News Byte
Tricia Duryee in Commerce on May 23 at 6:59 am PT
Another big-name retail partnership for Palo Alto-based Shopkick, which enables consumers to earn gift cards for visiting stores and scanning products with their mobile phones. As of today, Target becomes Shopkick’s largest customer, following rollouts by retailers including American Eagle Outfitters, Best Buy, Crate & Barrel and Macy’s.
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Miguel Bustillo, Reporter, The Wall Street Journal in News on May 14 at 9:41 am PT
Best Buy Co.’s founder, Richard Schulze, will step down as chairman next month after an internal probe found that he didn’t alert other directors that his handpicked successor as chief executive, Brian Dunn, was allegedly having an inappropriate relationship with a female employee.
Ina Fried in Mobile on April 26 at 11:46 am PT
The retailer is suspending the service as of June 1 and will attempt to transfer customers to other mobile broadband providers, where possible.
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Miguel Bustillo, Reporter, The Wall Street Journal in News on April 15 at 10:22 am PT
Best Buy on Saturday disclosed the 50 large stores it is closing as the struggling electronics retailer tries to shrink its massive footprint of about 1,100 big-box locations in the U.S.
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Steven Russolillo, Reporter, The Wall Street Journal in News on April 10 at 6:50 am PT
Best Buy announced Brian Dunn has resigned as CEO and director. The company said there were no disagreements between Dunn and the company and the decision was a “mutual agreement.” Director Mike Mikan has been named interim CEO.
