Best Buy is taking preorders for Steelbook editions of a couple of future Disney releases.
First is a Steelbook of the 4K Ultra HD Blu-ray Disc combo pack of the live-action Aladdin, which just opened in theaters. It has no home release date yet but is listed at $34.99.
Next is a Steelbook of the Signature Collection Blu-ray Disc re-release of 1950’s Cinderella, arriving June 25 at $29.99. The same day Best Buy will also release a Steelbook of a 4K Ultra HD Blu-ray combo pack of director Kenneth Branagh’s 2015 live-action version of Cinderella at $34.99.
Best Buy also has preorders for $34.99 Steelbooks of Fox’s 4K/3D Blu-ray combo pack of Alita: Battle Angel, due July 23, and the 4K Ultra HD Blu-ray of Paramount’s Pet Sematary remake, due July 9.
The Steelbook preorders were among a slew of promotions listed by Best Buy in its weekly ad for what otherwise was a light slate of new releases during the Memorial Day week. Instead of exclusives for any of the May 28 newcomers, Best Buy mostly pushed Blu-ray and DVD catalog titles for notable franchises such as “Star Wars,” (“Stock Up on the Saga”) and “X-Men” (with Dark Phoenix due in theaters June 7.
Christmas is officially over. The post-winter holiday blues hit Best Buy entertainment sales with a thud.
The nation’s largest consumer electronics retail chain May 23 reported a 12.7% drop in same-store entertainment sales to $424 million for the quarter ended May 4. The business unit includes DVD/Blu-ray Disc movies, video game hardware and software, books, music CDs and computer software.
Entertainment sales declined less than 1% to $504 million in the previous-year period.
International entertainment sales dropped 14% to $33 million, compared to an 8.3% decline to $41.8 million in the previous-year period.
Overall, Best Buy upped domestic operating income 24.3% to $332 million from $267 million last year. Revenue upped less than 1% to $8.48 billion from $841 billion.
The largest comparable sales growth drivers were appliances, wearables and tablets.
Domestic ecommerce revenue of $1.31 billion increased 14.5% on a comparable basis primarily due to higher average order values and increased traffic. As a percentage of total domestic revenue, online revenue increased to 15.4% versus an increase to 13.6% last year.
On June 11, CEO Hubert Joly transitions to the newly created position of executive chairman. CFO and strategic transformation officer Corie Barry becomes Best Buy’s fifth CEO and first female chief executive.
Joly appears to relish the transition from day-to-day operations to cushy board oversight.
“I am very proud of the seamless transition we have decided to implement, as it reflects positively on our momentum as well as our focus on executive development and succession planning,” Joly said in a statement.
Each of the big three home entertainment retail chains offered exclusive editions of Warner’s The Lego Movie 2: The Second Part on May 7. Two of them included Lego mini-figures based on the movie.
Target stores had the Blu-ray combo pack with lenticular box art and limited-edition Rex minifigure with Plantimal Ambush for $27.99.
Walmart offered the Blu-ray combo pack with a pack-in Emmet’s ‘Piece’ Offering minifig for $29.96.
Walmart also had a $16.96 single-disc DVD version of the film, as opposed to the widely released DVD special edition that includes deleted scenes, a music video and a behind-the-scenes featurette for just about $1 more. Walmart’s DVD includes just the featurette.
Best Buy, as is typical for the chain, had a Blu-ray/DVD combo pack in Steelbook packaging for $29.99.
Among preorders, Best Buy is offering a 4K Ultra HD Blu-ray Steelbook of Disney’s Dumbo for $34.99.
The afterglow of the theatrical debut of Avengers: Endgame continued to loom large at retail April 30, as retailers continued to tout sales of catalog titles rather than push new titles with exclusive tie-ins.
Unsurprisingly, many of the sales involved previous Marvel Cinematic Universe movies, not to mention countless merchandise tie-ins such as toys, games and shirts.
Best Buy and Target are also taking preorders for their exclusive editions of the upcoming 4K Ultra HD Blu-ray Disc of not just Avengers: Endgame, but also the still-in-theaters Captain Marvel, even as street dates for both have yet to be announced.
