The CEO Diary with Fexingo · 2026-07-28 · 6 min
In 2012, Best Buy was declared dead: showrooming was killing brick-and-mortar electronics retail. Then a French hotel executive named Hubert Joly took the corner office. This episode dives into Joly's counterintuitive strategy: instead of fighting Amazon on price, he made Best Buy stores a destination for expert advice, in-store experiences, and services like Total Tech Support. We focus on the pivotal decision to price-match Amazon and the company's tenfold stock rise by 2019. Lucas and Luna explore how Joly's 'people-first' philosophy and Renew Blue turnaround created a retail revival that defied industry trends. #HubertJoly #BestBuy #RetailTurnaround #RenewBlue #PriceMatching #HumanCenteredLeadership #CEOLeadership #TheCEOdiary #BusinessPodcast #FexingoBusiness #Business #LeadershipLessons #RetailStrategy #Showrooming #TotalTechSupport #EmployeeEngagement #CustomerExperience #TurnaroundStory Keep every episode free: buymeacoffee.com/fexingo
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