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Bestbuy Store News

Five things Best Buy can do to turn things around - Minneapolis Star Tribune

2012-05-19
Retail consultant Burt Flickinger says Best Buy should hire more women, especially at the store level. For example, Best Buy beefed up store staffs to sell more televisions leading up to the Super Bowl. But the retailer failed to exploit the ...

Continued: One man's force of will built a retailing empire - Minneapolis Star Tribune

2012-05-19
Schultz began to rethink his strategy. In 1983, he opened a superstore in Burnsville under the Best Buy name. This was a time when consumers were shopping for TVs and stereos at department stores, such as Sears, Dayton's or Montgomery Ward ...

Best Buy Chairman steps down after CEO probe - Yahoo Finance

2012-05-19
Customers have all but abandoned buying at so-called "big box" stores like Best Buy. Best Buy reported in March that it widened its net loss to $1.7 billion, and the company announced a major restructuring. That included closing some of its big ...

Best Buy's Tech it Away program aims to recycle more than 150,000 pounds of E-waste - Marketwatch

2012-05-16
Best Buy Canada is hosting Tech it Away events on Saturday, May 26 at Best Buy store locations in Vancouver, Calgary and Toronto -- One-day event aims to recycle more than 150,000 pounds of E-waste -- Contests held at each location for the ...

May 13 - 19, 2012: This week's best DVD and Blu-ray deals at Best Buy - Examiner

2012-05-13
There are always many sales each week. One of the best things is Best Buy stores will price match its own online store and local competitors' prices and you can get a price adjustment within 30 days of purchase; if you are a Reward Zone Premier Silver ...

Nathan Field: Tough times for store owners in the internet age - New Zealand Herald

2012-05-14
Retailers need to accept the landscape has changed, writes Nathan Field. On a recent US holiday, my wife and I found ourselves hunting for an Apple power cable in a Best Buy store (think of an aircraft hangar-sized Dick Smith). When a sales assistant led ...

Chairman of Best Buy Resigns After an Internal Audit - New York Times

2012-05-15
Recently, Best Buy has struggled with how to make its fleet of giant stores relevant as online competition has increased, and Mr. Schulze has advised it. But the company lost $1.23 billion for its 2012 fiscal year, which ended March 3 ...

Best Buy and Cooking.com launch website - Baltimore Sun

2012-05-18
Need a new paella pan or a souffle dish? Best Buy Co.and Cooking.com have teamed up to launch an online store for cooks. The Best Buy Kitchen Shop, a microsite that will be run by Cooking.com, will offer more than 3,000 cookware and kitchen ...

4 Steps To Saving Best Buy's Long Term Outlook - Yahoo Finance

2012-05-18
Best Buy has traditionally had a growth mindset, but this has to change. Best Buy has higher occupancy cost (and other store-related expenses) than most of its brick-and-mortar competitors because of the size of its big box stores. When ...

Best Buy’s Schulze to Step Down as Chairman After Probe - Bloomberg

2012-05-14
Schulze helped start Best Buy as a single store with three employees in 1966. Dunn was hired as a salesman at one of the company’s stores in 1985 and went on to become a store manager, a regional manager and regional vice president.