Richard Schulze, founder of Best Buy Co., may abandon a buyout bid and instead line up investors to take a minority position in the electronics retailer, Reuters reported. Schulze informed the Best Buy board in August that he was interested......
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Report: Founder of Best Buy May Give Up on Takeover Bid
February 15, 2013
From Chain Store Age
Richard Schulze, founder of Best Buy Co., may abandon a buyout bid and instead line up investors to take a minority position in the electronics retailer, Reuters reported. Schulze informed the Best Buy board in August that he was interested...
Retailers Must Think Outside the Box to Beat Showrooming
February 13, 2013
From Forbes
Make no mistake, showrooming is crushing brick-and-mortar, increasingly pushing in-store sales online, where they're almost always inevitably cheaper. With online retail spend growing 16 percent last year, and retailers like Best Buy and Target recently creating Amazon.com price-matching policies, there's no denying the trend.
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