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Best Buy Founder to Step Down in Wake of Inquiry

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.

When the Devices Are Done

Companies offer a myriad of ways consumers can recycle their old electronics.
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Best Buy Killing Connect, Its Mobile Broadband Service, Leaving 11,000 Customers up for Grabs

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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Best Buy Details Store Closings

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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Best Buy Probes CEO Relationship

Best Buy Co.’s investigation into the personal conduct of former Chief Executive Brian Dunn is exploring whether he misused company assets in the course of an alleged relationship with a female subordinate, people familiar with the matter said.

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Best Buy Cites “Personal Conduct” for CEO Resignation

Best Buy Co. Chief Executive Brian Dunn resigned abruptly Tuesday amid what the company described as a board probe into his “personal conduct.”

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Best Buy CEO Resigns, Shares Jump

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.

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Best Buy to Close 50 Stores, Cut Costs

Best Buy Co. is beginning to acknowledge that its big-box business model, which dominated electronics retailing for much of the past two decades, is no longer working.

Best Buy Is Selling Nearly as Many iPhones as Apple Itself

Apple’s move to make Best Buy an outlet for the iPhone back in 2008 is proving a wise one.
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News Byte

New iPad Will Be Available at Best Buy, Radio Shack, Sam’s Club, Target, and Walmart on Friday

Consumers hoping to purchase one of Apple’s new iPads on launch day take note: Lining up outside your local Apple Store for its 8 am opening isn’t your only option. There are a few other locations that may be worth camping outside of: Apple said today that the new iPad will also be available at Best Buy, Radio Shack, Sam’s Club, Target and Walmart, as well as AT&T and Verizon stores.

Apps for Last-Minute Holiday Shoppers