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Best Buy Problems Signal Need for New Retail Formats

By Bob Clark On March 29, 2012 · Add Comment

The lower than expected earnings news announced by Best Buy March 29, 2012, show that the retailer is having trouble. It said it would lay off 400 workers and close up to 50 stores. On-line retailers, like Amazon, are eating into its sales; certainly, the continuing recession isn’t helping. The company chief executive, Brian Dunn, [...]

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Bob Clark is a veteran marketer with global consumer product companies. He continues to lead marketing teams at large and mid-sized consumer product companies and is interested in sharing insights regarding marketing strategy topics for practicing marketers and company leaders. Bob has also taught at Drexel University MBA program and speaks and writes nationally on marketing topics.

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