Microsoft and Best Buy partner to create ‘store-within-a-store’ (video)

Microsoft and Best Buy partner to create 'storewithinastore'

While Microsoft has long had its own retail chain, the success of those string of retail outlets has been occasionally debated -- just like the dancing moves of its employees. Still, the company has continually pledged to continue their roll-out and, today, that effort got a major boost. Microsoft and Best Buy are partnering to launch over 600 instances of a "store-within-a-store," 1,500 to 2,200 square-foot installations within BBY's big boxes that will host Microsoft specialists to "create a superior customer experience at scale." The first stores open today in some markets, with the rest opening by September. This includes 500 through the US and a further 105 in Canada (some in Best Buy, some in Future Shop). Can the Geek Squad cadets buck up and handle these new responsibilities? Stay tuned to find out.

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Source: Windows Experience Blog

Best Buy founder ever closer to finalizing company buyout bid

Best Buy founder ever closer to finalizing company buyout bidBest Buy founder Richard Schulze may have stepped down as chairman of the board, but he's certainly not out. His plan to buy the turbulent company has reached the next step -- an agreement which pre-empts the formal offer. Schulze now has access to all the private numbers he'll need to put together an investor group within the 60-day timeframe. And, if this round is unsuccessful, it'll be next January before another bid can go to the Board of Directors, followed by direct shareholder offers if the second attempt fails. Given that Schulze owns 20 percent of Best Buy, he gets two seats-worth of voting power as long as he sticks to the agreed process. So, with a new CEO taking the reigns in September and the acquisition machinery in top gear, is there fresh hope for the big box retailer?

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Best Buy founder ever closer to finalizing company buyout bid originally appeared on Engadget on Mon, 27 Aug 2012 13:01:00 EDT. Please see our terms for use of feeds.

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