Best Buy reported a first-quarter loss as it restructured operations, but adjusted results beat expectations. The company is working on a turnaround plan to improve results as it faces tough competition from online retailers and discounters. Here CEO Hubert Joly discusses its efforts to stay competi Full story
Best Buy Co. on Tuesday reported a loss for its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores. Full story
The CEO of Best Buy, turnaround expert Hubert Joly, earned compensation worth $19.6 million in his five months on the job in 2012. Full story
NEW YORK (Reuters) - Prospects of Best Buy Co <BBY.N> going private ended on Friday when the retailer's founder failed to strike a buyout deal with management, leaving the fate of the world's largest consumer electronics chain in the hands of CEO Hubert Joly and his turnaround plan. Full story
Hubert Joly, CEO of Best Buy, offers insight on the company's major overhaul.
In a tightly-controlled call lasting 40 minutes, interim CEO Mike Mikan told investors the firm faces significant challenges, adding that new CEO Hubert Joly is just what the company needs, reports CNBC's Mary Thompson.
Hubert Joly, President and Chief Executive Officer of Carlson, speaks during the 2010 Reuters Travel and Leisure Summit in New York in this file photo taken February 23, 2010. Best Buy Co Inc named French businessman Hubert Joly, former head of travel company Carlson, as chief executive on Monday,
