February 7th, 2012

Keen On… Larry Downes: Why Best Buy Is Going Out Of Business (Not So Gradually)

Sometimes it’s the quiet ones who end up doing the most damage. I always thought of Larry Downes, the co-author of the mega-selling Unleashing the Killer App, as an unusually gentle and wise soul. But this was before Downes unleashed his all-too-critical powers on Best Buy, transforming himself from a cerebral author into a bomb throwing critic of America’s leading consumer electronics retailer. In Why Best Buy is Going out of Business…Gradually, a brilliant article he published at Forbes last month, Downes finally told the truth about the terrible customer service at Best Buy. And the article went viral, of course, amassing close to 3 million page views and even forcing Best Buy CEO, Brian Dunn, to issue a response. → Read More

January 5th, 2012

Is Best Buy Really Finished?

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I was just reading over the excellent (and long) story about Best Buy at Forbes and wondered, in light of today’s B&N announcement to pull the Nook financials out of their sinking brick-and-mortar business, whether stores like Best Buy and media giants like B&N need to exist at all.

First, before we begin, let’s talk about the Forbes’ article’s money shot:

But the numbers only scratch the surface. To discover the real reasons behind the company’s decline, just take this simple test. Walk into one of the company’s retail locations or shop online. And try, really try, not to lose your temper.

→ Read More

December 23rd, 2011

How Best Buy Stole Christmas

best-buy-grinch

“I wouldn’t touch you with a thirty-nine-and-a-half foot pole.”

There’s a bit of inherent risk when shopping online. You’re handing over your credit card to a retailer that promises to ship you something in return. Most of the time transactions are completed without issue and orders are fulfilled as promised. Sometimes things go awry, though. And sometimes Best Buy ruins Christmas.

Best Buy started reaching out to customers earlier this week — you know, mere days before Christmas — that the retailer was unable to fulfill orders placed as far back as November. Big Blue was sorry but they were canceling the affected orders. Happy holidays! Signed, your merry friends at Best Buy! → Read More

November 29th, 2011

The Kindle Fire Bests The iPad At BestBuy.com, Becomes The Retailer’s Best Selling Tablet Online

kindle-fire

Be careful, the Kindle Fire is hot. Burning up you might say. Get it? Because it’s the Fire? Never mind…

Amazon’s first foray into the tablet world seems to be a runaway success. The Fire has occupied the top spot on Amazon’s best sellers list for weeks even prior to the device shipping. Now, at Best Buy, the $199 Fire sits higher the 16GB iPad as the top selling tablet on the retailer’s website. Yep, it’s safe to say that Amazon is well on its way to officially winning the Android tablet wars.

Amazon’s first color tablet had a banner Black Friday weekend. The retail previously stated that it moved four times more Kindles this year than last (although hard numbers were not given). Consumers are seemingly eating up the Fire. → Read More

November 28th, 2011

Best Buy’s Latest TV Ad Reminds Everyone That They Sell Apple Products

best buy

Apple Stores are awesome places to shop. All the latest Apple products are on tables, just waiting to be used and abused. The employees are generally very knowledgeable and they tend to let shoppers wander without pestering (they have an app for that). Oh, and the free tech support at the Genius Bar is, well, genius. The techs don’t try to sell unknowing customers surge protectors or gold-plated USB Monster Cables. Apple Stores are without question retail done right. Then there’s Best Buy. As their latest TV spot reminds, they sell Apple products, too. → Read More

November 22nd, 2011

Remember The Samsung Nexus Prime? Verizon Sure Does

nexusprimebb

It’s the age old tale. Company makes phone. Company codenames phone (sometimes multiple times). Company dabbles back and forth between a couple names before ultimately choosing the wrong one (*cough* HTC ChaCha *cough*). Retailer changes the name of the phone anyway, usually back to the better name (but sometimes to a ridiculously long and uselessly vague name). Happily ever after.

