Best Practices: 3 Moves That Could Turn Best Buy Around
Best Buy is suffering from falling sales, and it needs a new CEO, but it's not dead yet. Thinking outside the big box, there are ways to get the consumer electronics retailer back on track.
Best Buy is suffering from falling sales, and it needs a new CEO, but it's not dead yet. Thinking outside the big box, there are ways to get the consumer electronics retailer back on track.
The retailer's latest quarter was another disaster. Revenue rose by less than 2% to $12.1 billion. Earnings, adjusted for a one-time restructuring charge, fell to $0.47 a share, well below both last year's figure and analysts' target. Here's why Best Buy's future isn't going to be any easier than its recent past.

