Best Buy

A multi-channel global consumer electronics retailer and developer of technology products and services.

Business
March 10
Best Buy headquarters in Richfield

Two top Best Buy executives are leaving as roles are realigned

It results in the exit of two leaders, as retailer pursues its new strategic plan.
Business
March 7

Alienware PC gaming displays elbow out Intel in Best Buy stores

Best Buy Co. is changing some prime real estate inside select stores to feature high-powered gaming laptops and desktops.The Richfield-based retailer is swapping out its…
Business
March 4

Best Buy moves from Renew Blue turnaround to growth phase

With the retailer back on its feet, a focus on survival is giving way to growth.
Business
March 1
Best Buy CEO Hubert Joly examine a convertible laptop on the sales floor with sales representative Justus Murphy.

Best Buy CEO declares turnaround phase over, but there are still challenges

The company's stock was down 9 percent in premarket trading though as the company forecast lower sales for the coming quarter as well as lower earnings per share than analysts were expecting.
Business
January 31

Toyota, along with Target and Best Buy, lead fight against border tax

Firms that sell imported goods would be hit hard by the tax.
Business
January 21

Schafer: New tax plan could hobble Target, Best Buy

Big American companies are so good at sidestepping income taxes that many pay nowhere near the statutory rate of 35 percent. One notable exception is…
Business
January 20
At the Ridgedale Best Buy in Minnetonka, CEO Hubert Joly joined employ...

Best Buy's Joly says he isn't leaving after report says he is top prospect for another job

Brazilian newspaper says French retail giant Carrefour has him on a list of potential CEOs.
Business
December 3, 2016

This Christmas, Hatchimals could be bigger than Tickle Me Elmo

Retailers and analysts say they have not seen consumers this enthusiastic about a toy since Tickle Me Elmo.
Business
November 25, 2016
The Target in Eden Prairie was busy Thursday night as shoppers there made their way past big screen TV deals placed in the clothing section.

Retailers have high hopes as Black Friday kicks off

While the final numbers on Thanksgiving Day traffic won't be in for days, some Twin Cities store managers said the crowds seemed larger.
Business
November 21, 2016
Best Buy CEO Hubert Joly examine a convertible laptop on the sales floor with sales representative Justus Murphy.

Best Buy CEO Hubert Joly smiling over the retailer's holiday prospects

Best Buy CEO Hubert Joly delights in proving wrong the naysayers who thought Amazon would put Best Buy out of business. To the contrary, he says, there's room in the market for both to win.
Business
November 18, 2016

Best Buy continues to outperform even while Samsung recall dents holiday momentum

The company's stock jumped sharply to its highest level in more than six years.
Business
November 5, 2016

Target, Best Buy can't wait for shoppers to shift out of election mode

Among those who will be cheering this week for the end of this highly contentious and emotionally draining election season are America's retailers, now itching for shoppers to get into the holiday spirit.
Business
October 28, 2016

Best Buy's holiday campaign stars Don Rickles, Bobby Flay

The retailer's tagline for the year-end shopping season is "Holiday Gifting Made Easy."
Business
October 24, 2016

Best Buy again offering free shipping through holiday season

Move simplifies message, helps electronics retailer compete with Amazon.
Don't miss
September 26, 2016

Best Buy will highlight products by start-ups in section of store, website

New program offers manufacturing and marketing support.
Business
August 23, 2016
Best Buy signage at the company headquarters Thursday, June 7, 2012, i...

Best Buy shares boast biggest one-day jump in a decade

Stock sees best one-day gain in decade after sales increase surprises analysts.
Business
August 22, 2016
Best Buy has taken over the rotunda at the Mall of America for a few weeks to showcase connected home products in a huge display that replicates various rooms in a house.

Best Buy opens connected home display in Mall of America

Display at MOA is part of the retail chain's 50th anniversary celebration.
Business
August 2, 2016

Some of Best Buy's Samsung mini-shops are closing, others expanding

The retailer is closing some of its stores within a store, while expanding others.
Business
July 8, 2016

Best Buy reminds customers to recycle online shipping boxes

Retailer joins national campaign run by Keep America Beautiful and the Ad Council.
Business
June 26, 2016

Best Buy tests in-home service to help customers figure out their tech needs

Under a pilot program, tech advisers come to customers' houses and consult on issues from internet speed to smart home products.
Business
June 14, 2016

Janitors' protest turns into celebration outside Best Buy shareholders meeting

Janitors and backers celebrated as the retailer agreed to use a "responsible" contractor.
Business
May 24, 2016

Best Buy shares tumble as CFO exits, execs warn of slow summer

The electronics retailer also lowered its profit expectations for the summer.
Business
May 6, 2016

Majority of Best Buy's top execs are women

A new services chief tipped the gender balance at the top of the electronics retailer.
Business
April 11, 2016

Best Buy's Geek Squad to swap Beetles for Priuses

Best Buy's Geek unit is trading in its Beetle for a Prius as part of a broader campaign
Business
April 9, 2016
Best Buy has six stores in Manhattan. With space at a premium, most span two or three stories, unlike the chain's stores elsewhere.

Best Buy steps up its game in New York by retooling stores

In one of the world's most competitive marketplaces, Best Buy wants to make sure it is putting its best foot forward.