Best Buy’s giving its new CEO $32M — more than twice what it made last quarter

Best Buy CEO Hubert Joly is getting a pretty penny for shacking up with the slumping electronics retailer.

With stock at a 9-year low, Best Buy should seriously consider going private

Electronics retail chain Best Buy reported dismal results in its fiscal 2013 Q2 earnings report today, with profits taking a 91 percent nose dive.

Best Buy hires hotel chief as new CEO in attempt to rescue its fading business

Best Buy's new CEO Hubert Joly likely knows more about running your local T.G.I Friday's than your technology retailer. But Best Buy says he's the right fit.

Top retailers band to form MCX, a potential dark horse in mobile payments

Brand name retailers such as Wal-Mart and Target have formed a new company called Merchant Customer Exchange to release a mobile wallet application for customers.

Best Buy founder wants to take the electronics chain private

Best Buy founder Richard Schulze wants to take the electronics retail store chain private, according to a letter sent to shareholders today.

Are you Chromebook curious? Google to put Chromebooks in Best Buy retail stores

Google is bringing its line of Chrome OS-powered Chromebooks to brick-and-mortar retail stores, the company announced today during its Google I/O developers event in San Francisco.

Google first announced that its new line of Chromebooks would be available for pre-order …

Best Buy founder considers plan to take company private

It looks like Best Buy could find itself in the sale aisle.

Best Buy founder and former chairman Richard Schulze is reportedly eyeing a move to sell his 20 percent stake in the company, the Wall Street Journal reports.

But …

Why a 70 degree angle is the key to selling a MacBook

Apple knows the art of seduction. By positioning MacBook screens to perfect viewing angle in its stores, the company is subtly seducing you into laying down a couple thousand dollars to take that sleek gadget home.

Before any Apple-Store lurking …

Best Buy cleans house in aftermath of scandal, sends founder to retirement

It’s not a good week to be the head of a publicly-traded company — if you like playing fast and loose with the rules, that is.

The same weekend that Yahoo CEO Scott Thompson resigned after a false claim on …

MacBook Pro makeover may be in the works, stores sell out of inventory

When stores start posting “out of stock” signs for Apple products, you know that means a product refresh might be in the works. MacBook Pros are starting to run out at designated resellers, adding more fuel to the rumor fire …

Amazon damage: Best Buy CEO Brian Dunn resigns

Best Buy head Brian Dunn has resigned from his position as CEO and director, the company hastily announced today. Director G. Mike Mikan will step in as interim CEO while the company searches for a new CEO.

“There were no …

Mobile startup HyperBees wins seed funding in Android games contest

London-based HyperBees won the Get Discovered Android mobile game contest on Tuesday with a quiz game that will land the startup a funding deal.

The three-person team headed by Tom Mleko (pictured below, second from right) will receive a term …

Apple only sells 2% more iPhones than Best Buy

How important is Best Buy to Apple’s iPhone sales strategy? Possibly more than Apple’s own retail shops, according to a new study from Consumer Intelligence Research Partners.

The research firm surveyed shoppers for a three-month period from December 2011 to …

iPad launch draws fans and protesters across the U.S. (gallery)

Apple’s third-generation iPad drew the expected crowds for its big public debut on Friday. The hubbub started a minute after midnight, when select Best Buy and Walmart locations opened their doors to customers. There were lines at some third-party resellers, …

Happy iPad-launch eve! What you need to know before lining up

On Friday, stores around the world will be opening their doors to crowds of Apple fans, eager to be the first to swipe their frozen, grimy fingers across the glorious new iPad Retina display. The lines aren’t necessary, you can …

More indication that the iPad 3 is coming: Best Buy drops iPad 2 price by $50

National electronics retail chain Best Buy has dropped the price of Apple’s iPad 2 tablet computer by $50 on all models today.

The timing of Best Buy’s sale may be yet another indication that the world’s most valuable company is …

Target’s not honoring its “Buy 2 Get 1 Free” for Vita games, but Best Buy is [update]

Update: As expected, Amazon has matched the Buy 2 Get 1 Free sale for Vita games. The Amazon offer ends on February 25.

Original story: In Target’s latest weekly ad the retail chain revealed a “Buy 2 Get 1 Free” …

Honeywell slaps Nest with patent infringement suit

Smart-thermostat maker Nest is being sued by Honeywell for infringing on seven different patents owned by the technology giant.

“Competition is good and we welcome it, but we will not stand by while competitors, large or small, offer products that …

Best Buy’s Super Bowl commercial highlights mobile tech innovators

Electronics retail company Best Buy decided to forgo the regular celebrity spokesperson for its annual Super Bowl commercial in favor of highlighting mobile technology innovators.

During this year’s Super Bowl game, the company aired a 30-second commercial titled “Phone Innovators. …

Apple and Amazon outrank eBay and Best Buy in holiday mobile satisfaction survey

Consumers shopping from mobile devices over the holidays played a significant role in record online sales. But which retailers won these mobile shoppers over with the best experiences?

Consumers were most satisfied with the shopping experiences on Apple and Amazon …