Content about Best Buy Europe

October 30, 2014

Specialty retailer Tile Shop announced a senior leadership transition involving long time CEO Robert Rucker and current COO Chris Homeister.

Specialty retailer Tile Shop announced a senior leadership transition involving long time CEO Robert Rucker and current COO Chris Homeister.

The company said Homeister, a former Best Buy merchant who joined Minneapolis-based Tile Shop a year ago, would be elevated to the role of CEO effective Jan. 1. He replaces current CEO Robert Rucker who founded the company 29 years ago. Rucker will remain with the company on a full time basis until Aug. 1, 2015 as an advisor and board member.

April 30, 2013

Best Buy is leaving the European market. The company is selling its stake in a joint European venture with U.K.-based consumer electronics retailer Carphone Warehouse Group PLC for cash and stock worth about $775 million USD.

MINNEAPOLIS — Best Buy is leaving the European market. The company is selling its stake in a joint European venture with U.K.-based consumer electronics retailer Carphone Warehouse Group PLC for cash and stock worth about $775 million USD.
 
Best Buy Co. will also pay Carphone 29 million pounds (about $45 million) related to existing agreements that will be terminated when the deal closes. The U.S. retailer also said that it will incur an approximately $200 million asset impairment charge related to the stake sale.
 

March 21, 2013

Music retailer, Guitar Center, has announced that Mike Pratt has been appointed CEO and a member of the company's board of directors effective April 1.

WESTLAKE VILLAGE, Calif. — Music retailer, Guitar Center, has announced that Mike Pratt has been appointed CEO and a member of the company's board of directors effective April 1. Pratt succeeds Marty Hanaka, the company's Interim CEO, who will remain on the board and assist in the transition.

September 17, 2012

Brad Anderson was named to the board of LightHaus, a provider of shopper insights based on video analytics.

Brad Anderson was named to the board of LightHaus, a provider of shopper insights based on video analytics.

November 7, 2011

MINNEAPOLIS — Best Buy Co. said Monday it is buying out its joint venture partner, Carphone Warehouse Group PLC, in its fast-growing North American mobile business for $1.34 billion. As part of the reorganization of its relationship with the U.S. consumer electronics giant, Carphone Warehouse will shutter the 11 pilot big-box Best Buy stores it opened last year in the United Kingdom.