tool name

close
tool goes here

Best Buy works to combat ‘showrooming'

Best Buy’s interim CEO said Thursday that the electronics seller is operating below its full potential but is committed to changing in fundamental ways. Still, he and other executives offered few specifics at the company’s annual meeting, and its shares slipped nearly 4 percent.

Published: June 22, 2012 at 12:05 a.m. PDT
0 comments

Best Buy’s interim CEO said Thursday that the electronics seller is operating below its full potential but is committed to changing in fundamental ways. Still, he and other executives offered few specifics at the company’s annual meeting, and its shares slipped nearly 4 percent.

Best Buy is trying to combat the “showrooming” of its stores, where consumers test out products that they buy cheaper online. The company also is recovering from internal drama. Its CEO abruptly resigned in April during an investigation into his relationship with a female employee.

JOIN THE DISCUSSION | Register here

We welcome comments. Please keep them civil, short and to the point. ALL CAPS, spam, obscene, profane, abusive and off topic comments will be deleted. Repeat offenders will be blocked. Thanks for taking part — and abiding by these simple rules. A thorough explanation of rules of conduct can be found in our Terms of Service. If you have any questions, including why your comment may not be showing immediately after you submit it, be sure to visit the commenting FAQ.

CONTESTS

Similar stories