Summary Box: Stocks end mixed; Best Buy falls
March 29, 2012
| AP
EUROPE DISAPPOINTS: Major European indexes fell across the board, a reminder that the continent still has a long way to go before resolving its debt crisis. In Spain, workers...
Best Buy sales, restructuring disappoint
March 29, 2012
| Reuters
(Reuters) - Best Buy Co reported weaker-than-expected quarterly sales and said it would close 50 large U.S. stores and lay off another 400 employees, disappointing investors...
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Best Buy Co. , Inc. is a specialty retailer of consumer electronics in the United States, accounting for 19% of the market. It also operates in Mexico, Canada, China, Turkey and the United Kingdom. The company's subsidiaries include Geek Squad, CinemaNow, Magnolia Audio Video, Pacific Sales, and, in Canada operates under both the Best Buy and Future Shop label. Together these operate more than 1,150 stores in the United States, Puerto Rico, Canada, China, Mexico, and Turkey. In addition, the company has rolled out over 100 Best Buy Express Automated Retail stores or "ZoomShops", operated by Zoom...
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