All Best Buy articles – Page 3
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OpinionComment: Retailers should not rest on their laurels
One of the key challenges facing any retailer today is how to keep track, and ideally stay ahead of, shoppers and a retail landscape that seem to change at an ever-faster pace.
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AnalysisInternational analysis: Best Buy and Target venture signals full merger potential
In what could be seen as a step towards to a potential merger, mass merchant Target has partnered with Best Buy for its consumer electronics expertise.
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News
Richard Schulze in bid to purchase Best Buy
Best Buy founder Richard Schulze is vying to buy the electronics giant in a $9bn (£5.8bn) deal.Schulze, who was ousted as chairman in June, already owns 20% of the retailer and is looking to team up with private equity firms to buy the remainder.Schulze’s financial adviser Credit Suisse said it ...
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NewsBest Buy founder aims to buy back retailer in £5.8bn deal
Best Buy founder Richard Schulze is vying to buy the electronics giant in a $9bn (£5.8bn) deal.
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NewsHMV appoints Ian Kenyon as group finance director
HMV has appointed former Best Buy Europe chief financial officer Ian Kenyon as its group finance director.
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NewsComet: Asserting itself in electricals market
The electricals retailer is emphasising its value proposition to reassert itself in the market.
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News
Best Buy to relaunch Best Buy Mobile brand in China
US retailer Best Buy is to relaunch its Best Buy Mobile brand in China, more than a year after closing all of its stores.The company plans to sell mobiles through its retail subsidiary Five Star.A spokesperson said the target audience will be white-collar workers with disposable income.
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News£34m payout for former Best Buy boss
Carphone Warehouse chief executive Roger Taylor is set to take home £34m in cash and shares despite the failure of US electricals retailer Best Buy in the UK, the launch of which he oversaw.
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News
Best Buy to increase staff training levels
Electronics retailer Best Buy plans to increase the levels of training given to its sales associates and Geek Squad technology experts this summer.The retailer hopes to increase sales in its stores by combatting ‘showrooming’ – where customers browse items in stores then purchase online – by increasing the level of ...
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OpinionJohn Lewis and the electricals market: Do all boats float on the same tide?
One of the minor miracles in UK retailing this year has been the astonishing performance of electricals sales in John Lewis department stores, with growth of 32% over the last 20 weeks.
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OpinionThe unpredictable world of retail
Retail can sometimes be pretty predictable. Significant events such as market entries or exits, new launches or promotions, or changes to trading performance are often flagged up in advance.
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NewsAmerican Golf hires former Best Buy man Kevin Styles
American Golf has hired former Habitat and Best Buy director Kevin Styles as its new chief executive.
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News
Best Buy founder and chairman Richard Schulze to step down
Best Buy founder and chairman Richard Schulze is to step down after an internal investigation found he failed to alert the board that chief executive Brian Dunn was having an affair with a female employee. The probe found that Schulze “acted inappropriately” by not telling the retailer’s audit committee when ...
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NewsBest Buy chairman to step down after CEO's affair scandal
Best Buy founder and chairman Richard Schulze is to step down after an internal investigation found he failed to alert the board that its chief executive was having an affair with a female employee.
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News
Best Buy chief marketing officer resigns
Consumer electronics specialist Best Buy has disclosed that chief marketing officer Barry Judge has resigned. Judge held the position since 2008 and is “leaving the company to explore the next chapter in his career”, Best Buy spokesman Greg Hitt said.The retailer declined to say who will replace Judge, stating that ...
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AnalysisDixons: A tale of two Europes
Dixons’ trading statement showed divergent trends across Europe but the electricals giant looks well palced for the future.
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NewsDixons profits to come in at top of range
Profits at electricals group Dixons are expected to come in at the top end of expectations and the retailer’s new financial year has begun strongly.
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News
Best Buy chief executive resigns
The chief executive of US electricals giant Best Buy has resigned after the retailer’s recent poor performance. Best Buy said it was a mutual decision for Brian Dunn to step down and it was “time for new leadership to address the challenges that face the company”. The retailer has struggled ...
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AnalysisBest Buy rethinks big-box strategy as it records a loss
On March 29, US-based electronics specialist Best Buy reported staggeringly poor profits for its 2011 financial year.
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News
Best Buy to lauch Perfect Match Promise
Best Buy is to launch its Perfect Match Promise, which consolidates the electricals retailer’s service offerings.The initiative dubbed ‘30.30.30’ in that customers get 30-day free phone support to get a product up and running, 30 days to return with no restocking fees and 30 days of competitor price matching.Senior vice-president ...