Tag Archives: best buy

iPad ‘cannibalising’ laptop sales

Best Buy’s CEO has hinted that Apple’s iPad is taking market share from laptops. In an interview with the Wall Street Journal, Brian Dunn said that the retailers internal estimates suggested that iPad had cannibalized sales from laptop PCs by as much as 50 per cent.” The revelations come as …

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US: Best Buy rolls out pre-owned

Big-box American retailer Best Buy is to roll out its pre-owned games offer to 600 stores across the US this Sunday (August 29th), it has confirmed. The retailer signalled its intention to make the move in June. To begin with consumers will be able to trade-in their titles for in-store …

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Marc Spence to leave Best Buy UK

Best Buy’s entertainment boss Marc Spence will leave the electronics retailer on Friday, August 27th. Spence oversaw the launch of Best Buy in Europe and developed the firm’s entertainment departments – which included large video game demonstration areas and a pre-owned range. During his UK retail career, Spence has worked …

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Best Buy appoints new COO

Best Buy Europe has appointed Carphone Warehouse CEO Andrew Harrison as its new chief operating officer. Scott Wheway, CEO of Best Buy Europe, said: ”Andrew has been instrumental in driving The Carphone Warehouse over the last 15 years and is a leading authority in connectivity technology. He has consistently proven …

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Best Buy commits to pre-owned

Big box retail specialist Best Buy is to take the commitment it has shown to pre-owned games in the UK and roll-out a second hand games offer to all of its US stores from the end of the summer. As a result, shares in rival games specialist GameStop fell over …

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OPINION: Best Buy means business

Best Buy’s arrival in the UK comes at an ideal moment. The UK’s market value is in the gutter – albeit temporarily – driven down by a mix of a weak release schedule, post-recession caution, a lack of new hardware and the distraction of an election. Games’ heartland UK retailer …

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Best Buy UK: ‘We can beat anyone in games’

Best Buy says its games offering can compete with anything HMV and GAME has to offer. The chain’s first UK shop is based in Thurrock, Essex and has been opened early for the Bank Holiday weekend. Best Buy Thurrock boasts a huge area dedicated to games – complete with new …

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Best Buy UK reveals ‘Games Room’

Best Buy’s Thurrock store will feature an ‘Ultimate Games Experience’ room when it opens next month. The games area will feature HD TVs, 5.1 surround sound as well as Wii, Xbox 360, PS3 and PC formats. The room is sponsored by Virgin Media and follows research conducted by Best Buy, …

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Best Buy dates UK invasion

Best Buy will finally enter the UK this May with a new store in Thurrock, Essex. The US retail giant was originally due to open in the UK last year, but delayed the openings to wait for better sites. Further Best Buy stores will open in Hedge End (Southampton) and …

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Best Buy posts 24.5% profit rise

Electronic retailer Best Buy has announced a 24.5 per cent increase in gross profit of $12.2bn for its fiscal year ending February 27. The retailer posted gross revenue for the year at $49.7bn – a ten per cent increase on last year’s figure. Online sales were also up 20 per …

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