Best Buy CEO: Changes Are 'Resonating With Customers'Best Buy is back, and on a roll. Their stock shot up 15 percent last week following an increase in sales and profits. It is a far cry from where the Minnesota-based company was just three years ago.
Online Sales Help Increase Best Buy 3Q ProfitsHigher demand for mobile phones and online sales helped boost revenue and profit for Best Buy Co. in the third quarter.
Best Buy To Pay $3.8M For Selling Previously Recalled ProductsRichfield-based Best Buy has agreed to pay a $3.8 million civil penalty for distributing and selling previously recalled consumer products, the U.S. Consumer Product Safety Commission (CPSC) announced Monday.
Best Buy, Chase Sign Deal To Offer Mobile Payment In Stores, OnlineChase signed a multi-year deal with electronics retailer Best Buy to offer the bank's Chase Pay mobile payment option in its stores and online.
Best Buy Profits Increase 21 Percent In Q2Best Buy's profit jumped 21 percent as the nation's largest consumer electronics retailer increased sales online and tried to create a better shopping experience in the stores while it also cut costs.
4 Things To Know: Donald Trump Visits Minn., Best Buy Turns 50 & MoreFrom Donald Trump visiting Minnesota to Best Buy turning 50 years old, here is a look at the top four stories from Aug. 19, 2016.
Best Buy Joins Retailers Seeing Declining SalesA strong start to the year from Best Buy was overshadowed by a lengthening string of declining quarterly sales and a pessimistic outlook that added to a chorus of woes from the retail sector.
New York Comptroller: Best Buy & Nordstrom To Pursue RenewablesNew York's comptroller says Best Buy and Nordstrom have agreed to increasingly use renewable energy in their operations and supply chains.
Best Buy Tops 4Q Wall Street Profit ForecastsBest Buy Co. (BBY) on Thursday reported fiscal fourth-quarter profit of $479 million. The Richfield, Minnesota-based company said it had profit of $1.40 per share. Earnings, adjusted for one-time gains and costs, came to $1.53 per share.
Best Buy Reports Weak Holiday Business, Expects 4th Quarter DropBest Buy's shares sank Thursday after the nation's largest consumer electronics chain reduced its sales outlook for the fourth-quarter as it reported weak holiday business in mobile phones and personal devices.
Snow, Cold Doesn't Keep Black Friday Shoppers At BayIt is officially on – deep discount shopping has begun all over the metro. Best Buy opened at 5 p.m., with lines beginning at 12 p.m. Target at Ridgedale opened at 6 p.m., lines there began at 3:30 p.m.
Best Buy Says 3Q Sales Were DisappointingBest Buy shares plunged Thursday after reporting disappointing quarterly sales and a cautious outlook for the key holiday shopping season as it faces price pressures and tougher competition from online stores. The electronics retailer said it expects "near flat" revenue in the fourth quarter — which includes key holiday shopping.