares. Friday September …