Best Buy plans to start an online service that allows consumers to buy, rent and download movies and television shows, the electronics retailer said Tuesday.
British entrepreneur James Dyson, who famously brought sex appeal to the lowly household vacuum cleaner, is back with another high-tech invention: but does the world really need a $300 room fan?
Unlike its predecessors, the new portable gaming system from Sony does not run on traditional packaged software. Any game or movie the user wants has to be downloaded — and that leaves retailers out of the loop on the most profitable part of any gaming system.
GameStop executives, who led the call for price reductions on the PlayStation 3 earlier this year, say they were a bit surprised with the timing of Sony’s actions earlier this week. But now that Sony has capitulated, they're expecting Microsoft and Nintendo to react.
The back-to-school shopping season has begun and although spending is expected to decrease in most categories, industry analysts anticipate seeing growth in PCs and consumer electronics.
Sales of new video game software are down 7 percent compared to 2008, according to the NPD Group. But a new study by Nielsen finds that used game sales are at an all time high.
Best Buy has launched a trial program allowing video gamers to trade in their old titles for store credit. The big box retailer is the latest in a string of companies that is exploring ways to tap into the growing used game market, which currently is valued at between $2 billion to $3 billion annually.
Stocks bounded higher Wednesday, with the Dow up about 1 percent, as investors cheered the better-than-expected jump in durable-goods orders and shrugged off a weak new-home-sales report.
It's a testament to the decline of the DVD and the rise of digital distribution that Best Buy, one of the kings of DVD retail, is now launching a digital content platform... Read More
People are understandably cautious about the economy – and their own wallets – as we head into this year’s holiday season, but “value” does not equate only to “lowest price” for most customers, writes Brian Dunn, CEO of Best Buy.... Read More