The Battle for Best Buy, the Incredible Shrinking Big Box

Richard Schulze made billions as the founder of Best Buy. But even he may not be able to save it
Richard Schulze, ousted leader and would-be savior Pioneer Press

Richard Schulze had a splendid summer of 2012 planned. He had made billions starting Best Buy, the chain of electronics superstores, and at 71 was looking forward to relaxing with his wife at their home on Florida’s Gulf Coast, taking a European cruise, and playing plenty of golf. He would shoot up to Minnesota on his private jet for board meetings and to check on the $500 million fundraising campaign he was co-chairing for the University of St. Thomas in St. Paul.

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