With an increasing demand for smartphones and its unbelievable growth in U. S. market, Carphone Warehouse, which is known as Europe's biggest independent mobile phone retailer, has finally raised its profit margins for the third time in last six months.

Two U. S. retail majors and one supersized marketplace have not seen business success in China. Electronics retailer Best Buy (BBY) started closing its branded stores across the country Tuesday, just one month after Home Depot (HD), the home-improvement chain shut down its last Beijing outlet.

China loses its Best Buy Co. store as the organization decide to wrap up its namesake store in China, shifting the new U. S. store growth to smaller format rather than those familiar large boxes. The electronic tycoon now aims to shift its capital and allocate it to more profitable ventures.

With the National Retail Federation’s statistics revealing that 96.5 million people shopped Cyber Monday last year, and projecting the number to rise to 107 million this time round, it is being assumed that technology gifts will top this year’s holiday wish lists.

Best buy’s black Friday deals are out. The company is giving away XBOX and PS3 spoftwares and hardwares at cheaper rates. However, the best buy isn’t giving away any deals on games that would attract buyers extensively.

In what is yet another story about the possible resurrection of Google's ill-fated Nexus One handset, a Thursday report on Phandroid revealed that a page published on the Best Buy website indicated that the US electronics retailer will soon offer a "Pure Google" handset called the "Nexus S."

Best Buy CEO Brian Dunn’s recent statement made to the Wall Street Journal, about the Apple iPad having cannibalized the sales of laptops and netbooks by as much as 50 percent, has been widely countered by several analysts who opine that the projected demise of the PC industry at the hands of the iPad has been greatly exaggerated.

After the Best Buy CEO Brian Dunn told The Wall Street Journal (WSJ) on September 14 that the retailer’s internal estimates reveal that the April-launched Apple iPad has cannibalized sales from laptop PCs by “as much as 50 percent”, Best Buy has now evidently retracted the statement, saying that Dunn might have overstated the facts.

As per the Milwaukee Journal Sentinel, Father Luke, who believes that humor and advertisement are two important components in ministering, went ahead with something that in a way did not suit Best Buy well.

Trying to minister his flock of shepherds, father decorated his VW Beetle, colored in black, orange and white and it read ‘God Squad’.

A viral video spoof based on iPhone 4 and HTC EVO 4G has caused a suspension of a 25-year old Best Buy employee.

Brain Maupin, the employee of Best Buy at a branch in Missouri, had posted two YouTube videos in late June, and the first video gained 2 million viewers.