All orders placed from February will now be delivered in August
The retailer's shares, which have gained over 17% this year, rose 2.6% in premarket trading.
With US consumers bolstered by wage gains and higher employment, holiday sales will grow 3.6 percent, National Retail Federation predicts. Last year's growth was a modest 3.2 percent, short of the federation's 3.7-percent growth forecast.
The five-year old online retailer's gains may allow it to win over more customers who prize convenience and experience over cost savings, while taking advantage of its Alibaba relationship to help American retailers sell to China's still-growing middle class.
Holiday weekend shoppers came into these and other stores armed with lists, and they often left with exactly the items they intended to buy - and not much else.
The Dow briefly rose above 16,000 but failed to close above that level for the second day. The S&P 500 retreated further from the 1,800 level it hit on Monday.
Apple's stock may be sliding as investors fret about growing competition, but store visits and interviews with smartphone and tablet shoppers in 10 cities around the world suggest consumers share little of that negativity.
Best Buy Co Inc's chief financial officer, James Muehlbauer, is leaving the embattled retailer after more than a decade, the company said on Tuesday.
EBay Inc is testing a same-day delivery service with big retailers including Target Corp , Best Buy Co and Toys "R" Us Inc , as the world's largest online marketplace steps up competition with rival Amazon.com Inc .
When Research in Motion had introduced their BlackBerry PlayBook last year, they had made the tablet available ...
One of the front runners in the business back in the day, Best Buy now seems to be scrambling for visibility amidst ..
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Aashish Tater, head of research at Fort Share Broking picked out his favorite stocks today on CNBC-TV18. He chose Linc Pens and Videocon as multibagger ideas for today. Check out his comments on the stocks.
While China's growing market has become a major profit center for brands like Intel and Nike, an unusually high number of global brands have failed to live up to expectations in the world's second largest economy.
Reports over the past months have made it clear that PlayBook, RIM's ambitious step at tablets did not quite perform the way ...
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Amazon.com Inc said on Monday it saw a surge in sales of its Kindle devices, helped by its new Kindle Fire tablet, ...
U.S. stocks edged higher on Tuesday as investors bought shares beaten down in recent weeks despite uncertainties about euro zone sovereign debt and the economy.
Big box retailer Best Buy has slashed up to USD 150 off the US price tag for Research In Motion's PlayBook tablet computer for the Labor Day weekend.
HP launches new all-in-one, post TouchPad fiasco
Research In Motion's long-awaited tablet, the BlackBerry PlayBook, will go on sale in the United States and Canada on April 19 at a base price of USD 499.