Best Buy’s moves meet with investor skepticism

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description:  Best Buy Co., the largest U.S. electronics chain, swung to a fourth-quarter loss, hurt by charges and lower sales of notebook computers and televisions.

Source: Marketwatch.com

Date: 03/30/2012

Link:  http://www.marketwatch.com/story/best-buy-swings-to-loss-to-shut-50-stores-2012-03-29?siteid=nwtwk

Questions for discussion:

  • Summarize the reasons for Best Buy’s financial problems.
  • Do you think they can be resolved easily?

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