Breakingviews

Best Buy bid looks about as shaky as its target

August 6, 2012

Richard Schulze, the U.S. electronics chain’s founder, wants to take it private for up to $8.8 bln. His 20 pct Best Buy stake adds credence to the offer, but financing and backers remain elusive. And given where it’s based, going hostile for the embattled retailer could be tough.

Is Wal-Mart pulling a Circuit City on Best Buy?

December 14, 2010

Is Wal-Mart pulling a Circuit City on Best Buy? Two years ago, the mega-retailer's electronics push helped send Circuit City into bankruptcy and eventual liquidation. Best Buy thrived for a time on its rival's misfortunes. But its own falling same-store sales suggest it may be the next weak link in the retail food chain.