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Editorial Results (free)
1. Best Buy Reports Third-Quarter Loss
- Wednesday, November 21, 2012
NEW YORK (AP) – Struggling Best Buy Co. reported another dismal quarter on Tuesday, recording a third quarter loss and continued sales slump just as the crucial holiday season revs up.
2. Retailers Bank on Kindle Fire for Holidays
- Tuesday, October 04, 2011
NEW YORK (AP) – Amazon's Kindle Fire is a Catch-22 for retailers: The $199 tablet computer could both help Christmas traffic and hurt future sales.
Retailers hope the Kindle Fire's low price tag – which is less than half that of Apple's cheapest iPad tablet – will attract shoppers to stores during the busy holiday season. But the device, which offers free shipping and other incentives for customers to shop at Amazon, ultimately could drive sales to their online nemesis.