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Best Buy's (BBY) innovation team pushed management to explore opportunities with Amazon only to...

Best Buy's (BBY) innovation team pushed management to explore opportunities with Amazon only to be issued an "edict" of no partnering with the company, according to a new report. Beyond the usual dose of Monday morning quarterbacking, the note could have some read-through to ongoing dissension amongst the ranks at Best Buy with turnaround specialist Hubert Joly calling the shots.
Comments (1)
  • or perhaps Joly is doing his job. Why would BestBuy partner with their biggest threat/competitor? I would view that as a sign of weakness. What really needs to happen is for BestBuy to buyout Barnes and Noble, consolidate their stores and go after Amazon on price. Privately they should lobby states to start collecting sales taxes from Amazon.
    19 Dec 2012, 10:03 AM Reply Like
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