Best Buy
A multi-channel global consumer electronics retailer and developer of technology products and services.
Executive Shari Ballard is leaving Best Buy
The senior executive vice president said the timing is right while the company is doing well.
CDs become bargain bin fodder as sales dwindle, but vinyl on the rise
CDs are on their way out at the nation's largest retailers. But some audiophiles and enthusiasts hang on to them. And they're about half of the revenue at stores like Electric Fetus in Minneapolis.
Business
Best Buy to close Mall of America store in August
The electronics retailer, which has been at the giant mall since 2008, will close
Best Buy starts a streak, as same-store sales soar 7.1 percent
The retailer's sales soared, but skittish investors held back as share price tumbled.
Best Buy expands Geek Squad's role with nationwide 'Total Tech Support'
Best Buy is launching a subscription service that applies to all devices.
Best Buy gets new logo and marketing campaign focused on blue-shirt experts
Marketing focuses on blue-shirt experts instead of price guarantees.
CEO Pay Watch: Best Buy's Hubert Joly made $22.5 million in last fiscal year
In recognition of Best Buy's performance that outperformed some of its peers, the board gave Joly an 8.5 percent boost in his base salary.
Amazon's Bezos calls Best Buy turnaround 'remarkable' as he unveils TV partnership
Deal is the latest project in decade-old collaboration between rival retailers.
Best Buy to open first new U.S. store in seven years
The 36,000-square foot store will open in a suburb north of Salt Lake City.
Best Buy says some customers could be affected by data breach of third-party vendor
Same vendor, [24]7.ai, may have exposed Sears and Delta customer data.
Best Buy to stop selling Chinese firm's phones amid hacking concerns
Best Buy will stop selling Huawei phones and other products from the Chinese manufacturer as U.S. lawmakers and intelligence leaders have raised security concerns about…
Best Buy closing 250 small-format mobile phone stores
The Richfield-based retailer said the stores have become less profitable and will close them by the end of May.
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
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.
![Best Buy CEO Hubert Joly serves waffle toppings on Monday to employee Jackie Schlitz, who works in disaster recovery at Best Buy. ] LEILA NAVIDI ï le](http://stmedia.stimg.co/ows_151301325482260.jpg?h=91&w=145&fit=crop&bg=999&crop=faces)
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…
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
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.
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.
Best Buy raises its holiday outlook, but not as much as investors hoped
Electronics retailer tempers expectations for holidays after robust summer and autumn.
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.
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.
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.
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.
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.
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.
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