Best Buy Names Retail Operations Vice President.Business Editors MINNEAPOLIS--(BUSINESS WIRE)--May 31, 2001 Best Buy Co., Inc., (NYSE NYSE See: New York Stock Exchange :BBY BBY Best Buy (stock symbol) BBY Before Battle of Yavin (Star Wars) BBY BeBeyond (Chinese online community) ) the nation's largest consumer electronics retailer, today announced that Ray Aboyan has been promoted to Vice President of Retail Operations. In his new position, Aboyan will be responsible for the budget and management of the labor allocation and scheduling processes of all Best Buy retail locations. "Ray's expertise and proven track record are paramount to the continued development of Best Buy's world class operations," said Senior Vice President of Retail Operations Mike Marolt. "He will provide the knowledge and talent needed to fulfill the demands of Best Buy's growing bricks and mortar A store (shop, supermarket, department store, etc.) in the real world. Contrast with clicks and mortar. sector." Aboyan has been with Best Buy for five years in various retail operations positions, most recently as director of retail operations where he worked with labor management, retail engineering and location planning. Prior to joining Best Buy, Aboyan was with Hecht's, a division of the May Company, as director of labor management. Aboyan is a graduate of Eckerd College Eckerd College is a private 4-year coeducational liberal arts college at the southernmost tip of St. Petersburg, Florida, in the Tampa Bay metropolitan area. The college is accredited by the Southern Association of Colleges and Schools. , and received an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration in Operations Management Operations management is an area of business that is concerned with the production of goods and services, and involves the responsibility of ensuring that business operations are efficient and effective. from Drexel University. About Best Buy Co., Inc. Minneapolis-based Best Buy Co., Inc. (NYSE:BBY) is the nation's number one specialty retailer of consumer electronics, personal computers, entertainment software and appliances. The Company operates retail stores and commercial web sites under the names: Best Buy (BestBuy.com), Magnolia Hi-Fi, Media Play (MediaPlay.com), On Cue (OnCue.com), Sam Goody (SamGoody.com), and Suncoast (Suncoast.com). The Company reaches consumers through more than 1,800 retail stores nationwide, in Puerto Rico and in the U.S. Virgin Islands. |
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