Thursday, June 14, 2012

The Best

Best Buy owns Five Star which is an emerging China superstore with 200 locations so far. Five Star plans to open up to 500 stores based on the positive reinforcement of its sales.

Maybe it is time for Best Buy to become the Nike of the electronic Retail business. Design retail like restaurant chains, buy up - up coming players, and take them to The Level.

This is something that someone who raised through the ranks can't really draw on a map. It requires someone with acquisition talent.