Best Buy Co Inc (NYSE:BBY) dropped heavily leading up to the three-day weekend on news that Shawn Score, the company’s long-standing president of U.S. retail stores, is retiring. BBY dropped below the 25 level, and it’s a fair bet that the damage is likely to continue going forward unless Best Buy is able to come up with some good news for investors. Best Buy Co Inc (NYSE:BBY) shares after opening at $24.18 moved to $24.40 on last trade day and at the end of the day closed at $24.38. Company price to sales ratio in past twelve months was calculated as 0.20 and price to cash ratio as 2.92. Best Buy Co Inc (NYSE:BBY) showed a negative weekly performance of -0.41%.
RadioShack Corporation (NYSE:RSH) announced plans to close about 1,100 stores, yet the company is only allowed to close 200 stores without seeking the approval of its lead lenders that are GE Capital and Salus Capital Partners.RadioShack Corporation (NYSE:RSH) shares advanced 8.09% in last trading session and ended the day on $1.47. RSH return on equity ratio is recorded as -95.90% and its return on assets is -22.60%. RadioShack Corporation (NYSE:RSH) yearly performance is -52.88%.
GameStop may be most commonly associated with video games, but it may not always be that way. During GameStop’s Investor Day 2014 event this week, the retailer spoke at length about the next evolution of the retailer, which it is calling “GameStop 3.0.GameStop Corp. (NYSE:GME) shares moved down -2.09% in last trading session and was closed at $39.37, while trading in range of $38.97-$39.97. GameStop Corp. (NYSE:GME) year to date performance is -19.39%.
Specialty retailer Conn’s Inc. has leased a big-box space in Southeast Memphis for its first store in Tennessee.Texas-based Conn’s Inc. (NASDAQ: CONN) will open a Conn’s Home Plus on May 10 in 42,296 square feet formerly occupied by Babies “R” Us in the Cross Creek Shopping Center at Riverdale and Route 385. CONN’S, Inc. (NASDAQ:CONN) weekly performance is 3.10%. On last trading day company shares ended up $44.86. CONN’S, Inc. (NASDAQ:CONN) distance from 50-day simple moving average is 14.39%. Analysts mean target price for the company is $57.50.