best buy articles

Best Buy names Hubert Joly as new CEO

Best Buy names Hubert Joly as new CEO

Best Buy has announced that Hubert Joly, the former head of hospitality and travel company Carlson, will take over as permanent CEO effective September 2012. Joly will replace interim chief G. Mike Mikan who has held the position since April…
Sony, Samsung start enforcing minimum prices on HDTVs

Sony, Samsung start enforcing minimum prices on HDTVs

Amid declining global sales, Sony and Samsung are instructing US retailers to maintain minimum prices for televisions to increase profitability, according to the Wall Street Journal. The move is expected to help protect profits of both manufacturers as well as retailers such as Best Buy...

Cyber Monday store discount round-up

Cyber Monday store discount round-up

All in all, it's been a busier Black Friday and holiday shopping season start that we've seen in recent years, at least from my perspective. As usual online retailers have followed up with special discounts for Cyber Monday.
Rhapsody acquires Napster, obtains all subscribers

Rhapsody acquires Napster, obtains all subscribers

Rhapsody has acquired music service Napster from Best Buy for an undisclosed sum. The company will obtain all of Napster’s subscribers and certain other assets while the retail electronics giant will be entitled to a minority stake in Rhapsody, says…