Just saw the news that Best Buy is closing 50 stores and slowing the recovery by about 400 jobs (on the plus side, most of them probably weren't very good jobs). They have also taken on erstwhile Starbucks CIO Stephen Gillette; I guess if anybody knows something about selling overpriced stuff through a staggering excess of storefronts, it's probably that guy!
A conference between CEO Brian Dunn and Best Buy investors is underway at the moment (10:48 a.m. MDT), so check for more details later today if you have a financial interest in the company. (But don't check here - the only times I book a loss on Best Buy are every time I walk out of one!)
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