Here's how Best Buy came back from the brink of death and took on Amazon.
In April, the company handed over the CEO job to CFO Corie Barry. Her predecessor, Hubert Joly, had engineered a turnaround that surprised Wall Street and inspired other struggling retailers.
For years, Best Buy had watched customers walk its floors and test out products they would then buy online for lower prices, often from. The retailer figured it could offer service and convenience that its online competition could not, and moves to work closely with vendors and train employees drew shoppers back into stores again.
Barry is a company insider who is well liked on Wall Street and is known as a key player behind Best Buy's strategic turnaround.
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