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June 7, 2012 08:05 pm

Best Buy Chairman and Founder Resigns Ahead of Schedule


lightbox32 writes with the news as carried by MSNBC that "Best Buy's chairman and founder Richard Schulze has announced his resignation from the board of directors Thursday a year ahead of the planned transition at the helm of the struggling retailer. The resignation of Dunn and Schulze come after Best Buy reported a quarterly loss of $1.7 billion after same-store sales dropped 5 percent." This sounds like a bad omen for people who get their electronic fix there. For all its imperfections and limited range, when I'm looking for computer stuff new, at retail, and in person — meaning it's not at the Goodwill and I need it right now — I'm usually glad to be near a Fry's location. What brick-and-mortar stores make sense where you live?

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/jilBKKVNo3Y/best-buy-chairman-and-founder-resigns-ahead-of-schedule

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