NEW YORK (Reuters) - Best Buy's move to exit Europe has many on Wall Street hoping the big box retailer does the same in China. Full story
Best Buy is looking to exit Europe, selling its stake in its joint venture there to partner Carphone Warehouse Group PLC in a cash-and-stock deal valued at 500 million pounds (about $775 million). Full story
NEW YORK/LONDON (Reuters) - U.S. retailer Best Buy Co Inc <BBY.N> retreated from its ill-fated European expansion on Tuesday by selling its stake in a joint venture to Carphone Warehouse Group <CPW.L> for less than half what it paid five years ago. Full story
NEW YORK (Reuters) - U.S. retailer Best Buy Co Inc <BBY.N> is selling its 50 percent stake in a joint venture with Europe's biggest independent mobile phone retailer Carphone Warehouse Group PLC <CPW.L> back to its European partner for about 500 million pounds (or $775 million). Full story
Best Buy and Samsung Electronics launched the first Samsung Experience Shop in New York City today, reports CNBC's Courtney Reagan.
Discussing the battle Best Buy faces, with Michael Pachter, Wedbush Securities and Anthony Chukumba, BB&T Capital Markets. "I don't think [Best Buy] is going to turn its ship around," says Pachter.
Debating a bull and bear case for Best Buy, with the FMHR traders. And, Gemma Godfrey has the play on big moves for the yen and Japanese stocks.
Samsung is opening 1,400 Experience shops within Best Buy stores, reports CNBC's Josh Lipton. That led Best Buy to a new 52-week high. JC Penney was up today, as well, but Teradata, Netflix and Google all took a hit on the day.
A look at Best Buy's new floor plan, which includes a "Samsung Store," with CNBC's Courtney Reagan.
Customers walk past a Best Buy logo on the opening day of China's first Best Buy outlet in Shanghai December 28, 2006. REUTERS/Aly Song
Customers walk past a Best Buy logo on the opening day of China's first Best Buy outlet in Shanghai in this December 28, 2006 file photo. Best Buy's move to exit Europe has many on Wall Street hoping the big box retailer does the same in China. To match Analysis BESTBUY-CHINA/ REUTERS/Aly Song/File
A Best Buy logo is see at the company's store during Black Friday in San Francisco, California, November 23, 2012. REUTERS/Stephen Lam
A Google sign is seen at a Best Buy electronics store in this photo illustration in Encinitas, California April 11, 2013. REUTERS/Mike Blake