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Best Buy says goodbye to Europe
Stephen Beard Apr 30, 2013
Best Buy is pulling out of a big joint venture in Europe. The company is selling back its 50 percent stake in the mobile phone retailer Carphone Warehouse, at a significant loss.
Samsung takes the floor at Best Buy
Sally Herships Apr 5, 2013
Smartphone maker Samsung announces it's opening a branded store of its own -- inside the big box retailer.
Retailers curb online shopping with in-store deals
Sally Herships Oct 18, 2012
Brick and mortar retailers like Best Buy, Target, and JC Penney, have an idea to compete with online rivals like Amazon. They are going to match their prices during the holiday shopping season.
Best Buy profit falls 90% in second quarter
Stacey Vanek Smith Aug 21, 2012
Shares of Best Buy are down more than 9 percent this morning. The electronics retailer just reported second quarter profits dropped more than 90 percent.
Best Buy brings in a new CEO
Scott Tong Aug 20, 2012
Struggling electronics retailer Best Buy has named a new chief executive: Frenchman Hubert Joly will likely take the helm in early September.
Best Buy's founder wants to return as savior
Bob Moon Aug 6, 2012
After resigning as chairman, Best Buy founder Richard Schulze wants to buy the retailer for $8 billion. What will it take to save Best Buy?
Best Buy founder pushing to take company private
Eve Troeh Aug 6, 2012
Richard Schulze already owns about 20 percent of the company, but he wants to buy back the other 80 percent at a cost of almost $9 billion.
After rough year, Best Buy could go private
John Dimsdale Jun 27, 2012
Best Buy, the big electronic warehouse store, may be going private. The store's founder and largest shareholder, Richard Schulze, is reportedly talking to Wall Street banks about a major restructuring of the company.
Best Buy’s CEO steps down abruptly
Stacey Vanek Smith Apr 10, 2012
Best Buy has been losing business to online retailers. CEP Brian Dunn unveiled a turnaround plan, but a few weeks later, he resigned.
Best Buy puts the lid on big boxes
Jennifer Collins Mar 29, 2012
As more shoppers move online, the chain has been caught with too many stores and not enough customers. So, Best Buy will close a slew of its big box stores and open many smaller ones.
