Open Enrollment | Subscribe to Dealerscope HERE
Connect
Follow us on
Advertisement
 
 

5 Ways to Save Best Buy from Extinction

January 3, 2013

Best Buy is in a downward spiral. The company's stock price is down 50% over the last year and key executives have jumped ship. Best Buy's head of digital strategy, Steve Gillett, left recently to join Symantec. The company has given its founder, Richard Schulze, an extended period to put a bid together for the company -- sensing that going private may be its best option.

Whether Best Buy stays public or not, it must define a roadmap for its future. The core business of retailing commodity electronics is broken

...

 

Companies Mentioned:

More Suggested Content:

G. Mike Mikan
Best Buy Loses Two Directors
January 2, 2013 From News
Two members of Best Buy's board of directors, including its former interim CEO, have resigned, the St. Paul Pioneer Press reported.
 
Stephen Gillett
Best Buy's Gillett Leaves For Symantec
December 20, 2012 From News
Best Buy's digital chief, Stephen Gillett, has left the company for a position with Symantec after just nine months.
 

MORE ON RETAILING >>

 

COMMENTS

Click here to leave a comment...
Comment *
Most Recent Comments: