Best Buy
Retail
Best Buy in Talks with Chinese E-Commerce Partner
U.S. consumer electronics retailer Best Buy Co. Inc. is in talks with a Chinese e-commerce company over a potential acquisition or joint venture, as it looks to attract the country’s growing army of internet shoppers, the Beijing Times reported...
Retail
Retailers Risk Losing Share To Amazon -Analyst
From Target Corp. (TGT) and Kohl's Corp. (KSS) to Best Buy Co. (BBY) and Bed Bath & Beyond Inc. (BBBY), retailers are facing increased risk of losing share to online retailer Amazon.com Inc. (AMZN), a study showed Monday. In...
Retail
Ikea aiming to spread its influence across China
It's been a big two weeks for Ikea's Chinese operations, with the opening of a massive new store in Shanghai - its second-largest outlet in the world - and the announcement that the Swedish retail giant plans to continue...
Retail
Best Buy to downsize brick-and-mortar footprint
Amid weak sales and growing online competition, Best Buy plans to sublease space at its stores to smaller retailers, joining the ranks of big-box giants that are shrinking store sizes.When it comes to retailing, big is not so beautiful...
Retail
Best Buy gives big boxes the boot
Best Buy has put its "big box" strategy under review worldwide, with management braced for considerable shrinkage.The US retailer set up shop in the UK last year - it has ten megastores with another on the way in Enfield...
Retail
Tesco misses UK sales forecasts, overseas better
Tesco, the world's No.3 retailer, missed forecasts with a second consecutive quarterly fall in underlying sales in its main UK market, as rising prices and government cutbacks hit shoppers.The supermarket group said on Tuesday sales at British stores open...
Retail
Best Buy Europe strategy under review
Best Buy is poised to put its European expansion plans on hold, a move that could raise questions over its commitment to electricals retailing in the UK.Best Buy Europe is unlikely to make a final decision by the time...
Retail
Best Buy learns from the voice of the customer
Finding out what consumers are saying on the internet about its products and performance has helped electronics retailer Best Buy to act to improve its customer experience.It has used findings from text analytics software to put in place improvements...
Retail
Wal-Mart Loses Two Top Executives in China
Wal-Mart Stores Inc. has lost two of its top executives in China, potentially complicating the retail giant's expansion in a key growth market where other foreign companies have also faced challenges recently.Roland Lawrence, Wal-Mart's chief financial officer for China,...
Retail
American retail chains look north
Canadians should expect to see more of their familiar store brands disappear over the next few years as American chains continue to look north. But increased competition means consumers will be the winners, says a report.“Foreign retailers will look...
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Digital Icon : Rakesh Bali
Rakesh Bali is at the helm of brand marketing, communications, events, and sustainability-related marcom initiatives for the petrochemicals segment...
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