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Best Buy Phases Out More Mail-In Rebates

Those pesky mail-in rebates took one step closer to extinction at Best Buy today as the leading consumer electronics retailer announced it had eliminated more than 65 percent of them on computers and computer-related merchandise. This is in step with a two-year plan the company started in April 2005 to phase out mail-in rebates altogether.

Best Buy To Sell Gateway Products

Best Buy will sell Gateway’s MP3 players, LCD (liquid crystal display) TVs and home theater equipment that are left over from the PC maker’s retail stores, which closed in April. Some of the goods will appear online only, while others will also be sold in Best Buy stores, a Gateway representative said.

“This initiative is a first step, but only a first step in exploring our relationship with many retailers,” said Bob Sherbin, a Gateway spokesman. The products are at their end of life, which means Gateway will replace or retire them when the inventory is gone, he added.

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