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0.00063021900110287 0.00086655112651646 -0.00204821175358441 0.00157554750275712 0.00236332125413579 -0.00133921537734364 -0.00362375925634164 -0.00559319363478815
Stock impact report

Best Buy CEO Corie Barry to step down [FOX Business Network]

Best Buy Co., Inc. (BBY) 
Last best buy co., inc. earnings: 2/27 07:00 am Check Earnings Report
to chief executive as the consumer electronics retailer navigates shifting demand and intensifying competition across the retail sector. The company said that Jason Bonfig — currently its chief customer, product and fulfillment officer — will become CEO on Oct. 31, succeeding Corie Barry, who plans to step down after seven years in the role. Bonfig will become just the sixth CEO in Best Buy's roughly 60-year history. The leadership transition comes as Best Buy and its peers face pressure from e-commerce competitors, changing consumer spending patterns and the need to expand beyond traditional hardware sales into higher-margin businesses. Bonfig, a 25-year company veteran, has overseen key areas including merchandising, e-commerce, marketing and supply chain – functions central to the retailer's performance. He has also helped drive initiatives aimed at boosting profitability, including the expansion of Best Buy Ads, the company's retail media network, and the launch of an onli Show less Read more
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