Stories Related to Best Buy Sales Disappoint; To Close Stores, Cut Jobs

Best Buy

(Reuters) - Best Buy Co reported weaker-than-expected sales for the key holiday quarter, prompting the world's largest electronics chain to close 50 U.S. stores and cut 400 jobs in corporate and support areas.

RELATED ARTICLES
  • Microsoft Develops Set-Top Box
    Microsoft has been developing designs for a simple set-top device for streaming video and other entertainment options. More
  • Amazon may be working on a smartphone with hologram-like 3D
    Amazon is reportedly developing a smartphone that sports a 3D screen that relies on retina-tracking technology to make images seem to float above the screen like a hologram. With the smartphone, users would be able to navigate through content by using their eyes alone, according to two unnamed people who discussed the phone with the Wall Street Journal. More
  • YouTube launches pay channels with campy flicks
    Roger Corman's campy B movies, children's shows like "Sesame Street" and "Inspector Gadget," and inspirational monologues by celebrities — these are among the 30 channels that will require a paid monthly subscription on YouTube coming soon. More
  • FCC moving forward on speedier in-flight Internet service
    U.S. federal telecommunications regulators are pushing ahead with efforts to bring faster Internet service to commercial and private airline flights. The Federal Communications Commission on Thursday started deliberations on a proposal that would offer a new type of in-flight broadband service promising U.S. More
BING NEWS:
  • Stop & Shop to close 'underperforming stores' across the Northeast
    “Stop & Shop will make some difficult decisions to close select underperforming store locations to help ensure the long-term health and future growth for our business,” said spokesperson Jennifer Barr ...
    06/4/2024 - 5:23 am | View Link
  • Stop & Shop to close underperforming stores
    Stop & Shop announced that it is planning to close certain underperforming stores in the Northeast. The company didn't disclose which locations will be affected or when.
    05/30/2024 - 7:51 am | View Link
  • Stop & Shop to close ‘underperforming’ grocery stores across the Northeast
    Iconic northeast chain Stop & Shop is shuttering an unknown number of stores - leaving communities in the dark if they might lose their local grocery. The chain is closing “select underperforming ...
    05/30/2024 - 4:23 am | View Link
  • Stop & Shop parent company reveals plans to close underperforming stores
    The CEO said Stop & Shop would "focus on the markets that are most important... or has stores that are performing well." ...
    05/28/2024 - 11:51 pm | View Link
  • Memorial Day sales 2024: We found the best deals at Amazon, Walmart, Target and more
    Walmart: Enjoy frozen treats at home with a bestselling Ninja Creami that's on sale for less than it is at Amazon ($149, down from $199), as well as a Ninja Air Fryer for $69 (down from $89) and a ...
    05/26/2024 - 3:29 am | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News