Best Buy

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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

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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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Best Buy Profit Falls, Adj. Earns Tops Street View

Best Buy Co. said Tuesday that its fiscal first-quarter profit dropped 26 percent on restructuring charges as the struggling electronics retailer began implementing a turnaround plan.

05/22/2012

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Best Buy Profit Falls, Adj. Earns Tops Street View

Best Buy Co.’s fiscal first-quarter profit dropped 26 percent on restructuring charges as the struggling electronics retailer began implementing its turnaround plan. Its adjusted earnings and revenue both topped Wall Street’s expectations.

05/22/2012

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Good Question: Why Do CEOs Get Paid So Much To Leave?

Most of us are lucky to get two weeks’ pay if we get fired. But when a CEO gets the axe, or resigns to avoid being fired, he or she often walks away with millions in severance.

05/14/2012

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Best Buy CEO To Get Multi-Million Dollar Severance Package

Disgraced Best Buy CEO Brian Dunn will receive a $6.6 million severance package.

05/14/2012

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Best Buy Founder Steps Down After CEO Probe

Best Buy founder Richard Schulze has announced he is stepping down. An internal investigation has confirmed a relationship between former CEO Brian Dunn and a female employee.

05/14/2012

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Best Buy Chief Marketing Officer Leaves

NEW YORK (AP) — Another executive at Best Buy has left the company. Best Buy says former chief marketing officer Barry Judge is no longer with the Minneapolis company. It says he left to “explore […]

05/03/2012

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Tech Minute: Time To Ditch That Old Computer?

Let’s face it, computers don’t last forever. But how do you know when it’s time to ditch your old computer for something new? Geek Squad agents take these types of questions all the time from customers at Best Buy.

04/17/2012

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Another Minnesota Best Buy Store Closing

Officials with Best Buy announced Saturday that 42 more stores are closing nation-wide, and one of them is in Minnesota.

04/14/2012

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Best Buy’s Dunn Departure Sparks Speculation

Innocent until proven guilty? Maybe not if the defendant is a CEO and the jury is a company’s board of directors.

04/13/2012

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Best Buy Creates Search Committee For CEO

Best Buy Co. says it is creating a search committee to find a CEO to replace Brian Dunn, who abruptly resigned Tuesday.

04/12/2012

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Best Buy CEO Resigns Amid Internal Investigation

Best Buy CEO Brian Dunn abruptly resigned on Tuesday after the embattled consumer electronics chain launched an internal investigation into his “personal conduct.”

04/10/2012

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Market Analysts Reflect On Best Buy CEO Resignation

Best Buy CEO Brian Dunn is resigning from the nation’s largest consumer electronics retailer, which has been struggling to rebound amid growing competition and changing shopping habits.

04/10/2012

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Best Buy Trimming Stores And Corporate Staff, Hoping To Cut Prices

Outside Best Buy’s corporate headquarters store in Richfield, you can already see the signs of change: a banner hanging on the wall tells customers to expect something new in the months ahead.

03/29/2012

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Best Buy To Close Stores After Dismal Earnings Report

Best Buy Co. said it plans to close 50 big box stores and open 100 small mobile locations in the U.S. in fiscal 2013 and cut $800 million in costs by fiscal 2015. The news came Thursday as the biggest U.S. specialty electronics retailer posted a fiscal fourth quarter loss partly due to restructuring charges, but its adjusted results topped Wall Street’s expectations.

03/29/2012

Best Buy

Geek Squad Founder Leaving Best Buy

The founder of Geek Squad announced that he’s leaving the company, which was acquired by Best Buy a decade ago.

03/07/2012

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Tips For Extending Battery Life On Smartphones

As much as people use smartphones, the battery can drain fairly quickly. If you want to milk more from your phone’s battery life, there are a few options to consider.

03/06/2012

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Tech Minute: How To Deal With A Wet Smart Phone

The more we use our smartphones, the more likely it is they can be damaged. But if you accidentally drop your phone in water, you may not have to shell out a lot of money to have it fixed.

02/28/2012

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Justice Page, Fmr. Viking, Talks About His Remarkable Life

As part of a Black History Month, Justice Alan Page was at Best Buy Corporate Headquarters in Richfield on Thursday talking about his remarkable life.

02/16/2012

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Are Remote Car Starters Worth The Cost?

This winter has so far been mild, but drivers will once again have to wait for a freezing car to warm up.

02/07/2012

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Best Buy Among ‘Most Hated’ For Customer Satisfaction

When Richfield-based Best Buy made the news back in December, it wasn’t good. The company had to apologize to thousands of customers after the orders placed after Thanksgiving couldn’t be delivered in time for Christmas.

01/18/2012

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Best Buy December Sales Fall

Best Buy Co. says that weaker than expected traffic until the week before Christmas and low demand in Canada and Europe put a crimp in its December sales.

01/06/2012

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Best Buy Cancels Some Online Orders

Best Buy says it won’t be able to fill some customers’ online orders, just days before Christmas.

12/22/2011

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