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Samsung to open mini-stores inside Best Buy

Best Buy - Star Tribune

Samsung Electronics is giving Apple a run for its money by setting up mini-stores inside 1,400 Best Buy stores in the U.S... The Samsung mini-stores, which will open inside Best Buy locations by the end of June, will showcase smartphones, tablet computers, cameras, laptops and TVs, and will provide customer support similar to the “Genius Bar” at Apple stores, the New York Times reported.


Schulze returns to Best Buy as chairman emeritus

Best Buy Co Inc founder Richard Schulze, who left the board last year and later failed in his effort to take the company private, will rejoin the retailer as chairman emeritus and add two of his former colleagues to the board.


Best Buy Price-Match Gaurantee: A Smart, But Very Late Salvo Against Showrooming

Best Buy's decision to make its price-match guarantee permanent seems an intelligent move. A decision, though, that should've been made quite before now.


Best Buy's U.S. Holiday Sales Come in Flat

Best Buy

Best Buy's holiday sales fell despite a surprisingly resilient showing in the U.S., and the consumer-electronics retailer said its cash flow continues to weaken.


Best Buy reports 3rd-quarter loss

Best Buy

Best Buy Co. reported another dismal quarter on Tuesday, recording a loss in the third quarter, hurt by a continued sales slump and charges related to restructuring. Shares fell more than 11 percent in morning trading to its lowest level in more than a decade.


Best Buy to match some rivals' online pricing

Best Buy said Friday that it has authorized its store staffers to match online prices of competitors in some cases, as it beefs up service offerings as the all-important holiday season kicks off.


Best Buy's founder allowed to pursue buyout

Best Buy

Best Buy Co. Inc. and its founder and former chairman Richard Schulze say they have an agreement that will allow Schulze to pursue his plan to try to buy the nation's largest consumer electronics chain.


Best Buy's Tough Earnings May Lift Schulze's Hopes a Little

Best Buy's worse-than-expected second-quarter earnings may provide ballast for the company's founder and his hope to buy it back. But the results also raise the question of whether the struggling retailer has time to turn itself around, in public or in private.


Best Buy names CEO; founder still eying company

Hubert Joly

U.S. electronics chain Best Buy Co Inc named Hubert Joly, the former head of hospitality and travel company Carlson, as its new chief executive on Monday, hoping to tap the French businessman's acumen in turning around ailing businesses.


Retailers to launch mobile app for payments

A bevy of big-name retailers including Wal-Mart Stores Inc., Best-Buy Co. and Target Corp., are teaming up to create a company that will give customers another way to make purchases: with their cellphones.


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