Best Buy

(credit: CBS)

Believe It Or Not: Black Friday Shoppers Already Lining Up

People are already lining up for holiday shopping deals. Yes, already. At the Best Buy store in Richfield, two tents are up and two anxious shoppers are waiting it out.

11/20/2012

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Early Black Friday Offers Anger Best Buy’s Online Shoppers

Best Buy’s website is up and running at full capacity following a glitch Monday that aggravated loyalty program customers getting an early shot at Black Friday deals.

11/20/2012

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Best Buy Reports 3Q Loss Of $10M

Best Buy Co. reported another dismal quarter on Tuesday, recording a loss in the third quarter, hurt by a continued sales slump and charges related to restructuring. Shares fell more than 11 percent in morning trading to its lowest level in more than a decade.

11/20/2012

Laptop, generic, computer

Man Accused Of Stealing Multiple Laptops

A Robbinsdale man has been charged in connection with a suspected series of laptop thefts around the Twin Cities metro area. Charges have been filed in Anoka County against 32-year-old Vennie Jerome Williams.

11/19/2012

(credit: Michael Buckner/Getty Images for Nintendo)

Gamers Line Up At Best Buy For Wii U

Gaming giant Nintendo is releasing its most-advanced system yet: Wii U. But some anxious gamers have been trying out the new console all night.

11/18/2012

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Best Buy Hires Former Williams-Sonoma Exec As CFO

Struggling consumer electronics chain Best Buy said Monday that a former Williams-Sonoma executive will become its new chief financial officer beginning Dec. 10.

11/12/2012

(credit:  STAN HONDA/AFP/Getty Images)

Early Look At Black Friday Doorbuster Deals

Weeks before the halls are decked, the deals are already coming out — and Black Friday isn’t for another two weeks.

11/09/2012

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Target To Sell Credit Card Business To TD Bank

Target Corp. says it has reached a deal to sell its entire consumer credit card business to TD Bank Group.

10/23/2012

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Target To Match Some Rivals’ Online Prices

Target Corp. says that for the first time it will match prices that customers find on identical products at select online competitors this holiday season.

10/16/2012

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Best Buy To Match Some Rivals’ Online Pricing

Best Buy says it has authorized its store staffers to match online prices of competitors in some cases as it heads into the holiday season.

10/12/2012

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Best Buy CFO To Leave, Retailer Looks For New One

Best Buy said Tuesday that its chief financial officer is leaving, the latest executive departure for the struggling electronics chain. The news comes as Best Buy’s founder and former chairman Richard Schulze mulls an offer for the company.

10/09/2012

(credit: CBS)

Nearing Holidays Bring Early Gift: Employment

The holiday season will do more than bring presents to good boys and girls this year.

09/21/2012

(credit: CBS)

Best Buy’s Founder Allowed To Pursue Buyout

Best Buy Co. Inc. and its founder and former chairman Richard Schulze say they have an agreement that will allow Schulze to pursue his plan to try to buy the nation’s largest consumer electronics chain.

08/27/2012

(credit: CBS)

Best Buy Pays Up To Lure New CEO

Best Buy is paying up for a turnaround. Incoming CEO Hubert Joly will take home more than $15 million next year and stands to earn $16.5 million in stock grants over three years on top of salary and bonuses.

08/24/2012

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Best Buy 2Q Profit Drops 90 Percent, Misses Estimates

Best Buy Co. is reporting a 90 percent drop in net income during the second quarter, dragged down by restructuring charges and weak sales. The company also withdrew its earnings guidance for the year.

08/21/2012

(credit: CBS)

Best Buy Hires Hubert Joly As New CEO

Shockwaves first hit at Carlson headquarters in Minnetonka on Friday. That’s when Carlson’s former CEO, Hubert Joly, tendered his resignation.

08/20/2012

Best Buy

Target Working With Best Buy To Hire Geek Squad Staff

A life line has been thrown to some of Best Buy’s Geek Squad from an unlikely source. Minneapolis-based Target Stores is beginning a test program with cross town retailer Best Buy.

08/09/2012

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Best Buy Founder Offers To Buy Company, Take It Private

Best Buy’s founder said Monday that he wants to take the electronics retailer private by buying up all of its shares he doesn’t already own in a deal that values the company at as much as $8.84 billion.

08/06/2012

(credit: CBS)

Best Buy’s Geek Squad Hosts Summer Camp For Kids

It’s camp season for many kids, but while most of them are outside, a unique one is going on indoors, inside Best Buy’s world headquarters in Richfield.

07/10/2012

(credit: CBS)

Report: Best Buy Founder May Seek Buyout Deal

Best Buy Co. founder Richard Schulze may be considering a bid to take the electronics retailer private, according to a report by the Wall Street Journal.

06/26/2012

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Best Buy Committed To Change, CEO Says

Best Buy’s interim CEO said Thursday that the electronics seller is operating below its full potential but is committed to changing in fundamental ways.

06/21/2012

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Best Buy Raises Dividend

Best Buy says it is raising its dividend by a penny per share to 17 cents.

06/21/2012

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Two Twin Cities Best Buy Stores Close June 21

Visit the Edina and Brooklyn Center Best Buy locations soon, as the two locations will close to the public on June 21 as part of Best Buy’s restructuring plan.

06/09/2012

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Will Former Founder Schulze Take Best Buy Private?

Now that he’s resigned from the board, there’s speculation that Richard Schulze may try to take Best Buy private.

06/07/2012

(credit: CBS)

Best Buy Founder Resigns As Director, Effective Immediately

The founder and outgoing chairman of Best Buy announced his resignation from the board Thursday and said that he may sell off his 20.1 percent stake in the beleaguered electronics retailer.

06/07/2012

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