MCV/DEVELOP News, events, research and jobs from the games industry
Microsoft has rolled out its experimental $99 Xbox 360 offer to GameStop and Best Buy in the US. The deal, which offers a cut-price console to consumers who sign up to a $14.99 Xbox Live contract for two years – arrived in May but has until now only been available …
Read More »Best Buy chief exec Brian Dunn resigns
Brian Dunn, the chief executive of American retail giant Best Buy, has resigned. The company claims it was a mutual decision based on the fact that it’s time for new leadership to address the challenges that face the company". Last month the retailer revealed plans to close 50 US stores …
Read More »Best Buy losses lead to 50 store closures
Continued profit declines have led US technology retailer Best Buy to close 50 of its big box stores. The chain reported losses of $1.7bn for the three months ended December 31st, 2011 – a staggering decline from the $651m in profits it reports in the same period last year, according …
Read More »Is Best Buy US in trouble too?
At a time when US electronics retail giant Best Buyexits the British market, a Forbesopinion editorialclaims that the firm is "going out of business" even in firm’s home North American market. Forbes contributing writer Larry Downes pointed out that Best Buy has been losing market share in the US market …
Read More »Best Buy quits UK this month
US retail giant Best Buy has confirmed it will close all 11 of it UK stores on January 15th. The company confirmed it would be withdrawing from the UK market back in November, following years of working with the Carphone Warehouse to establish a foothold here. It first store opened …
Read More »Gaikai partners with Ubisoft, Best Buy
Cloud gaming company Gaikai is now providing its demo service to Ubisoft and Best Buy following deals with YouTube, EA and more. The streaming service allows internet users to play games online through their internet browsers without the need for installation or high-end graphics cards. Gaikai now runs this service …
Read More »ANALYSIS: ‘Arrogant’ Best Buy was doomed from the start
It was in May 2008 when the world’s biggest electricals retailer announced its UK invasion. The US giant spotted a gap in the market for its ambitious, big-box, customer service-based business model.With the help of Carphone Warehouse, the company thought it would be able to march onto our shores and …
Read More »Best Buy UK withdrawal confirmed
It’s official – Best Buy as a brand is effectively retreating from Europe, closing all eleven of its UK stores. Simultaneously, Best Buy is buying out Carphone Warehouse in its joint US mobile business for 838 million. A statement today read: A consultation on the closure of its Best Buy …
Read More »Bye-bye for Best Buy UK? Big box chain to close, says report
After a stop-start beginning and growing losses, Best Buy UK’s chain of 11 stores is likely to close says The Sunday Times. But the brand may live on – with Carphone Warehouse stores turned into ‘mini’ Best Buys. A report in the Sunday paper said that parent Carphone could make …
Read More »Best Buy introduces Turtle Beach booths
Consumers can go hands on with Turtle Beach headsets at all 11 Best Buy stores. The X11 and X41 models are available for customers to use. Best Buy is also the first UK retailer to launch an online Turtle Beach shop. Giving all our customers a chance to experience the …
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