Best Buy boss Brian Dunn has resigned abruptly after the troubled consumer electronics chain launched an internal investigation into his "personal conduct".
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Spotlight On... Brian Dunn; Former chief executive, Best Buy
Wednesday 11 April 2012
Dunn by name...
Morrisons kids' shop takes over leases of 10 Best Buy stores
Friday 27 January 2012
Kiddicare, the online baby products retailer acquired by Morrisons last year for £70m, has bought the 10 shops exited by the electricals retailer Best Buy UK this month.
Best Buy to start shutting stores
Friday 13 January 2012
Best Buy will start closing down its UK stores on Sunday after throwing in the towel in its battle to shake up the UK electronics market.
Morrisons expects tough year after flat festive season
Tuesday 10 January 2012
Morrisons laid bare the extent of subdued trading in the grocery sector yesterday, unveiling festive sales growth below expectations as it warned of another "tough year" ahead. The supermarket boasted of "outperforming" the sector as recently as November, but yesterday said that sales growth was only "in line with the market".
What the Sunday Papers said...
Monday 09 January 2012
The Independent on Sunday: Business leaders expect economy to worsen
Wines of the week: Les Pionniers NV Champagne; Casa Silva Reserva Carmenère 2009; Banfi Mandrielle Sangiovese 2009
Sunday 01 January 2012
Terry Kirby selects the best bottles to buy
TV and electricals shops boosted as price rules are revamped
Friday 23 December 2011
The competition watchdog has given the UK's troubled electricals sector a pre-Christmas boost by unveiling plans to ditch a 13-year-old regulation that prevents suppliers of products such as TVs or washing machines from recommending resale prices to retailers and wholesalers.
Dixons boss says company beat Best Buy fair and square
Friday 25 November 2011
The chief executive of Dixons Retail has launched a scathing attack on the failed launch in this country of the US electricals giant Best Buy.
Best Buy to face multi-million bill for empty UK shops
Sunday 13 November 2011
The US retailer Best Buy and joint venture partner Carphone Warehouse could be saddled with tens of millions of unanticipated costs from the 11 stores it plans to close across the UK.
David Prosser: Comet's new owner is going to need some box of tricks to pull this challenge off
Thursday 10 November 2011
Outlook Best of luck to OpCapita, the new owner of the Comet electricals chain. It is certainly going to need it, for despite having some advantages compared with Kesa, the seller of Comet, this is the worst possible moment to be attempting to rescuea retailer.
Kesa offloads Comet for just £2 to OpCapita
Thursday 10 November 2011
Kesa Electricals has sold Comet to the private investment firm OpCapita for a nominal fee of just £2. But the parent company was forced to pump £50m into the loss-making UK electricals chain and retain its pension liabilities to get rid of Comet.
Kesa Electricals sells struggling 'Comet' for £2
Wednesday 09 November 2011
Struggling electricals chain Comet was today sold for a token £2 after its owner Kesa Electricals called time on the loss-making business.
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