Today the cycle repeats with none other than the holy grail of Android handsets, the Samsung Galaxy Nexus? Or is it Prime? → Read More

November 7th, 2011

Best Buy Acquires IT Services Company mindSHIFT For $167 Million

mindshift

Best Buy this morning announced its acquisition of mindSHIFT Technologies, which provides managed IT, cloud, data center and other professional services to small and mid-sized businesses all across the United States, for $167 million. mindSHIFT is said to serve more than 5,400 clients and 25,000 managed desktops nationwide. → Read More

October 28th, 2011

Best Buy Has 32GB TouchPads For $149, But There’s A Catch

HP-TouchPad-Tablet

Here’s one to file under “completely unexpected” — remember HP’s long-dead TouchPad? Well, apparently it’s got some life it in yet, as Best Buy will be allowing their customers to purchase a 32GB model for $149 so long as they buy an HP computer at the same time.

The deal starts on November 1, and I suspect Best Buy and HP will be hyping it like crazy next week. This whole thing begs a far bigger question though: where the hell are these things coming from? → Read More

October 20th, 2011

Best Buy Launches Appolicious-Powered, Curated Mobile App Directory

appolicious-picture

Social mobile app directory Appolicious is announcing a major new partner today—Best Buy. The consumer electronics retail giant is launching the Best Buy App Discovery Center, an Appolicious-powered mobile app directory designed to make it easier for consumers to locate and find recommended iOS and Android apps.

On the new platform users can search for apps that are organized into more than 1,200 categories, such as “Preschool Early Reading” and “Travel Destinations.” Search also features auto complete, making it easier for consumers to see if the directory has the app they are looking for. All search uses Appolicious’ algorithmic app search based on social, user-generated and editorial signals. → Read More

October 11th, 2011

Best Buy To Offer Full Fleet Of iPhone Models

Screen shot 2011-10-11 at 9.08.44 AM

Best Buy today announced that it will be offering the iPhone 4S, with in-store pre-orders available now and availability beginning October 14.

Just like at Sprint, AT&T, Verizon, and Apple, the iPhone 4S will cost $199 for the 16GB model, $299 for the 32GB model, and $399 for the 64GB model. All three carriers offering the 4S will be represented. → Read More

September 29th, 2011

Best Buy Kicks Off PlayBook Sale, Cuts Prices By $200

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We reported earlier this week that Staples and Office Depot are running sales promotions for the ailing BlackBerry PlayBook, and today another big-box retailer has jumped into the fray. CNET reports that Best Buy has begun to sell all models of the PlayBook with a hefty $200 discount.

That price break brings RIM’s 16GB model down to $299, the 32GB model to $399, and the 64GB model to $499.
→ Read More

August 26th, 2011

HP TouchPads Slated For Return To Best Buy?

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It was widely reported that Best Buy was sitting on over 200,000 TouchPads before HP enacted their drastic price cut, but the fire sale has come and gone, and that would normally be that. Instead, a notice in Best Buy’s Employee Toolkit system shows that their contentious relationship with the TouchPad may not be over just yet. → Read More

August 22nd, 2011

The iPhone 3GS Is Free From Best Buy Today Only

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If you’re one of those folks who doesn’t need the latest and greatest, it may tickle your fancy to know that Best Buy is giving away the iPhone 3GS.

The sale will only last through today, and is only available to customers signing a new two-year contract with AT&T or renewing their contract. → Read More

August 18th, 2011

Just Give ‘Em Away. Buy A Samsung HDTV From Best Buy, Get A Samsung Android Tablet

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Best Buy and Samsung are going to move a few more Galaxy Tabs next week. Starting on Sunday, if you buy a top-tier Samsung 3D HDTV for $1500 or $2000, you’ll also go home with a Samsung Galaxy Tab 10.1. So, in other words, if you buy an over-hyped HDTV, Best Buy is going to unload a GalTab on you. Sounds great for the buyer, but the one-week promotion speaks volumes about the current state of the Android tablet market. → Read More

August 18th, 2011

Citi and Best Buy Launch Mobile Rewards App

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Citi and Best Buy have teamed up to launch a mobile rewards application for iPhone and Android devices. The “Citi ThankYou Rewards” app ties together Best Buy’s inventory systems with Citi’s “ThankYou” Rewards program, a service which allows Citi customers to earn points by using their Citi credit card or performing other banking-related activities.

