All Entertainment articles – Page 113
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News
Best Buy sheds Musicland chain to Sun Capital
US retailer Best Buy has offloaded its Musicland chain to private investment firm Sun Capital Partners. Musicland generates sales of US$1.7 billion (£1 billion), but reported operating losses last year of US$72 million (£42.7 million).
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News
Best Buy out of tune
US electricals group Best Buy is in talks to sell its Musicland entertainments chain. Best Buy bought Musicland 15 months ago, but the business has been hit by falling CD sales and poor shopping mall performances.