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
Manager of Accounting
The Vitamin Shoppe
North Bergen, New Jersey
Senior Manager Merchandising Asia China Implementation GBP
Walmart
Bentonville, Arkansas
Regional HR Manager
DAVIDsTEA
Boston, Massachusetts
Manager, Media Relations - National
Macy's
New York, New York
WebSphere Commerce Center eCommerce Developer
The Kroger Company
Blue Ash, Ohio