Best Buy | Times Square Investment Journal

Best Buy is overhauling its stores to keep up with online deliveries. Will it be enough to take on Amazon and larger rivals?

by Francisco Velasquez | Dec 29, 2021

By: Fran Velasquez Best Buy Co Inc. (BBY) is merging its in-store shopping experience with delivery as it scrambles to meet the rising demand for online shipping. The Minnesota-based electronics retailer began in March 2020 shifting its brick-and-mortar business...

Best Buy beats Wall Street expectations in latest earnings report, but performance will depend on its recent acquisitions and member based program

by Francisco Velasquez | Dec 12, 2021

By: Francisco Velasquez Best Buy Co Inc. (BBY) reported better than expected third quarter earnings ahead of the holiday season. The electronic retailer is anticipating strong consumer demand, but is expecting supply chain constraints, delays, increased costs and...

Best Buy wants to reduce their physical footprint to focus on delivery. But will it pay off?

by Francisco Velasquez | Nov 21, 2021

By: Francisco Velasquez Best Buy Co. Inc, announced in August that it is scaling down its brick-and-mortar locations, in the hopes it will make its online-retail business more relevant as it competes against e-commerce giants like Amazon. Following pandemic driven...

Best Buy launches a tech-support membership following pilot program

by Francisco Velasquez | Oct 9, 2021

By: Francisco Velasquez Best Buy Co Inc. announced Tuesday that it is launching Totaltech, a tech support membership program. The program will provide unlimited Geek Squad support, 24/7 access to team members for video or chat assistance and free delivery, for $199 a...