NEW YORK, April 3- Retailer Best Buy Co is offering a 30 percent discount on its current stock of Apple iPad 3 tablets in the United States, a spokeswoman for the world's largest consumer electronics chain said on Wednesday.
NEW YORK, April 3- Retailer Best Buy Co is offering a 30 percent discount on all Apple on its current stock of iPad 3 tablets, a spokeswoman for the world's largest consumer electronics chain said on Wednesday. Retailers typically slash prices on products in the lead-up to a major launch of a new iPad or iPhone as a way of clearing old inventory, analysts have said.
*Reports 2012 net profit of 4.14 billion roubles. MOSCOW, March 27- Russian home electronics retailer M.Video on Wednesday posted a 23 percent rise in 2012 net profit thanks to higher sales. Net profit rose to 4.14 billion roubles last year from 3.37 billion roubles in 2011..
MOSCOW, March 27- Russian home electronics retailer M.Video reported on Wednesday a 23 percent rise in 2012 net profit thanks to higher sales. Net profit increased to 4.14 billion roubles from 3.37 billion roubles in 2011, the company said in a statement.
March 25- Best Buy Co Inc founder Richard Schulze, who left the board last year and later failed in his effort to take the company private, will rejoin the retailer as chairman emeritus and add two of his former colleagues to the board.
March 25- Best Buy Co Inc founder Richard Schulze, who left the board last year and later failed in his effort to take the company private, will rejoin the retailer as chairman emeritus and add two of his former colleagues to the board.
*Best Buy to give Schulze upto $2.125 mln for help with business plan. March 25- Best Buy Co Inc founder Richard Schulze, who left the board last year and later failed in his effort to take the company private, will rejoin the retailer as chairman emeritus and add two of his former colleagues to the board.
NEW YORK, Feb 26- Best Buy Co Inc has cut about 400 jobs at its Richfield, Minnesota, headquarters, a spokesman told Reuters on Tuesday. The retailer, which currently employs about 8,000 people in Minnesota, expects to save about $150 million from the headcount reduction and other cuts in selling, general and administrative costs, spokesman Matt Furman said.
Feb 26- Electronics retailer RadioShack Corp reported lower fourth-quarter sales and said it may have to close stores or sell assets to improve liquidity if business does not pick up by 2014, sending its shares down 6 percent before the bell.
*Fourth-quarter adj. earnings/share $0.04 vs est. loss/share $0.05. Feb 26- Electronics retailer RadioShack Corp said it may have to close stores or sell business units to improve its financial footing if business does not pick up by 2014, although analysts saw some positive signs in a quarter of weak sales.