Best Buy Co. Inc. reported Tuesday that its first-quarter profit fell 15 percent - even as Circuit City, a key competitor, closed the last of its stores - because recession-weary shoppers were still limiting big-ticket purchases. ...more

June 17, 2009

About a month ago, Best Buy Co. told customers they could start bringing back old electronics to the nearest store for recycling. ...more

March 23, 2009

Best Buy is among a growing club of retail stores offering to take back old products, partly for good publicity, partly to drive more foot traffic into stores in a down economy. Some stores even offer gift cards and perks for customers who bring in old stuff. ...more

March 19, 2009

Best Buy Trimming Corporate Jobs Best Buy Co. said Thursday that 250 workers at its corporate headquarters in suburban Minneapolis would lose their current jobs as the electronics chain pares its work force, though most might get new positions with the company. ...more

February 20, 2009

Circuit City Stores Inc. said Friday it is in talks with two parties that could buy the company or provide additional financing for it to stay in business. ...more

January 10, 2009

Best Buy Co., the nation's largest consumer electronics chain, narrowed its fiscal 2009 adjusted earnings forecast Friday and said it will take an approximately $60 million fourth-quarter charge related to some employee buyouts. ...more

January 10, 2009

Just a couple of weeks after the close of holiday spending, Wall Street is starting to forecast the financial carnage that retail stores will likely report soon. ...more

January 6, 2009

Economic cycles are Darwinian, picking off weak companies and leaving survivors stronger. ...more

December 20, 2008

Americans have slammed their wallets shut since the financial meltdown, and the future is looking downright scary for stores across the country and the whole U.S. economy. ...more

November 15, 2008

NEW YORK (AP) — A disheartened Wall Street fell for the third straight session Wednesday as investors absorbed another series of dismal corporate reports and news that the government won't buy banks' soured mortgage assets after all. The Dow Jones industrials fell 400 points, and all the major indexes dropped more than 4 percent. ...more

November 12, 2008