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Erika Morphy
Best Buy, Schulze Lay Out Rules of Engagement
08/28/12 8:54 AM PT | E-Commerce Times | 634 Words

... Best Buy has reached an agreement with its founder and former chairman, Richard Schulze, who owns a fifth of Best Buy's shares. The accord could help facilitate a potential US$8.8 billion buyout of the retailer. As part of the agreement, Schulze will be...

Rachelle Dragani
Best Buy Investors Groan as Buyout Fizzles and New CEO Steps Up
08/21/12 6:00 AM PT | E-Commerce Times | 720 Words

... Best Buy has named Hubert Joly the company's new CEO, the electronics mega-retailer announced Monday. The struggling chain, which faces growing competition from online and discount retailers, said it chose Joly for his expertise in turnaround and growth.

Prior to taking the...

Rachelle Dragani
Ousted Best Buy Founder Rounds Up Posse for Takeover
07/30/12 2:46 PM PT | E-Commerce Times | 717 Words

... Schulze, the founder and ousted chairman of Best Buy , is assembling a team of executives that could help him lead the electronics retail megachain if his attempts to buy back the company are successful, according to a report from Bloomberg. The Best...

Rachelle Dragani
Best Buy or Best Sell? Departing Founder Weighs Options
06/08/12 10:50 AM PT | E-Commerce Times | 780 Words

... Best Buy Founder and Chairman Richard Schulze announced Thursday he is leaving the company immediately and plans to explore all available options for his 20.1 percent ownership stake in the electronics retail chain. His departure comes two months after former CEO Brian Dunn...

Erika Morphy
Weak Q3 May Portend Downhill Slide for Best Buy
12/14/11 8:58 AM PT | E-Commerce Times | 660 Words

... Best Buy's fiscal third-quarter profit fell 29 percent, surprising analysts and retail observers who had been expecting stronger results. For the quarter ended Nov. 26, the electronics retailer posted a profit of US$154 million, or 42 cents a share. In the same...

Jeff Meisner
Best Buy Kiosks Aim to Snag Customers on the Fly
08/11/08 11:53 AM PT | E-Commerce Times | 601 Words

... electronics retailing giant Best Buy is coming to an airport near you. With 965 stores in the U.S. alone, Best Buy is already one of the most ubiquitous retail chains in America.

Now, the Richfield, Minn.-based company will soon have kiosks peddling...

Erika Morphy
Mad-as-Hell Best Buy Customer Files $54M Lawsuit Over Laptop Loss
02/14/08 11:46 AM PT | CRM Buyer | 1269 Words

... frustrated Best Buy customer has filed a US$54 million lawsuit against the electronics retailer in the Superior Court of the District of Columbia. Her complaint? Best Buy lost the laptop she had brought in for repair; the tech staff was evasive about its...

Keith Regan
Dell Scores Retail Hat Trick With Best Buy Deal
12/06/07 10:56 AM PT | E-Commerce Times | 892 Words

Dell added another big gun to its fast-growing retail arsenal Thursday, saying it would begin selling some of its personal computers at hundreds of Best Buy stores across the U.S. The partnership may come too late to give Dell an immediate boost during the...

Keith Regan
Best Buy Teams With Real, SanDisk on Music Service
10/05/06 1:20 PM PT | E-Commerce Times | 619 Words

... electronics retailer Best Buy said Thursday it would partner with MP3 player maker SanDisk and RealNetworks to create and promote a subscription and buy-to-own music service. The collaboration is the latest effort to dethrone Apple from the top of the digital music market.

Rob Spiegel
Microsoft and Best Buy Join Alliance Frenzy
12/16/99 12:00 AM PT | E-Commerce Times | 390 Words

... the midst of a flurry of co-promotion agreements between retailers and Internet brands, Microsoft (Nasdaq: MSFT) and Best Buy Co.,(NYSE: BBY) announced a strategic alliance today that includes Internet , broadcasting and in-store promotional projects. The agreement will include marketing efforts in Best...

Erika Morphy
Best Buy Plot Thickens
04/12/12 3:25 PM PT | E-Commerce Times | 689 Words

... this week, Best Buy Chief Executive Officer Brian Dunn looked like a poor sap being unceremoniously shown the door after close to 30 years of service to the retailer. His crime? He wasn't quick enough, smart enough, visionary enough -- pick your favorite...

Erika Morphy
Best Buy and CEO Brian Dunn Part Ways
04/11/12 7:00 AM PT | E-Commerce Times | 627 Words

... of Best Buy CEO Brian Dunn's resignation has resulted in some raised eyebrows, to say the least. There were no disagreements, Best Buy said -- the company and Dunn came to a mutual agreement that it was time for new leadership. Director G.

Erika Morphy
Best Buy Cruises for Green With Electric Vehicles
07/06/09 2:43 PM PT | E-Commerce Times | 609 Words

... Best Buy is rolling out a pilot program for a new product category: electronic bicycles, scooters and Segways . The company has announced it will be selling these vehicles in 20 stores in Washington, Oregon and California, with electric motorcycles to join the...

Jeff Meisner
Best Buy Paints Glum Picture for '09
11/12/08 11:48 AM PT | E-Commerce Times | 544 Words

... two days after regional consumer electronics chain Circuit City declared bankruptcy, Best Buy has slashed its earnings forecast for the upcoming holiday season and much of 2009. The retail giant forecast fiscal 2009 earnings of about US$2.30 to $2.90 per share, down from...

Erika Morphy
Best Buy Clears a Spot on Its Shelf for iPhone
08/13/08 11:44 AM PT | TechNewsWorld | 517 Words

... retailer Best Buy will begin stocking the iPhone 3G this September, giving the device shelf space both in the Mac section of the store as well as in Best Buy Mobile. Best Buy will sell the phone at the suggested retail price of...

Katherine Noyes
Best Buy's $20 Ubuntu: Good or Bad for Linux?
07/14/08 4:00 AM PT | LinuxInsider | 1043 Words

... every once in a while something slips by the notice of even the best journalistic organization, and such appears to have been the case on a broad scale recently regarding the sale of a certain software package on the shelves of Best Buy ...

First, I was amazed that Dell got into Best Buy , as this would be like Apple suddenly becoming a Windows reseller, and it falls into the "impossible" class of accomplishments. Speaking of impossible, Michael Bay accused Microsoft of funding HD-DVD to ensure the...

Keith Regan
Best Buy Outshines Circuit City in Q4
04/04/07 9:59 AM PT | E-Commerce Times | 853 Words

... Best Buy edged further ahead of rival Circuit City in the battle for consumer electronics and entertainment spending in the fourth quarter, with high-end TVs and other devices helping drive Best Buy's gains and costs associated with a restructuring plan dragging down Circuit...

Keith Regan
Best Buy's Online Pricing Tactics Under Scrutiny
03/07/07 9:14 AM PT | E-Commerce Times | 594 Words

... retailer Best Buy is being investigated for allegedly using two different Web sites to sell merchandise online , including one that may have led to some consumers paying higher prices. The office of Connecticut Attorney General Richard Blumenthal is looking into the alleged...

ECT News Business Desk
Best Buy Pursues Electronic Product Code Supply Chain
09/01/04 9:15 AM PT | CRM Buyer | 442 Words

... Best Buy has announced the rollout of an electronic product code (EPC) strategy designed to increase its supply chain efficiency over the next several years. The company yesterday said it plans to leverage radio frequency identification (RFID) technology to drive the change. RFID...

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