Content about Richfield, Minnesota

August 6, 2012

Best Buy founder and former chairman Richard Schulze on Monday offered to buy the struggling retailer and take it private for as much as $8.8 billion.

June 26, 2012

Best Buy announced it is expanding the Best Buy Mobile brand and store-within-a-store concept into 14 Five Star stores throughout Nanjing, China, this summer.

May 23, 2012

Best Buy said its profit for the first quarter fell 26% amid higher restructuring charges and lower comparable store sales.

April 25, 2012

Fresh off the resignation of CEO Brian Dunn and the revelation that the company lost a not-so- insignificant sum of $1.7 billion last quarter, Best Buy’s recent announcement to close 50 stores by the end of 2012 probably didn’t come as a surprise to anyone in our industry.

March 29, 2012

In a move to tighten its footprint and reduce costs, Best Buy Co. said it will close 50 of its signature big-box stores and open 100 of its small mobile locations in the United States in fiscal 2013.

October 6, 2011

Following a disappointing second quarter, Best Buy is looking to reposition itself as a tech leader with plans to hire more than 200 information technology professionals, with more than 100 new positions to be posted in the next several weeks.

July 6, 2011

What topics interested retailers most in the first half of 2011?

April 14, 2011

Best Buy Co. said Thursday that it plans to open hundreds of wireless device stores, as well as expand online and in China in an effort to be more competitive as consumers up their online shopping.

March 24, 2011

Best Buy Co. reported Thursday that net income for the quarter ended Feb. 26 fell 16% to $651 million, compared with $779 million in the year-ago period.

February 23, 2011

Best Buy said in fiscal 2012 it will concentrate on growing its smaller-format mobile chain and restructure parts of its supply chain processes to cut costs and improve efficiency.

December 14, 2010

Best Buy Co. has settled a Connecticut lawsuit that accused the retailer of advertising lower prices on some items on its website than at in-store kiosks, then overcharging customers at the stores.

July 18, 2010

Best Buy Co. will withdraw its unfair advertising lawsuit against Colorado-based Ultimate Electronics....

June 14, 2010

Best Buy Co. said Tuesday that its first-quarter profit inched up 1%, to $155 million...

March 24, 2010

Best Buy reported its fourth-quarter earnings rose 37% due in part to better sales of...

October 15, 2009

Best Buy Canada said Friday it has launched an Oct. 16 to Oct. 21 trade-in...

October 13, 2009

Best Buy Co. said Wednesday it will open its first 24-hour retail location in New...

December 15, 2008

Facing what CEO Brad Anderson called the "most challenging consumer environment our company has ever...

December 7, 2008

Best Buy Co. opened its first store in Mexico, outside of Mexico City, on Friday....

November 11, 2008

Best Buy Co. said it is sharply cutting its fiscal 2009 earnings outlook below analyst...

October 14, 2008

Best Buy Co. Wednesday announced it is launching stand-alone stores dedicated to mobile technology in...

October 2, 2008

Best Buy will open a store Saturday in Aurora, Col., that was designed with women...

September 15, 2008

On the heels of Monday’s news that Best Buy would acquire online music-sharing site Napster...

September 8, 2008

Best Buy Co. has appointed several executives to new positions across Best Buy International, the...

August 10, 2008

Best Buy Co. Inc. plans to add a dozen automated vending kiosks inside major airports...

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