The retailer’s stock jumped more than 13 percent on encouraging quarterly results, though real sales gains remain elusive.
Updated: August 20, 2013, - 11:01 PM
Sales improve but remain relatively weak as the company seeks to match competitors’ prices and boost traffic through partnerships with Samsung and Microsoft.
Updated: August 20, 2013, - 03:48 PM
To evaluate Joly’s performance, the Star Tribune examined Best Buy in four areas — financial performance, strategy, culture and reputation — before Joly’s hiring and how the company fares now.
Updated: August 19, 2013, - 09:25 AM
Winslow Capital Management and Wellington Management Co. now own large stakes in the consumer electronics retailer.
Updated: August 17, 2013, - 08:00 AM
But some experts wonder whether the online-vote approach will get money to schools that really need it.
Updated: August 14, 2013, - 09:15 AM
The retail giant is moving speedily to catch up with and surpass new technologies and expand its customer base.
Updated: August 12, 2013, - 11:09 AM
CEO Hubert Joly is hoping that improved service will mean fewer customers walking out of the store empty-handed.
Updated: August 10, 2013, - 03:42 PM
Both companies are mum about details but possible projects include exclusive merchandise or special sections within stores.
Updated: August 07, 2013, - 09:43 AM
Best Buy has been trimming its staff on such a regular basis, usually on Tuesdays, that employees have nicknamed the day they receive layoff notices “Tornado Tuesdays” or “Termination Tuesdays.”
Updated: August 05, 2013, - 11:00 PM