Best Buy founder Richard Schulze failed to make a bid to acquire control of the company, and negotiations for Schulze to return to the board of directors also collapsed.
Updated: March 01, 2013, - 10:03 AM
Some investors wonder if Best Buy's last-minute decision to push its earnings announcement back a day means an offer by founder Richard Schulze is imminent.
Updated: February 27, 2013, - 08:41 PM
The move is part of an effort to eliminate $150 million in costs as part of CEO Hubert Joly’s “Renew Blue” strategy to boost sales and lower expenses.
Updated: February 27, 2013, - 08:12 AM
After months of high-stakes negotiating and maneuvering, Best Buy founder Richard Schulze must choose his best play.
Updated: February 24, 2013, - 11:59 AM
Best Buy Co.’s stock price has surged 40 percent over the past two months, raising expectations that the electronics giant is gaining momentum and possibly complicating its founder’s efforts to buy it.
Updated: February 20, 2013, - 09:42 AM
Minnesota is one of only 10 states that don't tax clothing, a policy that is celebrated by local businesses that compete on price and shoppers who want the most for their dollar.
Updated: February 17, 2013, - 06:45 AM
Thousands of Canadians already are quite fond of the Minneapolis-based retailer. And that will be a huge advantage for Target as it embarks on its first major push outside the United States.
Updated: February 16, 2013, - 06:32 AM
New Chief Marketing Officer Jeff Jones is infusing pop culture, including collaborations with singer Justin Timberlake for his latest album.
Updated: February 12, 2013, - 01:00 PM
Super Bowl ad needed more focus on Best Buy’s product expertise, two ad experts argued.
Updated: February 05, 2013, - 09:19 AM