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U.S. Store Chain Best Buy's CEO Resigns After Loss

posted on by Egan Loo

Best Buy CEO Brian Dunn has resigned from the American electronics and media store chain on Tuesday, two weeks after the company announced a US$1.7 billion loss for its fiscal fourth quarter. The company had also announced plans to close 50 stores and lay off 400 employees this year.

Source: CE Pro via Slashdot

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