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BEST BUY CO., INC.

(BBY)
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Best Buy : Motherhood takes on new meaning for this sales manager

05/07/2021 | 03:48pm EDT
By KATIE KORANDA May 7, 2021

Elizabeth Biederman used to worry about becoming a mom. How would she balance her job and a baby? Could she do both?

Now, with a 2-year-old at home and a sales manager role at a Best Buy in Dover, Delaware, she no longer worries about it.

'Best Buy has been a great place to work as a mom,' she said.

Elizabeth has left work early to take her son, Zachary, to see the Easter Bunny and been late because of potty training. But she has also stayed late to help customers and comes in early when her team needs her.

That flexibility is one reason the part-time job she started working at Best Buy eight years ago turned into a career at the same store.

'That culture has grown and gotten better the past few years as we've increased our focus on hiring more women and being diverse and inclusive,' she said. 'It helps that I am a female leader because I can give that perspective, too. I have several moms on my team, and we definitely try to give the flexibility they need.'

And she loves telling anyone she can about it. She recently posted a selfie on LinkedIn sporting her Best Buy T-shirt that reads, 'Best Mom.'

The shirts were designed by Best Buy's Families Focused Inclusion Network (FIN) a few years ago as a way for employees to celebrate their identity as parents and grow awareness of the Families FIN. Along with our Employee Resource Groups (ERGs), the FINs are a way to provide belonging, community and allyship at Best Buy.

To Elizabeth, the shirt encapsulates not only being a mom to her own son but being a 'store mom' for her employees, too.

'The running joke is that I'm the mom of my store, and I know that's the same for a lot of people who are moms at Best Buy,' she said. 'It's absolutely one of my favorite things - that my people come to me, and I take care of them the way I would my son.'

In addition to coaching her employees on sales skills, she has taught them how to cook dinner and balance a budget. She's helped them with their homework and texted them to see how exams went.

And she's developed a new skillset in motherhood.

'Being a mom has made me a better leader here. It's made me more patient, empathetic and given me a different viewpoint on things,' she said. 'It's given me more emotional intelligence and, I can help my team develop that.'

Click here to learn more about careers at Best Buy.

Disclaimer

Best Buy Co. Inc. published this content on 07 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 May 2021 19:47:06 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2022 49 220 M - -
Net income 2022 1 956 M - -
Net cash 2022 2 249 M - -
P/E ratio 2022 13,9x
Yield 2022 2,63%
Capitalization 26 958 M 26 958 M -
EV / Sales 2022 0,50x
EV / Sales 2023 0,52x
Nbr of Employees 79 050
Free-Float 89,8%
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Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 124,26 $
Last Close Price 107,63 $
Spread / Highest target 39,4%
Spread / Average Target 15,5%
Spread / Lowest Target -28,5%
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Managers and Directors
NameTitle
Corie Sue Barry Chief Executive Officer & Director
Rajendra Michael Mohan President & Chief Operating Officer
Matthew Bilunas Chief Financial Officer
J. Patrick Doyle Chairman
Brian Tilzer Chief Digital & Technology Officer
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