Best Buy

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

36.46 USD  -0.73 (-1.96%)
Delayed Price  /  Updated: 7:14 PM CDT, Apr 17, 2015  /  Add to My Watchlist      
52 Week High 42.00
52 Week Low 23.87
Volume 4682504
Bid (Size) 600
Ask (Size) 500
Today's Range 37.00 - 36.185
Shares Outstanding 352185626
Dividend Yield 0.78

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StarTribune 100

A measure of the largest publicly held companies with headquarters in Minnesota ranked by revenue.

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Best Buy adds board chairman to Hubert Joly's title

ARTICLE Updated: Apr 13 2015 - 9:36 PM

In case there were any lingering doubts, it’s now even more abundantly clear: Best Buy is solidly united behind the leadership of Hubert Joly.On Monday, the Richfield-based electronics retailer...

Best Buy closes 66 Future Shop stores, consolidates Canadian operation

ARTICLE Updated: Mar 28 2015 - 7:26 PM

Best Buy Co. will stop using the Future Shop brand in its Canadian operation, closing 66 stores and renaming 65 others, the company said Saturday.The step is the first in a makeover that involves...

After strong 4Q, Best Buy signals new cost-cutting phase

ARTICLE Updated: Mar 4 2015 - 5:37 AM

Best Buy Co. Inc. continued on its comeback trail Tuesday, posting a 77 percent increase in fourth-quarter profits and giving shareholders a one-time dividend spiff.The Richfield-based company also...

Best Buy is opening a tech office in Seattle

ARTICLE Updated: Feb 19 2015 - 1:34 PM

Best Buy is expanding into Amazon’s home turf.The Richfield-based electronics retailer is opening a technology center in Seattle this spring as it looks to drive growth through innovation on...

Best Buy banks on gadgets trumping china with first wedding registry

ARTICLE Updated: Feb 12 2015 - 6:39 PM

Best Buy wants to be that something blue in your wedding.The Richfield-based electronics retailer is leaping into the lucrative wedding industry by launching its first gift registry, catching up to...

Best Buy shifts emphasis from Super Bowl ads to digital marketing

ARTICLE Updated: Jan 30 2015 - 11:38 AM

After a three-year burst of celebrity-filled ads for the Super Bowl, Best Buy Co. Inc. is sitting out advertising’s biggest stage for the second year in a row, reflecting a broader change in...

Technology changes, but TV stays front and center

ARTICLE Updated: Jan 25 2015 - 11:00 AM

Don’t underestimate the resilience of the television.Yes, millions of Americans are cutting the cord to cable. And yes, many millennials are sometimes bypassing the boob tube to watch video on...

Best Buy reports merry holiday sales, beating its forecast

ARTICLE Updated: Jan 16 2015 - 12:29 AM

Best Buy Co. Inc. finally delivered with better-than-expected holiday sales numbers Thursday, but the Richfield-based retailer also warned that sales could slide and profits could be squeezed this...

Best Buy's website had glitches for hours today

BLOG POST Updated: Jan 14 2015 - 5:04 PM

For several hours today, Best Buy's website didn't allow customers to actually buy items from it.Instead, customers were greeted by the words "coming soon" on product pages where an...

Best Buy taps Desjardins to run credit cards in Canada

ARTICLE Updated: Jan 8 2015 - 9:04 PM

Best Buy Co. Inc. is shifting the management of its branded credit-card portfolio in Canada from Chase Canada to the Desjardins Group, a large financial cooperative.The transition comes after it...

Retailers seek to be faster than Santa with deliveries

ARTICLE Updated: Dec 17 2014 - 11:52 PM

After the fiasco last year when millions of holiday packages arrived after Christmas, one might have thought retailers would be more cautious this year with their cutoff dates for online orders.But...

Best Buy apologizes for Serial tweet

BLOG POST Updated: Dec 11 2014 - 6:21 PM

Best Buy found itself hustling Thursday afternoon to retract a tweet some found insensitive related to a closely-watched murder case.We deeply apologize for our tweet about #Serial. It lacked good...

Best Buy will look for other paper suppliers after Greenpeace report

ARTICLE Updated: Dec 9 2014 - 9:37 PM

Best Buy Co. Inc. says it will shift business away from a Canadian firm that supplies the paper for its weekly circulars and will seek to work with other vendors who use sustainable practices.The...

Best Buy dangles free two-day shipping to lure holiday shoppers

ARTICLE Updated: Dec 9 2014 - 1:02 PM

Not so fast, Amazon.Best Buy has raised the stakes in the online shopping wars by offering an eye-popping holiday promotion: free two-day delivery on thousands of items through its website.The deal,...

Surge in mobile traffic crashes Best Buy's site twice

ARTICLE Updated: Nov 29 2014 - 6:30 AM

It was not the Black Friday headline Best Buy was hoping for.The Richfield-based electronics chain stumbled on one of the biggest shopping days of the year with its website going down twice in one...

Shoppers, CEOs excited for early start to Black Friday

ARTICLE Updated: Nov 28 2014 - 6:11 AM

Naimo Khalif had been standing in line outside the Best Buy store in Roseville for five hours in the bone-chilling cold when a curious silver-haired man walked by with a big grin, shaking hands and...

How a Best Buy manager prepares for Black Friday

ARTICLE Updated: Nov 27 2014 - 7:33 AM

Like a quarterback preparing for a big game, Mike Ersfeld will take some time to collect himself this afternoon when he drives up to the Best Buy store he manages.“I’ll take 10 minutes to...

Best Buy's third-quarter surprise: Sales growth

ARTICLE Updated: Nov 21 2014 - 5:32 AM

The nagging question about Best Buy Co. Inc. has been whether it was slowly fading — driving profits by cutting costs but not able to build sales.On Thursday, the Richfield-based electronics...

Best Buy bucks trend by not pulling Thanksgiving all-nighter

ARTICLE Updated: Nov 12 2014 - 5:29 AM

Best Buy won’t be pulling an all-nighter on Thanksgiving.While most big-box stores opening that night will keep their doors open for more than 24 hours straight, the Richfield-based electronics...

Target quietly testing mobile payment app to rival Apple Pay

ARTICLE Updated: Nov 4 2014 - 4:54 PM

At a time when the future of mobile payments is still up for grabs, Best Buy and Target have aligned themselves with a competitor to Apple Pay.But the Minnesota companies, two of the nation’s...

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