Best buy brian dunn

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The big box retailer is investigating allegations that former chief executive Brian Dunn had an inappropriate relationship with a female employee.

Schulze didn't tell the board when he learned about former CEO Brian Dunn’s relationship with an employee.

The electronics retailer is restructuring its outmoded big box business to better compete with online and discount rivals.

The Best Buy founder is quitting the board, effective immediately, and considering selling his 20.1% stake.

Best Buy founder Richard Schulze offered to take the company private at $24 to $26 a share.

A pedestrian walks by a Best Buy store on April 10, 2012, in New York City.

Justin Sullivan

AFP/Getty Images