Best Buy CEO Brian Dunn Resigns – CE Pro Article from CE Pro

Related: 10 Failed Electronics Retailers

The announcement comes less than two weeks after Best Buy announced a restructuring plan following a $1.7 billion loss for its fiscal fourth quarter. Best Buy said it will close 50 of its big-box stores in the United States and lay off 400 employees to help cut $800 million in costs by fiscal 2015.

Best Buy founder Richard Schulze will keep his role as chairman.

via Best Buy CEO Brian Dunn Resigns – CE Pro Article from CE Pro.

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