Jan 11 Best Buy Co Inc said holiday
sales at its established U.S. stores were flat in the recent
holiday season, while total revenue slipped 0.4 percent during a
critical time for the world's largest electronics chain.
In the nine weeks ended Jan. 5, sales at stores open at
least 14 months were flat in the United States and fell 6.4
percent internationally on declines in Canada and China, Best
Buy said on Friday.
The news came amid a wide organizational restructuring under
new Chief Executive Officer Hubert Joly and a looming buyout
proposal by founder and former Chairman Richard Schulze.