No. 1 consumer electronics retailer Best Buy Co. has taken its share of hits recently, including a $1.7 billion fiscal loss and sudden departure of CEO Brian Dunn
, but its market status is sound and growing, an analyst said.
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Bernie's Files Chapter 11
January 15, 2010
Furniture, appliance and consumer electronics retailer Bernie's, Enfield, Conn., has filed for Chapter 11 bankruptcy protection, and will close all 15 of its stores in Connecticut, Massachusetts and Rhode Island, the Torrington Register Citizen reported