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Thursday, 14 April 2011 - Best Buy to open more online, mobile stores |
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    Edition: U.S. Article Comments (0) Technology Google Q1 report to kick off era under new CEO Best Buy to open more online, mobile stores Special report: China seen having cyberspy edge Apple suppliers begin making white iPhones: sources Video game developers group slams Amazon pricing Amazon, labels to meet for locker talks: sources U.S. shuts down massive cyber theft ring Video: Wall Street reading Google CEO Page Follow Reuters Facebook Twitter RSS YouTube Read UPDATE 1-Geithner says Congress will pass debt limit increase 13 Apr 2011 Senate panel slams Goldman in scathing crisis report 13 Apr 2011 Senate panel slams Goldman in scathing crisis report 9:15am EDT Q+A-Risks at each reactor of Japan's stricken plant 6:48am EDT Air strikes hit Tripoli, TV reports casualties | 11:38am EDT Discussed 161 China tells U.S. to quit as human rights judge 141 Reid says Republicans want shutdown to close clinics 117 Obama, Congress struggle to find budget deal Watched South Korean "super gun" packs hi-tech killing power Mon, Feb 14 2011 Chinese porn: coming to you in 3D Wed, Apr 13 2011 X-47B - the future of autonomous aerial warfare Fri, Feb 11 2011 SMALL BUSINESS Do fries go with that app? Worried about how many calories you are going to consume in a serving of fries? A new iPhone application may help. After taking a picture of the meal with the phone, the app gives a calorie read-out almost instantly  Full Article  Caribbean rum maker looks to tap U.S. market Startup targets online vacation rentals Best Buy to open more online, mobile stores Tweet Share this NEW YORK (Reuters) - Best Buy Co Inc laid out a plan to boost its online and mobile businesses, in an attempt to appease investors worried about the retailer losing share to online and discount rivals. The largest U.S. consumer electronics chain,... Email Print Related News Retail sales up modestly; growth forecasts pared Wed, Apr 13 2011 Wal-Mart shrinks electronics space, adds items Tue, Apr 12 2011 EBay raises stake in Turkish site in latest deal Tue, Apr 12 2011 Jobless claims fall, retail sales stronger Thu, Apr 7 2011 WRAPUP 5-U.S. retailers surprise with March sales strength Thu, Apr 7 2011 Analysis & Opinion Think tax time is bad? Try doing estimated taxes GroupPrice targets small business with daily deals Related Topics Technology » Stocks     Greta Barnes (L), 37, and her daughter Marselena, 10, take a look at the Nook eReader as a Best Buy employee gives them a demonstration at a Best Buy store in New York April 18, 2010. Credit: Reuters/Jessica Rinaldi NEW YORK | Thu Apr 14, 2011 9:56am EDT NEW YORK (Reuters) - Best Buy Co Inc laid out a plan to boost its online and mobile businesses, in an attempt to appease investors worried about the retailer losing share to online and discount rivals. The largest U.S. consumer electronics chain, which also backed its fiscal-year profit outlook on Thursday, has been under pressure after it reported three straight quarters of same-store sales declines and forecast a fall in same-store sales in the current quarter, mainly due to its ailing television business. Best Buy said it is now aiming for 600 to 800 Best Buy Mobile stand-alone stores in the United States within five years. The news came after many investors raised concerns about the retailer's huge overhead costs and oversized stores at a time when many shoppers go online to buy gadgets. (Reporting by Dhanya Skariachan, editing by Gerald E. McCormick) Technology Tweet this Share this Link this Digg this Email Reprints   We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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