Best Buy reports 3rd-quarter loss on restructuring charges, slumping sales

  • Article by: MAE ANDERSON , Associated Press
  • Updated: November 20, 2012 - 5:40 PM
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  • Comments

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  • 1 - 6 of 6
dirtydogsNov. 20, 12 8:27 AM

I may be in the minority but I like Best Buy. They are one of the only places where you can audition products, like TV's, before making a purchase. And there is the downfall. You can find larger ticket items so much cheaper online. With their new price match policy, hopefully it will make them more competitive. I recently purchased an expensive plasma and sure enough, they price matched and made a sale. That policy is critical to their survival.

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markc1Nov. 20, 12 8:32 AM

Watch what happens now, they will give the CEO a raise and lay off a bunch of employees.

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joe_mnNov. 20, 12 8:48 AM

BB profits drop and hormel profits rise? people are buying less shiny junk and buying food?

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drposterNov. 20, 12 8:53 AM

Maybe we can buy some BB signage? Could be retro collectable in 20 years.

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kdj2002Nov. 20, 1210:26 AM

BB is not competitive on price. Beyond a few advertised items they are just plain more expensive. The educated consumer, which there are more of each day, understands this and is buying elsewhere.

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morebonusesNov. 20, 12 4:07 PM

I think they gave the execs more than that. Perhaps they can look for cuts there.

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