Death of Bob Abt

July 23, 2015
Chicago, Illinois

CEO of the "Bellagio of Retail."
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Bob Abt, CEO of Abt Electronics, died Thursday morning after a three-year struggle with cancer, the Chicago Tribune reports.

A retail legend, Abt took over management of Abt Electronics from his parents, who famously founded the store with $800 and helped transform it to, per the company, the largest single-store retailer of electronics and appliances in the nation. Abt was celebrated for his ability to maintain profitability and high customer loyalty in an era where...

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