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Best Buy Beta $199 Pilot Membership Program Has Amazon Prime Feel

Best Buy Beta membership pilot program includes free shipping, free installation on certain products and unlimited Geek Squad tech support.

Jason Knott · April 14, 2021

Best Buy Q4 Revenues Up 12.6%; Cuts 5,000 Jobs

Best Buy announces solid Q4 revenues with home theater as a driver. Total Tech Support program remains strong. Retail store closings on tap.

Jason Knott · February 26, 2021

Best Buy CEO Corie Barry to Keynote Digital CES 2021

CES 2021 all-digital event will feature more than 100 conference sessions, 1,000 exhibitors and a live anchor desk.

Jason Knott · December 15, 2020

Jim Tweten

Longtime Magnolia Exec Jimmy Joe Tweten Dies at 69

Jim Tweten, who grew Magnolia Hi-Fi & Video to 18-store chain, then developed Magnolia Home Theater inside Best Buy, dies.

Jason Knott · November 25, 2020

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Home Theater Helps Drive Best Buy’s 23% Q3 Revenue Growth

Best Buy cites rises in home theater and appliance sales as drivers for its $11.8B Q3 revenues. Online sales rise 174%.

Jason Knott · November 24, 2020

RowOne Partners with Best Buy and Next Level Distribution

Home theater and entertainment seating company RowOne relaunched in February under the new ownership of former director of sales and Marketing Todd Girdis. Out of the gate RowOne came to market with a fulfillment model that delivers in 10 business days or less (Continental U.S.), and includes an optional exclusive Last Mile Service delivering to the residence in […]

Robert Archer · November 03, 2020

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Best Buy Shatters Q2 Sales Expectations

Best Buy total sales rise 5.8% for Q2 to $9.9 billion, with online sales up 242%, driven by home office and home schooling needs.

Jason Knott · August 25, 2020

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Best Buy to Reopen 800 Stores on June 15

Best Buy to reopen 800 stores and rehire 9,000 furloughed employees. Patrons will not need an appointment. Stores will be limited to 25% capacity.

Jason Knott · June 10, 2020

Best Buy Retains 81% of Sales During Pandemic

Best Buy reports a 155% uptick in online sales and retains 81% of sales during last six weeks of Q1, despite stores being closed during pandemic.

Jason Knott · May 21, 2020

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CE Pro 100: Building Dream Teams in 2020

The annual CE Pro 100 list of the highest revenue custom installation companies reports 8.6% growth in 2019, with commercial projects on the rise.

Jason Knott · May 01, 2020