The lost empire: Can Best Buy come back?



By Thomas Lee, Star Tribune

“Allen Lenzmeier stared hard at the numbers, trying to absorb the long line of zeros. You want $475 million in sales? In just five years? This company barely had five months left to survive, he thought.

The 39-year-old accountant had arrived in St. Paul in 1982 to interview for a job at an electronics retailer that was literally in ruins. A tornado had destroyed the Sound of Music’s flagship store in Roseville, forcing employees to hawk turntables and speakers out of a large tent in the middle of the State Fairgrounds.”

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