best buy

10 Jun: In Environmental Awards Season, Green is the New Black

In environmental awards season, we don’t talk about who wore it best, but who’s doing the right thing for the planet and society. Along with many of our peers, Best Buy has earned time in the spotlight from several noteworthy organizations this spring.

Best Buy placed 27^th on the 2016 Newsweek Green Rankings of the top 500 U.S. companies. Up eight spots overall from last year, we retained the second spot among U.S. retailers and first among specialty retailers. Based on research from Corporate Knights Capital and HIP (Human Impact + Profit) Investor Inc.,

By Best Buy Company News PR News Alerts

07 Jun: What to get Dad? Let’s ask him

A generation or two ago, dads were portrayed on TV and in movies as wise but a little distant. They wanted the best for their families, but they also wanted a little peace and quiet!

How times have changed. Dads still want the best for their families. But now they also want things to keep the family entertained, with things like TVs and cool speakers for their home theaters.

Best Buy surveyed dads to find out what gifts they’d really like to receive this Father’s Day.

By Katie Huggins Company News

03 Jun: Tech Out Your Patio with These Outdoor Gadgets

It’s full-on patio season, that time of year when grills are fired up and people are soaking up the sun. Cue the sunscreen, summer tunes and monthly (or weekly?!) backyard barbecues.

While cooking with fire is about as old-school as you can get, people are always looking for new-school ways to enjoy their time outdoors. That includes technology.

There are plenty of high-tech products to amp up your al fresco gatherings. Here are some cool gadgets that we think are turning up the heat on outdoor fun.

By Kevin Flanagan Community Relations Company News PR News Alerts Sustainability

02 Jun: Applications for Best Buy Community Grants Are Now Being Accepted

It’s critical for teens to develop tech skills that will set them up for future career success. That’s why, once a year, the Best Buy Foundation provides grants to local nonprofits, schools and libraries to support hands-on, experiential tech education programs for underserved teens in communities where we do business.

Well, that time of year is here. We’re now accepting applications for Best Buy Community Grants.

If you’re an organization that has a proven track record of helping underserved teens gain 21^st-century tech skills during out-of-school hours, now is the time to apply.

By Best Buy Company News PR News Alerts

01 Jun: Hoverboards Are Rolling Into Best Buy Stores

For the first time, hoverboards – or “self-balancing scooters” – are coming to U.S. Best Buy stores and BestBuy.com.

Swagway’s Swagtron hoverboards, the T1 and T3, will start to hit shelves in June. Pre-orders are available now on BestBuy.com.

Swagway is one of the first hoverboard brands to apply the new government-mandated UL 2272 safety certification mark. That means the devices have passed a level of safety standards verified by UL, an independent safety science company.

Hoverboards were all the buzz last year, but there were reports of safety concerns, including reports of the gadgets starting on fire.

By Best Buy Company News

27 May: High-Tech Appliances Are Here to Help

We’ve all been there. You’re standing at the grocery store, wondering if you need milk. How about eggs? You don’t buy any, only to get home and realize you needed both.

If only you could have a way to check what’s in the fridge while you’re standing in the store aisle. Well, today’s technology-enabled appliances can help with just that.

Take the Samsung Family Hub refrigerator, for instance. It has three built-in cameras that give you an inside view when you open an app on your smartphone.

By Best Buy Company News PR News Alerts

24 May: Best Buy Announces Internal Succession Plan for Company’s Chief Administrative and Chief Financial Officer

CAO and CFO Sharon McCollam to step down at conclusion of company’s annual shareholder meeting in June

Current Chief Strategic Growth Officer to assume CFO role

MINNEAPOLIS, May 24, 2016 — As part of an internal succession plan, Best Buy today announced that Sharon McCollam, the company’s chief administrative and chief financial officer, will be stepping down on June 14, 2016. McCollam will remain with the company in an advisory capacity until the end of the fiscal year, January 28, 2017, to ensure a seamless transition.

By Best Buy Company News

24 May: Best Buy Reports Better-Than-Expected First Quarter Results

GAAP Diluted EPS of $0.69

Non-GAAP Diluted EPS Increased 19% to $0.44

Domestic Segment Comparable Sales Essentially Flat

MINNEAPOLIS, May 24, 2016 — Best Buy Co., Inc. (NYSE: BBY) today announced results for the first quarter ended April 30, 2016 (“Q1 FY17”), as compared to the first quarter ended May 2, 2015 (“Q1 FY16”). The company reported GAAP diluted earnings from continuing operations of $0.69, an increase from $0.10 in Q1 FY16. Non-GAAP diluted earnings per share from continuing operations were $0.44, an increase of 19% from $0.37 in Q1 FY16.

By John Vomhof Jr. Company News

23 May: You Have a Fitness Tracker. Does Your Dog Need One, Too?

Pack on a few extra pounds over the winter? Chances are Fido did, too.

More than half of all dogs and cats in the United States are overweight, according to a recent survey by the Association for Pet Obesity Prevention (APOP). Even more alarming, 28 percent of cats and 18 percent of dogs are now classified as clinically obese, meaning they are at least 30 percent above ideal weight.

This obesity epidemic is keeping our furry, four-legged friends from living longer, healthier, better lives.

By Best Buy Company News

20 May: Grads Make Top Gift Picks, and Caffeine is No. 1

This year, an estimated 3.3 million seniors will graduate from high school, and many will head to college come fall. Odds are pretty good that you’ll be making the rounds of grad parties with gift in hand sometime soon.

Americans spent nearly $4.8 billion on graduation gifts in 2015, with the average present costing $100 or more. No doubt you’ll want to give that special grad something he or she will appreciate and put to good use.

But what?

To help you, Best Buy went straight to the source, asking more than 500 high school grads what they want and what they’ll use these gifts for.

By Best Buy Company News

17 May: Here’s the Tech Couples Want This Wedding Season

We’re in wedding season, folks. An average of 2.4 million nuptial ceremonies are performed in the U.S. each year, with 44,230 taking place each weekend.

That’s a lot of vows, cake and chicken dances.

For many couples, it’s crunch time to knock out their to-dos before the “I Dos.” That means finalizing attendee lists, setting menus, communicating with vendors and filling out wedding registries.

When it comes to the registry, modern couples are ditching the candlesticks and china for blenders and cameras.

By Best Buy Company News

16 May: Customers Try Oculus Rift for the First Time: ‘It’s Incredible to See’

Last week, Aaron Neuhouser climbed the steep face of a Himalayan mountain for an incredible view — and he did so without ever taking his feet off the ground or leaving the United States.

You see, Aaron wasn’t actually on a mountain. He was virtually on a mountain.

Aaron was at the Best Buy store at Mall of America in Bloomington, Minnesota, where he had an opportunity to experience the highly anticipated Oculus Rift virtual reality headset for the first time.

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