Best Buy's European Exit Means Retailer Will Need to Tap Inner Talent for Innovation
Analysts say the company will now rely on its internal talent such as Sharon McCollam and Scott Durchslag in its next moves.
Best Buy Co. Inc.'s decision to pull the plug on its partnership with Carphone Warehouse in Europe is not just a partial retreat from the world stage. It also suggests that the Richfield-based consumer electronics retailer, which has leaned on joint ventures, consultants and strategic alliances, will need to seek its best ideas from within the company instead of outside it.
Best Buy said Tuesday it will sell its 50 percent