Angels and Devils

On November 8, 2004, The Wall Street Journal ran a front-page story headlined “Analyzing Customers, Best Buy Decides Not All Are Welcome.” It reported that the chief executive, Brad Anderson, “is embracing a heretical notion for a retailer.”

Best Buy had sorted its customers into angels and devils. “The devils are its worst customers,” the paper wrote, and Anderson said: “They can wreak enormous economic havoc.” The company began enforcing a 15 percent restocking fee on returns and removed such customers from its marketing lists.

understand-culture
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.