Big-Box Retailers

Best Buy CEO Calls Geek Squad ‘Underutilized Asset’

By Jason Knott · February 28, 2014 • Best Buy CEO Hubert Joly says Geek Squad installation services on one its ‘biggest competitive advantage’ and key to revenue and profit growth.

Coby Electronics Sold: ‘Value Brand’ Doesn’t Equal Success

By Jason Knott · August 29, 2013 • The race to the bottom has claimed at least one casualty as the assets of value brand manufacturer Coby Electronics are sold to restructuring firm Gordon Brothers Group.

Senate Passes Internet Sales Tax

By Jason Knott · May 6, 2013 • Retailers praise the passage of the Marketplace Fairness Act. Similar bill now goes to the U.S. House of Representatives.

Best Buy Canada Closing 15 Stores, Cutting 800 Employees

By Steve Crowe · January 31, 2013 • Best Buy Canada plans to close eight Future Shop stores and seven big-box stores and cut about 800 employees as part of "larger transformational strategy."

Report: Best Buy Buyout Bid Worth $11B

By Jason Knott · October 3, 2012 • Acquisition bid from founder Richard Schulze reportedly values Best Buy at $11 billion.

How Knowledge, Creativity Separate Us from Big Boys

By Jeff Boccaccio · July 10, 2012 • Big-box guys know they'll never have the skills of custom integrators. The only problem-solving technique they have is hardcore performance testing.

Best Buy Founder Schulze Steps Down After CEO Probe

By Steve Crowe · May 14, 2012 • Richard Schulze is stepping down as chairman of Best Buy after he failed to alert the audit committee that former CEO Brian Dunn violated company policy by having a relationship with a female employee.

Best Buy Marketing Exec Barry Judge Resigns

By Steve Crowe · May 3, 2012 • Best Buy chief marketing officer Barry Judge has resigned, marking the third major executive Best Buy has lost since March.

Best Buy, ADT, Vivint Take Different Paths to Success

By Jason Knott · May 1, 2012 • Best Buy’s Geek Squad/Magnolia/AudioVisions couldn’t be more opposite in their approach to ADT and Vivint, but each method succeed.

Let’s Stop Vilifying Best Buy

By Jason Knott · May 1, 2012 • Best Buy's recent financial problems have nothing to do with its installation operations, which analysts say are “highly profitable.” It's time to stop persecuting Best Buy.

CE Pro 100 Tops $1.4B in Sales

By Jason Knott · May 1, 2012 • New mass-market business models converge with traditional integration and custom retail to create a dynamic CE Pro 100.

Sears Scrubology Steals Page from Best Buy’s Playbook

By Jason Knott · April 26, 2012 • Sears launches Scrubology store-within-a-store concept targeting healthcare employees. What other store-within-a-store concepts would you like to see?

Control4 Promos HC-250 Home Controller at 280 Magnolia Stores

By Jason Knott · April 18, 2012 • Control4 debuts new entry-level HC-250 one-room control system at 280 Magnolia in Best Buy stores with a special $50 promotion.

Richard Glikes: Long Live Best Buy

By Steve Crowe · April 11, 2012 • A Best Buy collapse is the last thing the custom installation industry can afford, says Richard Glikes, founder of buying group Azione Unlimited and former executive director of the HTSA.

Best Buy CEO Brian Dunn Resigns

By Steve Crowe · April 10, 2012 • Best Buy CEO Brian Dunn steps down after nearly three years at the helm. Best Buy says it was a mutual decision.

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