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Best Buy Holds Steady as Consumer Electronics Sink

Wall Street Journal Original article ›

Keywords:


Best Buy performance 2014-2016

01/15/2015

Grouped Articles

Best Buy Outlook Overshadows Holiday Sales Gains

New York Times 01/15/2015

Best Buy Holds Steady as Consumer Electronics Sink

Wall Street Journal 05/22/2015

Best Buy’s Mounting Troubles

WSJ 08/22/2016

Hubert Joly, CEO of Best Buy since August 2012 and the rapid turnaround at Best Buy

04/11/2012

Joly is a graduate of the French Institut Etudes de Politiques and was CEO of Swedish hotel and travel service firm Carlson before joining Best Buy in August 2012. His strategy was to convert shoppers at Best Buy into buyers by making sure they get the best price they can get elsewhere. And to offer them service, convenience and advice. For him it was "shame on us" if the shopper walked out without buying because this was a better deal than he could get anywhere else. To do this he took out costs elsewhere. Best Buy's stock is up about 240% and is one of the best performing stocks of 2013.

Grouped Articles

Underdog Against Amazon, Best Buy Charges Ahead

New York Times 12/13/2013

No One Buys When Best Turns to Worst

Wall Street Journal 01/17/2014

Can Retailers Halt 'Showrooming'?

Wall Street Journal 04/11/2012

Best Buy Won't Fade to Blue

Wall Street Journal 08/26/2014

Best Buy Outlook Overshadows Holiday Sales Gains

New York Times 01/15/2015

Best Buy Holds Steady as Consumer Electronics Sink

Wall Street Journal 05/22/2015


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