BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Best Buy outlines strategy for growth in a tough economy]]>http://www.bloggingstocks.com/2009/04/01/best-buy-outlines-strategy-for-growth-in-a-tough-economy/http://www.bloggingstocks.com/2009/04/01/best-buy-outlines-strategy-for-growth-in-a-tough-economy/http://www.bloggingstocks.com/2009/04/01/best-buy-outlines-strategy-for-growth-in-a-tough-economy/#commentsFiled under: ,

Although consumer electronics retailer Best Buy, Inc. (NYSE: BBY) reported decent results during its latest quarter, the addition of sales from Circuit City's demise may be hiding inside those results. You can't just banish billions in quarterly revenue to nowhere, and when Circuit City folded for good last month, many retailers were still swimming in the sales wake left behind.

Continue reading Best Buy outlines strategy for growth in a tough economy

Best Buy outlines strategy for growth in a tough economy originally appeared on BloggingStocks on Wed, 01 Apr 2009 14:10:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BBYBest BuyBest Buy strategyBestBuyBestBuyStrategyBrian DunnBrianDunnINc.Wed, 01 Apr 2009 14:10:00 EST<![CDATA[Best Buy increases after several upgrades]]>http://www.bloggingstocks.com/2009/03/18/best-buy-bby-increases-after-several-upgrades/http://www.bloggingstocks.com/2009/03/18/best-buy-bby-increases-after-several-upgrades/http://www.bloggingstocks.com/2009/03/18/best-buy-bby-increases-after-several-upgrades/#commentsFiled under: , ,

Best Buy, Inc. (NYSE: BBY) is expected to take possibly 50% of the business that would have gone to former competitor Circuit City, with the other half being distributed among every other large retailer that sells consumer electronics. Due to that market share capture, the largest consumer electronics retailer in the U.S. saw its stock price upgraded more than a few times in recent weeks.

Continue reading Best Buy increases after several upgrades

Best Buy increases after several upgrades originally appeared on BloggingStocks on Wed, 18 Mar 2009 12:55:00 EST. Please see our terms for use of feeds.

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Best Buy, Inc. (NYSE: BBY) has seen its largest rival, Circuit City, go down forever. Now that the competitor is completely gone, a new arch-rival -- Wal-Mart Stores, Inc. (NYSE: WMT) -- wants to step up the competition in a price war that it controls. So Best Buy wants to amp up the competition not with price, but with something more.

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Best Buy fends off Wal-Mart's competitive pricing with more interactiveness originally appeared on BloggingStocks on Tue, 17 Mar 2009 18:30:00 EST. Please see our terms for use of feeds.

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When Best Buy, Inc. (NYSE: BBY) announced that CEO Brad Anderson would retire this summer, the obvious choice to replace him was current COO and President Brian Dunn. After all, Dunn is a Best Buy vet and has had a hand in making Best Buy the top consumer electronics retailer in the U.S. With Anderson and Dunn running the show, Best Buy rose past every competitor and held the larger mass merchants at bay.

The retailer has not had an easy time with the recent consumer spending slowdown, but its fundamentals are very solid and it retains a competitive advantage. Consumers continue spending money at Best Buy, and voting with dollars is a sign of success. Dunn will face one of the hardest times in Best Buy's history since consumers have tightened their collective purse strings. Still, he is the right pick and Best Buy's long-term future continues to be very bright, the current retail malaise not withstanding.

Continue reading With new CEO Best Buy's future looks bright

With new CEO Best Buy's future looks bright originally appeared on BloggingStocks on Wed, 28 Jan 2009 11:45:00 EST. Please see our terms for use of feeds.

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