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Best Buy's (BBY +4.2%) top exec says its Five Star electronics chain in China resigned to take...

Best Buy's (BBY +4.2%) top exec says its Five Star electronics chain in China resigned to take another position. The move could be an early warning sign that the unit will be sold off with CEO Hubert Joly widely believed to be willing to divest global assets.
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  • Sam Liu
    , contributor
    Comments (3864) | Send Message
     
    Since Best Buy's purchase of 5-Star, rather than expand at a phenomenal pace like Cn's #1 and #2, Gome and Suning, 5-Star consolidated.

     

    Cn's wealthy class expanded. Best Buy Cn opened and closed. ...
    20 Mar 2013, 01:27 PM Reply Like
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