Company Profile (A copy/paste from Hoovers. Add other relevant info preferably links we if there is something compelling) The biggest consumer electronics outlet in the US is also the best -- Best Buy, that is. The company operates more than 1,400 stores throughout the US and Canada, and another 2,600 stores in Europe and China, mostly under the Best Buy, Best Buy Mobile, and The Car Phone Warehouse banners. The stores sell a variety of electronic gadgets, movies, music, computers, and appliances. In addition, Best Buy offers installation and maintenance services, technical support, and subscriptions for cell phone and Internet services. As the biggest consumer electronics chain in the US, following the demise of rival Circuit City, Best Buy is looking abroad for growth. In 2011 Best Buy sold Napster to online mp3 store, Rhapsody. Company Overview (Critical most information: IR Ranking, total revenue, online revenue, online revenue trend from last year/qtr number of products, top three competitors) Technology Platforms
Item Set Up – Edgenet: http://www.edgenet.com/clients/retailers-a-distributors/best-buy Catalog/Content – CNET: http://cnetcontentsolutions.com/files/ccs_casestudy_bb4b_en.pdf SEO – NA (I couldn’t find it)
Management Team (three good contacts is we all we need: SVP/VP Ecommerce, VP Online Merchandising, VP Online Marketing). Directors if we couldn’t find VP’s.
Executive| Designation| Email ID| Phone No| LinkedIn Profile | Brian J. Dunn| Chief Executive Officer| firstname.lastname@example.org| (612) 291-5333| Profile| Mike Mohan| Senior Vice President Merchandising| email@example.com| (612) 291-8663| Profile| Andreas Panayiotou| Senior Vice President US Marketing| firstname.lastname@example.org| (612) 291-5333| Profile| Matthew Smith| VP Integrated Marketing| email@example.com| (612) 291-5333| Profile| Christine Webster-Moore| Vice President, New Business Customer Solutions| firstname.lastname@example.org| | Profile| Barry Judge| CMO| email@example.com| (612) 291-8107| Profile| Tracy Benson| Sr. Director, Digital Marketing, Interactive & Emerging Technologies| firstname.lastname@example.org| (612) 291-5333| Profile| Stacy Anderson | Sr. Director, Marketing| email@example.com| | Profile|
Revenue Size (don’t need it)
All values are in billions
Year| 2011| 2010| 2009| 2008| 2007| %Annual Growth|
Annual| $50.27 | $49.69 | $45.02 | $40.02 | $35.93 | 1.01| Q1| $16.26 | $16.55 | $14.72 | $13.42 | $12.90 | 1.10| Q2| $10.94 | $10.79 | $10.10 | $8.99 | $7.93 | 1.12| Q3| $11.35 | $11.34 | $11.02 | $9.80 | $8.75 | 1.11| Q4| $12.10 | $11.89 | $12.02 | $11.50 | $9.93 | |
Important News and Articles (contact related)
John Thompson, SVP/GM, BestBuy.com - http://www.internetretailer.com/2011/09/30/best-buy-opens-its-e-commerce-site-other-online-retailers (announced a new marketplace. Buy.com is a participant) https://www.extendingthereach.com/wps/portal Alix Hart, Director Digital Marketing (online mktg, SEO)
For the year ended Feb. 26, Best Buy reported: (don’t need most of this) * 2011 web sales of $2.5 billion, up by 14% from $2.2 billion in 2010. (this is good) * Total sales were $50.3 billion, a 1% increase from about $49.7 billion. * Domestic sales of $37.2 billion, down by 0.2% compared with $37.3 billion. * International sales were $13.1 billion, up by 5.6% from $12.4 billion. * Comparable-store sales, including web and call center, declined year over year 1.8%. (this is good) * Net income was $1.27 billion compared with net income of $1.32 million in 2010. * Comparable-store sales were down 1.8% year over year.
We info need more like this:
Best Buy plans to double its e-commerce business (this very important from our perspective) http://www.internetretailer.com/2011/04/14/best-buy-plans-double-its-e-commerce-business