Similar Stories to Best Buy Sales Disappoint; To Close Stores, Cut Jobs on Bing News

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:
  • The 3 Best Restaurant Stocks to Buy in May 2024
    InvestorPlace - Stock Market News, Stock Advice & Trading Tips The recent Fed meeting has boosted consumer confidence in an expected rate cut ...
    05/7/2024 - 11:00 pm | View Link
  • Wednesday’s analyst upgrades and downgrades
    Mr. Tse was one of two analysts to upgrade the Markham, Ont.-based company, which helps mortgage lenders and other businesses manage functions such as appraisals and title searches, a day after its ...
    05/7/2024 - 10:43 pm | View Link
  • Popular mall store files for bankruptcy, plans to close all 540 stores nationwide
    rue21, a fashion retailer with more than 500 stores announced it will be closing all its locations. This file photo from Nov. 18, 2021, shows a rue21 store at Capital City Mall in Lower Allen Township ...
    05/4/2024 - 4:19 am | View Link
  • Rue21, a mall staple, files for bankruptcy and will close all of its stores
    Rue21's 45 U.S. stores will close within the next 4 to 6 weeks and "going out of business" sales are beginning soon.
    05/3/2024 - 12:58 pm | View Link
  • Popular clothing retailer files for bankruptcy, will close all 500+ stores
    Rue21, a specialty fashion retailer of apparel and accessories, has filed for Chapter 11 bankruptcy and will close all of its stores. The Allegheny County-based clothing retailer filed for bankruptcy ...
    05/3/2024 - 6:04 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