Following Best Buy’s announcement that it would shutter 50 retail locations as part of an effort to cut costs, one market research firm said it believes the decline of big-box consumer electronics retailers in the United States and Europe will continue.

With the new iPad having only recently released in the middle of last month, there will surely be a few blank home screens crying out for an injection of apps, and with the deals Best Buy is currently running on iTunes credit, now could just be the best time to fill in those empty spaces. Continue reading this article at RedmondPie.com

. We are all familiar with the intricacies of the Best Buy inventory system’s loose lips

Reader Alexander Wright dropped us a line this afternoon to point out that Best Buy is now selling all variants of the iPad 2 for $50 off the usual list price . Given that the Apple-authorized big box electronics retailer usually sticks to the regular pricing, this is a bit atypical.

During the Consumer Electronics Show in Las Vegas, Best Buy announced that it will reorganize part of its business to focus on sales of connected devices such as tablets, smartphones and computers. Best Buy has created a new retail “connectivity business group,” Forbes

Apple may be planning to open retail stores inside as many as 25 Target locations, according to recent rumors.

Best Buy on Friday reported weaker than expected revenue for the five weeks ended December 31st, 2011. The company noted $8.4 billion in revenue, which was flat compared to the same period last year but included a comparable store sales decline of 1.2%. The company’s international segment generated $1.9 billion in revenue, a 1.7% decrease and a 4.3% drop off in store sales

As noted by RazorianFly , Siri can now help users retrieve the best deals for consumer electronics and gadgets sold at Best Buy. How does she handle this, you might ask? Well, Siri gets some of its answers from the acclaimed answer-engine Wolfram|Alpha.