Woman CEO to Succeed Best Buy’s Turnaround Star
Business Wars Daily
Audible
4.6 • 717 Ratings
🗓️ 23 April 2019
⏱️ 5 minutes
🧾️ Download transcript
Summary
Today is Tuesday, April 23, and we’re looking at Best Buy vs. Circuit City.
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Transcript
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| 1:05.7 | Thank you. McMillan Online Community. From Wondry, I'm David Brown, and this is Business Wars Daily on this Tuesday, April 23rd. |
| 1:10.7 | You know, these days, we're no strangers to reporting on the bankruptcies and closures of big old retail chains, |
| 1:15.8 | bad news about legacy companies like Sears, Kmart, pay less, and Circuit City, can make it seem like it's impossible for brick and mortar stores to survive, much less thrive. |
| 1:26.9 | Well, in that context, today's story is |
| 1:29.1 | pretty surprising. Electronics retailer Best Buy is doing better than ever, thanks in part to CEO Hubert |
| 1:36.8 | Jolie. Best Buy Finance Chief Corey Barry will become CEO, a rare appointment for a woman in the Fortune 500 ranks. |
| 1:45.4 | At 44 years old, Barry will also be one of the youngest big company CEOs. |
| 1:50.2 | Jolie will continue working at Best Buy as executive chairman and advisory role. |
| 1:54.8 | When Jolie took the reins in 2012, Best Buy was suffering and looked as if it could be on its |
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