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Legislative, Regulatory & Legal

  • Best Buy reveals locations of store closings

    MINNEAPOLIS — Best Buy on Saturday revealed the locations of the 50 stores that it is closing this year, including seven in California, six in Illinois and six in the company’s home state of Minnesota. The chain has already closed two locations: one in Missouri and one in Arizona.

    Most of the remaining 48 stores will close by May 12, with three stores scheduled to close this summer.

  • SPOTLIGHT ON: Tenant Improvement, Construction, and Remodeling

    The recent updates to the Americans with Disabilities Act (ADA) Standards for Accessible Design were detailed at the SPECS session, “The ADA: 20 Years +1.” The session, part of the Tenant Improvement Construction/Remodeling workshop track, also gave a brief overview of the law and its enforcement.

    According to the speaker, more than 200 private ADA lawsuits are filed in U.S. Federal Courts across the United States each month. The suits are filed mainly by disability organizations, disability rights advocates and law firms.

  • Two Madison Marquette officials earn ICSC state directorships

    Washington, D.C. -- Madison Marquette announced Thursday that two of its senior professionals, John-david Franklin (who will represent Pennsylvania, Delaware and Southern New Jersey) and Chuck Taylor (who will represent Florida), have been selected as State Directors by the International Council of Shopping Centers.

    The volunteer positions are granted annually to industry leaders who are seen to display unique dedication to ICSC goals and mission.

  • Best Buy: Search for CEO could take up to nine months

    Minneapolis -- Best Buy announced that it is creating a committee to run a global search for a new CEO to replace Brian Dunn, who resigned on Thursday. The retailer said the search could take six to nine months to complete.

    The committee will be headed by Kathy J. Higgins Victor, a board member and chairwoman of Best Buy's nominating committee. Six search firms will be interviewed and the final search firm partner will be selected in the next few weeks, the chain said in a statement.

  • Report: Best Buy probing Dunn ties to female employee

    Minneapolis -- A Thursday report in the Minneapolis Star-Tribune said that Best Buy’s investigations into former CEO Brian Dunn’s personal conduct includes allegations of an inappropriate relationship with a female employee.

    According to the newspaper, Dunn is said to have used company resources in the course of the relationship. It quoted an unnamed source as saying “the company is investigating multiple complaints that Dunn behaved inappropriately with a female subordinate.”

  • Best Buy reviewing former CEO Dunn’s personal conduct

    Minneapolis -- Best Buy’s announcement on Tuesday morning that its CEO Brian Dunn had resigned the company by mutual agreement has been updated with information that a review is being conducted concerning the former chief executive’s personal conduct.

    Best Buy initially said that there were no disagreements or specific problems related to the retailer’s operations, financial controls or procedures. But later in the day on Tuesday it said the company was conducting an internal investigation into his “personal conduct.”

  • Best Buy probes former CEO conduct

    MINNEAPOLIS — Best Buy’s announcement on Tuesday morning that its CEO Brian Dunn had resigned the company by mutual agreement has been updated with information that a review is being conducted concerning the former chief executive’s personal conduct.

    Best Buy initially said that there were no disagreements or specific problems related to the retailer’s operations, financial controls or procedures. But later in the day on Tuesday it said the company was conducting an internal investigation into his “personal conduct.”

  • Authorities break up multistate crime ring that targeted Home Depot

    New York -- State and federal authorities in New Jersey broke up a multistate theft ring that stole merchandise from Home Depot Inc. stores by not ringing up all items at self-checkout counters, the Associated Press reported.

    The thieves were active in about 70 Home Depot stores, mostly in New Jersey, and also in New York, Pennsylvania, Delaware, Maryland and Virginia.

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