Thomas Lee

Reporter | Retail
Phone: 612-673-4113
Thomas Lee covers the retail industry including Target and Best Buy.

Recent content from Thomas Lee

Best Buy founder seeks to buy it

Richard Schulze says he and group would pay $24-$26 a share.

Updated: August 07, 2012, - 12:27 AM

Best Buy's founder taps ex-CEO for buyout

Richard Schulze has recruited former CEO Brad Anderson to lead his executive team should he reclaim control of the retailer.

Updated: July 30, 2012, - 08:53 PM

Best Buy stakes big share of its future on Geek Squad

The retailer is investing a lot in the unit to build customer loyalty, satisfaction and sales.

Updated: July 29, 2012, - 06:55 AM

Major hedge fund dumps Best Buy

David Einhorn's Greenlight Capital took a big loss. Analysts speculate that the fund's exit could help founder Richard Schulze.

Updated: July 24, 2012, - 09:47 PM

Target building an urban footprint

With suburbs awash with big boxes, the discount retailer is chasing growth in the centers of cities like Chicago.

Updated: July 21, 2012, - 02:27 PM

Best Buy to add 500 new Geek Squad agents

The Richfield-based retail giant needs agents with a higher skill set to focus on small business and Connected Stores.

Updated: July 14, 2012, - 07:54 AM

Target teams up with Neiman Marcus

Upscale retailer Neiman Marcus will collaborate with Target to produce a collection of holiday merchandise from top designers.

Updated: July 10, 2012, - 09:03 PM

Best Buy to shed 2,400 more jobs

The Richfield-based consumer electronics giant wants to direct its resources towards higher growth businesses.

Updated: July 06, 2012, - 09:20 PM

Target executives reap big bucks as stock soars

With Target shares up 130 percent since 2009, four executives reaped millions by selling some stock.

Updated: July 02, 2012, - 09:39 PM

Best Buy's Richfield store seeks to connect on new scale

Best Buy offers a new way to engage higher-end customers..

Updated: June 30, 2012, - 12:11 AM

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