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.
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.
Aug 10, 2012 JCPenney's sales were down 22 percent last quarter -- blamed in large part on the company's new pricing strategy. What's next for the retailer?
Aug 10, 2012 JCPenney is reporting big losses today. Sales were down almost 22 percent last quarter. That's the second straight quarter of steep declines.
Aug 9, 2012 It's a familiar story -- a small town rallies to protest a national retail outlet. This isn't that story.
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?
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.
Shereen Marisol Meraji
Jul 20, 2012 For some companies, 30 days of fasting and reflection return profits.
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.