By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Minneapolis — Best Buy has completed the sale of $500 million in notes to a dozen investment banks, including Barclays Capital, Citgroup and J.P. Morgan.
The No. 1 CE chain said it would use the cash for general corporate purposes, which could include capital expenditures, funding working capital, stock repurchases, strategic investments and acquisitions, or replacing the $500 million it paid out the day before when a previous series of notes matured.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.