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Best Buy Chairman and Founder Resigns Ahead of Schedule

Posted by timothy on from the to-spend-time-with-family-no-doubt dept.

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?

6 of 322 comments (clear)

  1. He escaped by fustakrakich · · Score: 5, Funny

    Good move.

    --
    “He’s not deformed, he’s just drunk!”
  2. "What store make sense?" by Baloroth · · Score: 3, Funny

    Answer: any that aren't Best Buy.

    --
    "None can love freedom heartily, but good men; the rest love not freedom, but license." --John Milton
  3. Salvation by Sarten-X · · Score: 4, Funny

    Here's an idea that could definitely save these retailers.

    People need entertainment, right? And they want something they like, right?

    We'll hire a bunch of college kids, call them the "Media Squad" and have them review movies, video games, and music, and recommend them based on each customer's particular tastes. By sheer coincidence, they'll recommend things most that are brand new, and stuck with a high markup. To prevent the kids from getting any silly notions like recommending Hulu or other things we don't make profit on, we'll give them sales quotas.

    What could possibly go wrong?

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    You do not have a moral or legal right to do absolutely anything you want.
  4. local store by SebNukem · · Score: 4, Funny

    I put on my hat, replace my wallpaper with a high res picture of the brick wall, and head off to newegg.com.

  5. ! wonder by JackSpratts · · Score: 5, Funny

    Did they inspect his bags before he left?

  6. Re:I don't go to Fry's often due to their return p by cpu6502 · · Score: 5, Funny

    There are ways around stores that refuse to issue a refund on a broken item:
    - Put the item for return in an envelope w/ delivery confirmation.
    - Mail it back to store.
    - Wait 30 days and then call the credit card company & file a dispute that you returned the item but never received a refund.
    - CC company issues refund.

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