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Online sales rose 24 percent year-over-year and helped push Best Buy’s profit in the third quarter up 55 percent.
November 17, 2016
Foot traffic fell 1.2 percent for the retailer, although CEO Brian Cornell called the result a “meaningful improvement.”
November 16, 2016
Most of the shopping is expected to occur at shopping malls and downtown stores, although respondents are increasingly turning to online retailers for their gift buying.
November 15, 2016
Best Buy looks to edge out Target by opening its doors one hour earlier on Black Friday, whereas Target is focusing on deals and running multiple promotions throughout the month.
November 10, 2016
Anne Dament departs less than 18 months after starting.
November 03, 2016
Michael Lindell, CEO of the pillow company, said he “decided to pay out rather than pay millions to prove our innocence.”
November 02, 2016
Signature luxury wing delayed as previous expansion gradually fills.
October 31, 2016
Twin Cities-area restaurants offer a range of cuisine and ambience for company meetings, parties and special events.
The retailer said it would be extending its free shipping timeline from December 25 to January 1.
October 25, 2016
Same-store sales growth was strong (up 5.7 percent) for the quarter, although below last year’s result of a 9.7 percent increase.
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