Best Buy CEO steps down

Associated Press

NEW YORK

Best Buy CEO Brian Dunn is stepping down from the nation’s largest consumer electronics retailer, a company that has been largely criticized for not responding quickly enough to growing competition and the changing shopping habits of Americans.

Best Buy Co., based in Minneapolis, said Tuesday that it was a mutual decision, and that there were no disagreements with Dunn on any matter relating to operations, financial controls, policies or procedures.