Best Buy prepares for the holiday season with more staff hiring
Best Buy has announced that they would hire more people for the upcoming holiday season compared to previous years.
The company said that they need the extra staff to cope-up with the expanding business.
The demise of rival store Circuit City has helped them in [...]
Actus targets Apple and others with a patent lawsuit
Apple is target of yet another patent related lawsuit.
Actus has filed a lawsuit against Apple and several other companies claiming that they are infringing on their patented technologies.
The lawsuit was filed in May this year in the Eastern District of Texas.
In case of Apple, Actus [...]
Circuit City Stores to liquidate as no agreement reached
US based electronics retailer Circuit City Stores has announced that they have failed to reach a deal to sell the company.
Circuit City would now liquidate and shut down their stores in the country.
This is likely to help rivals gain more market share in these tough economic times. [...]
Wal-Mart Stores almost confirmed to sell iPhone in the coming weeks
A Wal-Mart Stores has said that the retailing giant would soon start selling Apple iPhones through their stores.
Apple currently offer the popular smartphone through Best Buy in addition to their own stores and AT&T.
Sources say that the company would launch the iPhone in [...]
Circuit City Stores files for bankruptcy protection
It was bound to happen. Circuit City Stores has now filed for bankruptcy protection.
The company had been struggling and just failed to survive against the competition from companies like Wal-Mart and Best buy.
The company recently said that they would close down 155 stores and fire 17% of their [...]
Speakeasy to offer Symmetric 10 mbps net connection
Best Buy has announced that their Speakeasy broadband unit is offering a new package which offers symmetric speeds of 10 mbps.
This is a good option for businesses who find the low upload speeds on DSL connections disappointing.
Market analysts say that this package is perfect for small businesses that [...]
Best Buy test offers free program for e-waste recycling
US based retailing giant Best Buy has announced the test launch of their free e-waste recycling program.
The trial would include 117 Best Buy stores located in eight states in the USA.
The company said that they would collect discarded electronic equipments like television sets, computers at no charge [...]
Best Buy acquiring 50% stake in Carphone Warehouse
US based retailing giant Best Buy has announced that they are now acquiring a 50 percent stake in Europe’s largest cell phone retailer Carphone Warehouse.
They are paying close to around USD 2.1 billion for this stake.
The deal would give them access to web and direct businesses of The [...]
Retail stores to sell TV converter boxes
National Telecommunications and Information Administration has stated that the retailing stores in the US market would be allowed to sell converter boxes to customers to allow them to watch digital broadcasting using their existing analog television sets.
The government would be issuing two coupons worth $40 each to buy converter [...]
Best Buy to expand mobile store concept
US based retailing giant Best Buy is now planning to expand its mobile store concept at 1,000 sites over the next two years.
This was revealed by their partners in the project Carphone Warehouse.
Best Buy Mobile is currently being tested at 13 stores in New York City. David Sprosty, CEO [...]
