News by Brand
SECAUCUS, NJ / RICHFIELD, MN (March 10, 2010) – Panasonic and Best Buy today continued their commitment to bringing 3D technology into American homes with the world’s first consumer purchase and retail availability of Panasonic’s Full HD 3D1 home entertainment system certified2 under the new Blu-ray DiscTM Association (BDA) 3D standard, sold exclusively at select Best Buy stores via Magnolia Home Theater.
Best Buy Co., Inc. (NYSE:BBY) has made a $200,000 donation to help support both immediate and long-term efforts in response to the January 12 earthquake in the Republic of Haiti.
LAS VEGAS, Jan. 8, 2010 – Best Buy Co., Inc. (NYSE: BBY) today reported from the Consumer Electronics Show that revenue for the fiscal month of December ended Jan. 2, 2010, increased 13 percent to $8.5 billion. The revenue for the five-week period compared with $7.5 billion in revenue for the five-week period ended Jan. 3, 2009. The revenue gain was due primarily to a comparable store sales increase of 8.2 percent, the addition of new stores in the past 12 months and the favorable impact of fluctuations in foreign currency exchange rates.
MINNEAPOLIS, December 17, 2009 – Best Buy Co., Inc. (NYSE: BBY) today announced the appointment of Lisa Caputo to its board of directors, effective December 14, 2009. Caputo, Executive Vice President, Global Marketing and Corporate Affairs for Citigroup Inc., and Chairman and CEO of Citi’s Women & Company, was appointed as a Class 1 director with a term expiring in June 2010.
MINNEAPOLIS, Dec. 15, 2009 -- Best Buy Co., Inc. (NYSE: BBY), a leading retailer of consumer electronics, today reported net earnings of $227 million, or $0.53 per diluted share, for its fiscal third quarter ended on Nov. 28, 2009, compared with $52 million, or $0.13 per diluted share, for the prior year period. Excluding the impact of a non-operating impairment charge incurred in the previous year’s third fiscal quarter, diluted earnings per share increased 51 percent versus the prior year period’s adjusted diluted earnings per share of $0.35.
“I believe the results we announced this morning show that our commitment to customer centricity is paying off,” said Brian Dunn, CEO of Best Buy. “I want to thank our employees for helping us achieve significant earnings growth in the quarter and putting us in a position to deliver a good year in a tough environment. I also want to thank our customers for choosing to shop with Best Buy.”
MINNEAPOLIS, November 19, 2009 – Best Buy (NYSE:BBY), is bringing the excitement of Black Friday a week early this holiday season. Starting today, Best Buy will offer Black Friday pricing on certain models of flat panel televisions as well as other top brand home theater products.
The holidays are a busy time for everyone. We've created this holiday
press kit to assist you with quickly securing the resources needed for
your holiday story. If you need additional assistance to complete your
holiday story - please contact us at 612-292-NEWS (6397) or by e-mail
at newscenter@bestbuy.com.
MINNEAPOLIS, November 11, 2009 – Best Buy (NYSE:BBY) announced today that Robert A. Willett, 63, CEO of Best Buy International, will retire effective Dec. 31, 2009. The company does not plan to name a successor to the specific role of International CEO. Brian J. Dunn, Chief Executive of Best Buy Co., Inc., is working with Willett on a smooth transition. The company has strong local leaders and teams in every country in which it operates and is confident in their abilities. Best Buy’s evolving global growth strategy creates opportunities to approach the work in new ways. The company remains fully committed to its global growth strategy, and it continues to be one of the company’s four strategic priorities.
Minneapolis, MN (November 3, 2009) - Best Buy Co., Inc (NYSE: BBY) and Sonic Solutions (NASDAQ: SNIC) today announced a strategic relationship that will result in a new Best Buy customer offering in its growing line-up of digital entertainment products. The new on-demand movie and entertainment service will be powered by Sonic's Roxio CinemaNow™ and will allow consumers to have access to buy or rent a vast library of premium content.
Second Annual Best Buy Black Friday VIP Contest; Opportunity to Win a $1,000 Gift Card, Early Entry into the Store, Full VIP Treatment on the morning after Thanksgiving.
