I’ll find out eventually for both stores and there’s a BB and Target close to me within the same street corner in Hollywood. This is the 1st time I’ve heard BB leaning right though..
I saw the former Best Buy CEO on Stossel’s show a few months ago speaking out against big government. Looks like Stossel summarized what they said in this article.
http://townhall.com/columnists/johnstossel/2011/12/14/creators_oped/page/full/
Some CEOs are upset that people don’t appreciate what they do. So they formed a group called the Job Creators Alliance.
Brad Anderson, former CEO of Best Buy, joined because he wants to counter the image of businesspeople as evil. When he was young, Anderson himself thought they were evil. But then he “stumbled into a business career” by going to work in a stereo store.
“I watched what happens in building a business. (My store,) The Sound of Music, which became Best Buy, was 11 years (old) before I made a dollar of profit.”
In 36 years, he turned that store into a $50 billion company.
...
These successful businessmen realize that in one way, they profit from the regulatory burden. They can absorb the costs. That gives them an advantage over smaller competitors.
“Somebody who wants to compete with us can’t because we can afford to hire the guys that can read this stuff and to keep us in compliance with the law. They can’t,” Anderson said.