Reinventing Best Buy Case Solution
This is just an excerpt. This case is about STRATEGY about STRATEGY & EXECUTION
PUBLICATION DATE: March 31, 2016
On February 25, 2016, Best Buy revealed a 2nd year of comparable-store sales boosts and a 13.5% boost in online sales. These outcomes remained in significant contrast to 4 years of decreasing comparable-store sales from 2010 to 2013. CEO Hubert Joly, selected in August 2012, was now in his 4th year of transforming Best Buy with his "Renew Blue" method. Undaunted, Joly had actually motivated the practice, encouraged that it provided a chance to offer to consumers as long as Best Buy's costs were competitive. Had Joly done enough to transform Best Buy?
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