#6960755 at 2019-07-09 04:33:00 (UTC+1) Q Research General #8905: WINNING BIGLY Edition
Best Buy Founder and Ex-Chair sold $14.85m in shares-July3-5
Best Buy Company specializes in retail distribution of consumer electronic products and entertainment products. The group provides primarily computing products (computers, peripherals, software),
hi-fi products (televisions, DVD players, etc.), cameras, mobile phones, audio systems and home appliances (washers, refrigerators, etc.). Net sales break down by area of activity as follows:
- the United States (92%): activity insured, at the end of January 2018, through a network of 1,293 stores distributed by names between Best Buy (1,008), Best Buy Mobile (257) and Pacific Sales (28);
- Canada (7.4%): 185 stores distributed between Best Buy (134) and Best Buy Mobile (51);
- other (0.7%).
Products are also marketed through Websites (primarily Bestbuy.com, BestBuyMobile.com, GeekSquad.com, MagnoliaAV.com, PacificSales.com, Speakeasy.net and FutureShop.ca).
Number of employees : 125 000 people.
Richard Michael Schulze (born January 1941) is an American businessman. He is the founder of Best Buy and previously served as chairman and CEO.
On the Forbes 2016 list of the world's billionaires, he was ranked #722 with a net worth of US$2.4 billion.
In 2000, Schulze donated $50 million to the University of St. Thomas, at the time the largest donation to a Minnesota college or university.
The money went to help open the UST School of Law, featuring the prominent Schulze Grand Atrium, as well as The Schulze School of Entrepreneurship,
part of the St. Thomas College of Business and located in Schulze Hall both schools are in downtown Minneapolis. Schulze sits on the Board of Governors of the UST School of Law.
In 1966, mortgaging his home, he founded an audio equipment store named Sound of Music in Saint Paul. The company expanded to nine stores and after a tornado destroyed one,
he had a "tornado sale" at one location with a very large selection of goods and low prices. The sale was a hit and he renamed the chain Best Buy and shifted the model to a superstore
format with 18,000 square foot stores, everyday low prices, and a heavy advertising budget. The format was very popular and thanks to increased demand for consumer electronics (especially with the advent of VCRs),
the chain grew to forty stores in 1989. Thereafter, he eliminated the commission model (customers disliked aggressive sales) and expanded Best Buy's offerings to include computer software, music, movies, and computer hardware.
In 1994, he increased the average store size to between 45,000 and 58,000 square feet. In 1995, the chain had $5 billion in sales and 155 stores. In 1996, Best Buy added appliances and kitchen utensils to its lineup.
In May 2012, Richard Schulze announced that he is stepping down as Best Buy chairman after an investigation found that he knew that the CEO was having a relationship with a female employee and did not alert the audit committee.
It was announced on August 6, 2012 that Richard Schulze made a bid to buy out the Best Buy company. According to the report he already owns 20% of the company. This news caused the share price of Best Buy to go up slightly.
By late February, talks between Best Buy Co. and Schulze ended. He and private equity investors sought three board seats in exchange for acquiring a minority stake in the company. However, he wasn't able to line up the funding
On March 25, 2013 Best Buy Co. Inc. announced that Richard Schulze will rejoin the company that he founded with a new title: chairman emeritus. The Richfield, Minnesota based retailer also announced that two former executives, Brad Anderson and Al Lenzmeier,
will serve as Schulze's representatives on the board of directors. They are key Schulze allies who had advised him on his attempt to buy the company.
link for cap#2
#1099810 at 2018-04-19 11:55:45 (UTC+1) Q GENERAL RESEARCH #1373 PRUITT DIG
Apparantly Brad Anderson donated to a Group that made "Anti Muslim Inflammatory Videos"
"..The nonpartisan research Center for Responsive Politics first reported that Anderson and Olympus Ventures, an investment management firm tied to Best Buy founder Richard Schulze, each contributed $25,000 to ==Secure America Now== in 2016. Anderson and Schulze said they didn't know about the videos and wouldn't have donated if they had…"
He sounds like a Democrap DonorCuck>Hmm, may be a good night shift project to take the records you just posted/our list and cross reference with the DOJ release today on Backpage as that provided a shitload of banks used and
#1099799 at 2018-04-19 11:50:54 (UTC+1) Q GENERAL RESEARCH #1373 PRUITT DIG
Here's Brad Anderson off your list, Resigns RT Donations