Best Buy Seeks Doubling of Sales by 2013
Best Buy has set the ambitious goal of doubling its sales to $80 billion in the next five years, the company’s president and COO, Brian Dunn, told the Minneapolis Star Tribune Wednesday at the company’s annual shareholders’ meeting.
Dunn said at the meeting that the company has traditionally posted an average of 20 percent growth per year, and posted sales in fiscal 2008 that doubled those of four years earlier.
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