Target is taking preorders for both priced at $34.99 and its exclusive is a behind-the-scenes booklet. Avengers: Endgame comes with an Avengers Initiative: A Look Back book, and Captain Marvel comes with a 40-page filmmaker book.
Best Buy is offering Steelbooks priced at $34.99 for the 4K Ultra HD Blu-ray of each title.
Best Buy is also touting preorders for Steelbooks for Warner’s May 7 release of The Lego Movie 2: The Second Part Blu-ray/DVD combo at $29.99, and Universal’s May 21 release of How to Train Your Dragon: The Hidden World 4K Ultra HD Blu-ray at $37.99.
Other catalog sales offered at Best Buy include Blu-rays starting at $14.99, including a “May the 4th Be With You” promotion for recent “Star Wars” movies in a variety of formats.
Another Best Buy ad encouraged fans to “Have a Superhero Party” with a variety of MCU movies, including 4K UHD Blu-rays for $24.99 each, and the recently released Steelbooks for Captain America: The Winter Soldier and Captain America: Civil War for $34.99 each.
In the digital realm, Best Buy offered $25 Showtime gift cards for $22.50 for fans to stream Showtime series.
Target held a $15 movie sale, including Marvel Blu-rays.
Other discounts at Target included DVDs of the final season of “The Last Ship” for $19.99 (a $3 savings), season one of “Krypton” for $14.99 (a $5 savings), and season 11 of “The Big Bang Theory” for $20 (a $9.99 savings).
The shipping delivery war took another turn after Walmart went to social media to hint it would match Amazon’s decision to switch from free two-day shipping for Prime members to one-day deliveries.
“One-day free shipping … without a membership fee. Now THAT would be groundbreaking. Stay tuned,” Walmart tweeted April 26 the day after Amazon disclosed it would spend upwards of $800 million upgrading internal and external shipping capacity for one-day shipments.
Amazon charges $119 annually for its Prime membership, which includes free access to movies and TV shows on Amazon Prime Video, music on Prime Music and two-hour delivery (for a fee) for Prime Now store deliveries, among other features.
Amazon’s announcement had a ripple effect on retail stocks, sending Walmart and Target shares down 1.9% and 5.7%, respectively, in April 26 trading.
The switch is expected to put added pressure on big box retailers such as Best Buy, Office Depot and Dick’s Sporting Goods, among others.
With just a few modest new releases hitting the market April 23, retailers focused more on clearing inventory than pushing exclusives.
Best Buy used its weekly ad circular to promote Marvel movies on Blu-ray for fans to watch to prepare for the April 26 theatrical release of Avengers: Endgame. To that end, Best Buy had exclusive Steelbook editions of the newly released 4K Ultra HD Blu-ray editions of Captain America: The Winter Soldier and Captain America: Civil War, at $34.99 each.
Best Buy is also taking preorders for a Steelbook 4K UHD Blu-ray of Jordan Peele’s Us.
Target didn’t bother to include a movie section in its weekly circular, though it was selling Stephen King movies on DVD for $4.50.
The big three retailers offered exclusive editions for several of the titles released April 16.
For Universal’s Glass, Target offered a $27.99 Blu-ray combo pack with box art by Alex Ross and Steelbook packaging.
Best Buy, which is typically known for Steelbook exclusives, instead offered the 4K Ultra HD Blu-ray combo pack of Glass with special slipcover art and three art cards of the main characters from the film.
Walmart’s exclusive was a triple-feature Blu-ray of M. Night Shyamalan’s “Eastrail 177 Trilogy,” grouping Glass with predecessors Unbreakable and Split, for $29.96. Eastrail 177 is the name of the train that derails in the first film, Unbreakable.
Target had another Steelbook edition during the week, in the form of Warner’s Justice League vs. The Fatal Five Blu-ray combo pack.
Best Buy offered the 4K Ultra HD Blu-ray of the animated superhero film with a pack-in Star Boy fiture for $33.99.
A third title to arrive during the week with retail exclusive editions was Funimation’s Dragon Ball Super: Broly — The Movie. Best Buy had a Steelbook edition of the Blu-ray for $27.99, while Walmart had lenticular box art for $19.96.