Richard Schulze had a splendid summer of 2012 planned. He
had made billions starting Best Buy (BBY), the chain of electronics
superstores, and at 71 was looking forward to relaxing with his wife at their
home on Florida’s Gulf Coast, taking a European cruise, and playing plenty of
golf. He would shoot up to Minnesota on his private jet for board meetings and
to check on the $500 million fundraising campaign he was co-chairing for the
University of St. Thomas in St. Paul. According
to the good people at Businessweek it
didn’t work out that way…………………………………………………………………………………………………………………
Read more at http://www.businessweek.com/articles/2012-10-18/the-battle-for-best-buy-the-incredible-shrinking-big-box#r=read
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