Best Buy may have announced plans to cut back on new big box stores, but the retailer is moving forward with a new store a few miles from its Richfield, Minn. headquarters.
Ultimate Electronics is aiming to move into bigger stores in at least one market, moving into a former Circuit City in Burnsville, Minn., outside Minneapolis-St. Paul.
Best Buy is giving thoughts to moving its Burnsville, Minn. location from its present spot to a former Circuit City location a few miles away,
Some leaders motivate with fear. Their employees hustle to avoid wrath or pink slips. Others motivate with a near-parental love, and their employees will do anything to avoid their displeasure
How to risk it all, several times, and win-win By Janet Pinkerton For Best Buy founder Richard M. Schulze, risk is life—carefully gauged and addressed head-on, always with an eye towards diversifying future options. In the mid 1960s, the head of North America's largest electronics retailer was a sales representative working for his father in the era of 30-day manufacturer contracts, a rep who wanted into retailing. "It was really driven by my own desire to take control of my own destiny," Schulze said. "Early in the game, I discovered that your individual future was not in your own hands when manufacturers had the