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Tag Archive: consumer electronics

Mar
27

Best Buy; In the End Comps Rule

bby staff-photo credit theprovince.com

Originally published on Real Money 3/26 If you can’t beat them, join them. After a failed attempt to take Best Buy (BBY) private, founder Richard Schulze was named chairman emeritus. This comes less than one year after Schulze, who holds 20% of the stock, exited as chairman due to withholding information from the board regarding …

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Apr
10

Best Buy:Too bad Ron Johnson spoken for…If JC Penney doesn’t work there is a desk in MN.

Today Brian Dunn, CEO of Best Buy, announced he will leave the company after 28 years. In a recent blog “Note to Best Buy: Sales Rule So Cost Cuts Just Won’t ‘Cut It’” I outlined the continuing headwinds in the brick and mortar CE business (online, online and more online) as well as why going …

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Mar
29

Best Buy; Cost Cuts Just Won’t Cut It

best buy closing stores

Best Buy; Sales Rule; Cost Cuts Just Won’t “Cut it” Best Buy seemed like such a slam-dunk when Circuit City announced it would go belly up and complete liquidating stores in March 2009. At that time, investors were willing to look past dismal monthly CE data as well as the Amazon market share writing on …

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