Best Buy

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

Business
February 2

Tax reform prompts Best Buy to give bonuses, $20M tech training grant

Best Buy is the latest major corporation to hand out worker bonuses and to make additional charitable donations as a result of the recently passed…
Don't miss
December 17, 2017
Best Buy was able to reopen one of its stores in Puerto Rico on Friday...

Best Buy reopens store in Puerto Rico after months of helping employees recover

More than 100 people lined up outside the store in the Hato Rey neighborhood of San Juan for its grand reopening.
Business
December 11, 2017

Best Buy execs dole out breakfast as retailer barrels into holiday homestretch

Wearing a Santa hat and a big smile, Best Buy CEO Hubert Joly was feeling, well, jolly as he topped off waffles with heaps of…
Business
November 24, 2017
The Mall of America holiday decor provided the perfect selfie backdrop for shoppers Friday. An early report had 2,500 people in lines around the mall to get in at 5 a.m.

Shoppers turn out in force as Black Friday rolls into high gear

Even if the kickoff for holiday shopping has lost some of its frenzy, shoppers turned out in force. And it's become a bigger time for online sales.
Don't Miss
November 21, 2017

Best Buy's distribution centers work around the clock for holiday sprint

It's show time for retailers, whose logistics will soon be tested by a crush of shoppers. Here's an inside look at Best Buy's preparations.
Business
November 18, 2017

In holiday twist, Best Buy is selling Barbies, while Penney's hawks TVs

Retailers are looking for ways to boost flagging sales and to stop shoppers from flocking to the likes of Amazon.com.
Business
November 17, 2017

Best Buy raises its holiday outlook, but not as much as investors hoped

Electronics retailer tempers expectations for holidays after robust summer and autumn.
Business
November 11, 2017

Target and Best Buy are looking for a merry buying season

Twin Cities retailers set to report third-quarter results this week, displaying if their momentum continues.
Business
November 9, 2017

Best Buy, other retailers launch Black Friday deals early

Best Buy releases ad showing it will spread the discounts of one day across the entire month.
Business
November 3, 2017

Best Buy partners with Amazon for voice shopping through Alexa

Amazon CEO Jeff Bezos promotes retailer's use of voice assistant as holiday shopping season approaches.
Business
September 23, 2017

Schafer: Could Amazon steal the Twin Cities' top talent if it expands here?

Complaining about competing against Amazon for workers would make Best Buy and Target look like whiners. But it's clearly an issue.
Business
September 20, 2017

Schafer: Best Buy CEO tells investors it's all about the customer experience

Keeping the customers coming back seems pretty fundamental, but in traditional retailing it's easy to get distracted by the store.
Business
September 16, 2017

Target, Best Buy and even Amazon among retailers who see new power in stores

The approach to invest in the physical seems counterintuitive at a time when the digital onslaught is leading other retailers to shutter hundreds of locations or go out of business.
Local
September 11, 2017
In this Monday, May 22, 2017, photo, customers walk out of a Best Buy...

Best Buy to close stores in Blaine, Inver Grove Heights

Best Buy is closing two stores in the Twin Cities — one in Blaine and one in Inver Grove Heights.The Richfield-based retailer will not renew…
Business
August 31, 2017
In this Monday, May 22, 2017, photo, customers walk out of a Best Buy...

Best Buy rolls out same-day delivery to more markets, including Twin Cities

Metro area is among 14 added to same-day delivery expansion.
Business
August 29, 2017

Best Buy sees best sales jump in 7 years, but CEO warns it's not normal

Best Buy CEO Hubert Joly said the second-quarter results were driven by higher consumer demand for technology products and strong execution of its strategy.
Business
July 27, 2017

Best Buy adds Dyson in-store shops to demo vacuums, hair dryers

Customers will be able to try out products such as vacuums, $400 hair dryer.
Business
June 28, 2017

Best Buy to roll out expanded displays to highlight Amazon Echo, Google Home

Best Buy moves to command a corner of the market for voice-controlled devices.
Business
May 26, 2017

Best Buy is redesigning mobile phone departments in stores and online

To boost sales, the retailer is trying to make it easier for customers to navigate.
Business
May 25, 2017
In this Monday, May 22, 2017, photo, customers walk out of a Best Buy...

Best Buy stock soars after better-than-expected earnings

Best Buy CEO Hubert Joly said Best Buy will roll out nationwide later this year an in-home advisors program it has been testing in a handful of markets for about a year.
Business
May 4, 2017
Best Buy has contracted with Vivint to carry their internet of things...

Best Buy adds home monitoring to services through Vivint partnership

Vivint monitoring products will be in 400 stores by end of summer.
Business
April 11, 2017

HHGregg's demise could help Best Buy

Report says Richfield-based retailer could benefit the most after the firm closes for good.
Business
March 10, 2017
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, 2017

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, 2017

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.