Now, Citi customers can use the new mobile app to track their rewards points in real time, keep an eye on items they want to buy, and then pay for those items using their earned points. → Read More

July 27th, 2011

Sprint’s Nexus S 4G Gets Final Price Cut: Free At Best Buy, A Penny At Amazon

bestbuynexus

Less than two weeks ago, Sprint cut the price of its Google Nexus S 4G by half to just $99 on-contract. That had me pink in the cheek with barely controlled glee, so you can only imagine my reaction when I saw that both Best Buy and Amazon were offering the device for free (and nearly free).

Best Buy promises all the Google phone you can handle for free as long as you sign on for a two-year contract, while Amazon lists the handset for $.01 (still on-contract). → Read More

July 21st, 2011

Samsung Nexus S for AT&T To Hit Best Buy On July 24th For $99

Nexus S

Well, this is… interesting.

It looks like AT&T customers are finally getting an easy, subsidized way to get a Samsung Nexus S that plays friendly with the right 3G frequencies: beginning on July 24th (with pre-orders going up today), the handset will be going for $99 on a 2-year contract exclusively at Best Buy. → Read More

July 15th, 2011

SupportSpace Lands $12M For Remote Technical Support Services

supportspace

SupportSpace, which helps companies provide remote technical support with a range of customer service solutions and a network of ‘experts’, has raised $12 million in funding from Gemini, BRM and Emergence Capital. The round brings the startup’s total funding raised to nearly $37 million. → Read More

July 5th, 2011

Buy An HTC Flyer From Best Buy, Get The $80 Stylus For Free

The most novel part of the HTC Flyer is the Scribe Digital Pen. But HTC doesn’t bundle the pen with the Android 2.3 tablet. Why? The company clearly wants the tablet to fail. Instead, the stylus costs an additional $80. It seems that Best Buy is ready to right HTC’s wrong by selling the two together. NetbookNews found the bundle (SKU 9999159200050028) but it’s sort of buggy right now. I can’t view the whole product page, but I am able to add it to my cart from the HTC Flyer search page. It’s listed as available online only so it might not hit the brick and mortar stores. What happened is the bundle was probably found before it was officially set, but hopefully, for the HTC Flyer’s sake, the bundle is real. [Best Buy via NetbookNews] → Read More

June 27th, 2011

Macbook Air Sell-Outs Point To Upcoming Refresh

Another day, another sold-out Mac product that points to a refresh. This time Best Buy is the culprit, noting that current MBA notebooks are not shipping from its stores. This usually means that a refresh is coming within the next few days and is most probably a minor upgrade of little interest to the average user but that will piss people off who just bought an MBA in the last week to no end. → Read More

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Media Armor — Received $1.53M in Series A funding from iNovia Capital and Greycroft Partners
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MyAutoZap.com — Company added to CrunchBase
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Greycroft Partners — Invested in Media Armor.
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Cidade Internet — Acquired by Populis.
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Jive Software — Went public with stock symbol NASDAQ:JIVE.
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Cidade Internet — Acquired by Populis.
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LetsBuy.com — Acquired by Flipkart.
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Cocoafish — Acquired by Appcelerator.
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Media Armor — Received $1.53M in Series A funding from iNovia Capital and Greycroft Partners
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GCI Com — Received £10M in Unattributed funding from Business Growth Fund
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Stripe — Received $18M in Unattributed funding from Sequoia Capital
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BoardProspects — Received $650k in Seed funding from Mike Verrochi
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Greycroft Partners — Invested in Media Armor.
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iNovia Capital — Invested in Media Armor.
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TMT Investments — Invested in rollApp.
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Business Growth Fund — Invested in GCI Com.
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Sequoia Capital — Invested in Stripe.
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Jive Software — Went public with stock symbol NASDAQ:JIVE.
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Wupbox account — Product added to CrunchBase
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Pocketbook (Mobile app, coming soon) — Product added to CrunchBase
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