About 350,000 shares were sold by Best Buy CEO Joly to pay for divorce but this does not dilute his shareholdings in the company.
Tags: Best Buy
U.S. holiday shopping discounts deepen, last longer
Amarilis Sinchi visited Macy's at a New Jersey mall on Black Friday, but she waited until this week to purchase the red fleece pajamas she had her eye on.
Cyber Monday sales start slow as early discounts hurt
U.S. online sales grew a smaller than expected 8 percent on Cyber Monday after web promotions before and during the Thanksgiving weekend robbed business from what has traditionally been the busiest day of the year for Internet shopping.
U.S. holiday weekend store sales fall on early discounts, online growth
Early holiday promotions and rising online shopping took a toll on in-store U.S. sales during the Thanksgiving weekend as shoppers on average spent 6.4 percent less than they did a year earlier, according to data released Sunday by an industry group.
Rakuten in talks to buy U.S. rebate firm Ebates; shares slide
Japan's largest e-commerce firm Rakuten Inc (4755.T) said it was in talks to buy U.S. rebate site operator Ebates, a deal reportedly worth $950 million and the latest in a long line of overseas acquisitions.
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Best Buy Co's founder Richard Schulze plans to diversify his assets by selling an undisclosed amount of the company's stock.
Best Buy reported increased profits, proving CEO Joly's cost-effective plans successful. Best Buy Co Inc announced Tuesday that the company's first quarterly profit proved CEO Hubert Joly's recovery plan effective.
360pi got a USD4.1 million partnership with Silverton Partners, a Texas-based company. 360pi retail price giant announce publicly that the company has sealed the deal with Silverton Partners, a Texas-based company.
Chromecast quickly sold out in a matter of hours after its announcement. Quickly after Google announced its new product, Chromecast, the company received a large volume of orders.
Best Buy obtains high ratings as well as record share values because of the latest moves done under the aegis of CEO Joly.
Best Buy, in a cost cutting move, has dissolved the partnership with Carphone Warehouse Group. The GBP 500 million or the US$775 million sale is an indicator that Best Buy, the world's biggest consumer electronics chain would be scaling back its operations overseas to focus on US business.
Best Buy (BBY.N) founder Richard Schulze has reached out to some of the retailer's top shareholders and Wall Street analysts, hoping they will press the company.
Talks between struggling retailer Best Buy Co Inc and its founder Richard Schulze over taking the company private have broken down.
Several private equity firms that have been approached to join in a buyout of Best Buy (BBY.N) are sitting on the fence
