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Best Buy CEO Plans Smaller Stores to Boost Growth

To Keep Growing, Incoming Best Buy CEO Says He First Wants to Go Smaller Best Buy's struggles in recent years have been well documented.

Slumping sales, lower consumer confidence, and a slower housing market have taken their toll on the consumer electronics retailer.

But as it prepares to enter a new chapter under Jason Bonfig, its incoming CEO, the company is taking an intriguing approach: going smaller.

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