How will Best Buy's holiday sales affect Schulze's buyout bid?

01/10/2013 | Bloomberg · Wall Street Journal, The

Best Buy reported a better-than-expected 1.4% decline in same-store sales for the holiday season, potentially good news for Richard Schulze. The company's founder postponed his buyout bid until February, and stronger sales results may help him bring in the investors he needs to acquire the chain, analysts say. "While it will be a journey with ups and downs, we are focused on becoming an increasingly effective multichannel retailer," said Best Buy CEO Hubert Joly.

View Full Article in:

Bloomberg · Wall Street Journal, The

Published in Brief:

SmartBrief Job Listings for Retail

Job Title Company Location
Staff Accountant-General Accounting
Total Wine & More
Potomac, Maryland
Branch Manager
Crescent Electric Supply Co.
Cedar Rapids, IA
Customer Service Operations Director
Orchard Brands
Warren, Pennsylvania
Forecast Analyst
Belk
Charlotte, North Carolina
Store Initiatives Manager Job
Ross Stores, INC
Dublin, California