Archive for the '05 BestBuy' Category

Susan Schulze Hoff - Best Buy Family Profits

Best Buy’s Chairman, Richard Schulze’s daughter, Susan Hoff and her husband, Duane, who the proxy notes resigned in December from his $160K a year job as vice president for business development. Susan Hoff, who serves as chief communications officer, made $530K last year, which based on the summary compensation chart, should have put her at […]

Phoenix Fixtures - Best Buy Family Affair

Best Buy’s (BBY) recent proxy and K provided new disclosures on family members collecting money from the company. By far the biggest deal to be disclosed was the company’s agreement with Phoenix Fixtures, a Roberts, Wis. based company that is owned by the brother of Best Buy’s Chairman, Richard Schulze. In fiscal 2005, Phoenix, which […]

Best Buy owns Geek Squad

April 22, 2005: Best Buy owns Geek Squad, a 24-hour technical support firm. For consumer complaints about Best Buy and the Best Buy predatory credit card see our forums.

Sam Goody Best Buy Indictment

08-18-04 — NEWARK - A Kinnelon, New Jersey man alleged to have reaped millions of dollars through securities fraud and insider trading in connection with the sale of Sam Goody Stores to Best Buy Company, Inc. in 2001 was indicted today. AUSA John M. Vazquez and Special AUSA Craig Carpenito, 973-645-2903, 2891, respectively. For […]

BestBuyCard.net Informs Best Buy Customers of Predatory Credit Card

Created in April 2002, website BestBuyCard.net informs electronics retailer Best Buy Stores customers and potential customers of the pitfalls of predatory credit card financing. Best Buy uses HSBC Retail Services as the financing for their Best Buy credit card. In reality, HSBC Retail Services is the old Household International retail services, well known […]

Best Buy Warranty Secrets

Here’s a secret two of the nation’s largest consumer-electronics chains don’t want investors to know. As TVs, portable DVD players, and other stuff fly off their shelves, Best Buy Co. (BBY ) and Circuit City Inc. (CC ) aren’t banking on them to rake in the profits. Instead, they’re counting on the extended warranty contracts […]

Fox News Los Angeles and Best Buy Subscription Scam

I am a producer at Fox News in Los Angeles investigating the Best Buy subscription scam…. if you’d like to tell me your story, please call 310/584-3904. Looking for consumers in L.A. area to speak with. Thanks in advance, Heidi.

Editor’s note: This article was researched and approved by Household - HSBC Watch after […]

Shea v Household proceeds to be paid January 2006

Contacting the attorneys, “Strange & Carpenter”, (310) 207-5055 they said Shea v Household proceeds are not due to be disbursed until Jan. 2006! For more information on Shea v Household see our document library. Just click “log in as Guest.”

HSBC owned Household for almost two years during these atrocities which spanned 1994 through […]

Best Buy and HSBC Deserve Each Other

When web traffic slows down in the summer it is the perfect time for analysts at Household - HSBC Watch to crunch the numbers. In the latest session we disovered the source of specific complaints, and it does not look good for Best Buy, the nations largest electronics retailer. Specifics:

Customers received a Household […]

HSBC Watch is not passive press

“The passive press is a robber baron’s best friend” said Brian Kenny at the BWAA awards recently. Here at HSBC Watch we agree. Through your input we try to keep Household International and HSBC honest. We are your voice on the Internet. Your comments in the forums help others. Your […]