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Best Buy’s Board Loses Former CEO

PYMNTS

Anderson has a long and winding history with Best Buy , assuming the roles of president and chief operating officer from 1991 to 2002, when he moved a few rungs up the ladder to CEO, where he remained until 2009. Paul Business Journal explained. “It

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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then. Toys “R” Us.

Retail 78
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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

For Google’s part, it kept releasing its own branded phones under the Nexus brand, partnering with Samsung, Asus, and LG to manufacture these devices, and further eroding the value of the Motorola acquisition. When you’re a powerhouse brand, it can be hard to see that the times are changing. Date: April 15, 2008.

Google 76
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21 Lessons From Jeff Bezos’ Annual Letters To Shareholders

CB Insights

And nowhere is Bezos’ philosophy of business, technology, and leadership better articulated than in his annual shareholder letters, which he has written every year since the company’s IPO in 1997. 2002: Build your business on your fixed costs. 2002: Build your business on your fixed costs. With almost $17.5

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24 Lessons From Warren Buffett’s Annual Letters To Shareholders

CB Insights

Buffett successfully lobbied the leadership of Coca-Cola — the largest position in Buffett’s portfolio, with his ownership share coming in at 6.2% — to cut back on “excessive” executive compensation plans. It had a great brand. The company’s operations and underlying value are the only things that matters, to Buffett.

Omaha 78