The Minnesota electronics retailer is not just surviving, it’s thriving. In 2018, Best Buy saw its earnings jump 46% as it posted profits of $1.5 billion on revenues of $42.9 billion. The company is also holding its own against the likes of Walmart and Amazon by rapidly expanding its e-commerce offerings. Meanwhile, Best Buy has found a services niche, launching a 24/7 tech support subscription service. Now, the 53-year-old company is handing the reins to its longtime CFO, Corie Barry, who will become one of the country’s most visible female executives as she seeks to continue Best Buy’s transformation.
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