What Best Buy Will Gain from Starbucks’ Loss



By Rick Moss, Forbes

“How is Best Buy like Starbucks? Aside from a big overlap in their target demographic, there may be more points of difference than similarity. But there is one thing they will soon share — the influence of Stephen Gillett.

Late last week, the multinational consumer electronics chain with over $50 billion in annual revenue announced the hiring of Mr. Gillett, who most recently oversaw Starbucks’ “Digital Ventures”, to head Bestbuy.com and the retailer’s other digital efforts.”

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