Best Buy Founder and former Chairman Richard Schulze is not expected to present a buyout offer for the struggling chain, but I still believe that the company may explore a private buyout option. I discuss why in the latest edition of Retail Rap. Without question, Best Buy is facing some significant challenges. But, that’s been […]
Best Buy
Best Bye?
The financial trouble of electronics retailer Best Buy has been widely covered (by myself included!), so it was no surprise when the company announced they would be closing stores. What did come as a surprise was the announcement that they plan to open 100 Best Buy Mobile stores. In the latest edition of Retail Rap, […]
Big Names – Small(er) Stores
Many retailers are downsizing their operations and squeezing into buildings with less square footage that feature more effective store plans. In this week’s Retail Rap column, I discuss this trend, how different retailers are implementing it and how I see it effecting both the companies looking to make changes and consumers who shop at these […]
Best Buy 3Q Results
Best Buy’s 3Q results came out Tuesday morning. I was pleasantly surprised to see their results were higher ($0.35/share) than Wall Street’s estimation ($0.24/share). I had the opportunity to discuss Best Buy and their earnings on Tuesday morning’s Money for Breakfast. We all thought the numbers were good. However, I found in later reports, many […]
