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Best Buy signs on as NFL sponsor in U.K.

The SportsBusiness Journal reports the Richfield-based electronics retailer will be behind the promotional events leading up to the game between the Chicago Bears and Tampa Bay Buccaneers at London's Wembley Stadium later this month.
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The SportsBusiness Journal reports the Richfield-based electronics retailer will be behind the promotional events leading up to the game between the Chicago Bears and Tampa Bay Buccaneers at London's Wembley Stadium later this month.

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Related

Best Buy sells Napster

Napster will be merged with Rhapsody -- creating the largest on-demand music service in the U.S. The Richfield-based electronics retailer will receive a minority stake in the company.

Source: Marketing failure sank Best Buy in U.K.

An anonymous executive claims the retailer "got the jitters" and ditched a national TV campaign. But the chief in charge of Best Buy's European operations disputes that.

Best Buy closing all big-box stores in U.K.

The retailer is shutting down all 11 of its big-box stores in the United Kingdom by the end of the year. The company says its rethinking its strategy in Europe after the stores proved to be a drain on its financials. Meanwhile, the retailer also announced that its buying out Carphone's interest in its Best Buy Mobile business as it tries to more fully capitalize on the mobile industry.

Best Buy to hire fewer seasonal workers this year

But that's still 15,000 jobs that need to be filled during the holiday season. The Richfield-based electronics retailer plans to increase its regular workers' hours instead.

Best Buy ending rent-to-own pilot program

Dow Jones reports the Richfield-based electronics retailer is removing the Rent-A-Center kiosks from 13 Chicago locations. Best Buy began testing the program last summer.

Another executive leaving Best Buy as profits slide

Ryan Robinson, who serves as Best Buy's No. 2 finance official and chief financial officer of its U.S. business unit, is joining MedExpress as its new CFO. He's among a growing list of executives departing the troubled Richfield-based electronics giant, including International CFO Dave Deno.

Best Buy buying out Carphone for complete control of Best Buy Mobile

Richfield-based Best Buy will spend about $1.6 billion to take complete control of Best Buy Mobile. Bloomberg reports Best Buy will announce the deal to buy Carphone Warehouse Group's 50 percent share on Monday.

Best Buy will now recycle your old electronics for free

Richfield-based Best Buy is eliminating its $10 recycling fee for old electronics. The free-recycling offer is available at all Best Buy big-box locations. The company says it collected 83 million pounds of electronics last year.