Tag Archives: digital competition

Retail can teach universities a lot about digital competition

Retail can teach universities a lot about digital competition

As consumers shifted their discretionary spending on electronics to price-competitive online offerings after the Great Recession, some analysts were predicting the demise of the well-known US electronics retailer Best Buy. Enter CEO Hubert Joly in 2012. Joly quickly did away with undifferentiated, small-ticket items, such as DVDs and alarm clocks, that had zero chance of […] … learn more→