The state holds steady with 17 companies on the list, but half of them saw revenue declines in fiscal 2024.
Tag: Best Buy
Target isn’t the only Minnesota-based retailer to record a substantial drop in profit this quarter. On Tuesday morning, Richfield-based electronics retailer Best Buy Co. Inc. reported net earnings of $306
Richfield-based tech retailer Best Buy Co. Inc. on Wednesday announced plans for a new electronics recycling pick-up program. For $200, the retailer will send employees to customers’ homes to pick
Despite a dip in sales during its holiday-heavy fourth quarter, Best Buy Co. Inc. on Thursday reported record annual revenue in its latest fiscal year. Sales fell to $16.37 billion
A national consumer advocacy group is calling on Richfield-based electronics and appliance retailer Best Buy to place warning labels on gas stove products. U.S. PIRG Education Fund announced a new
A longtime electronics retailer. Then, an outdoor furniture seller. Now, an advertising agency? Richfield-based Best Buy Co. Inc. continues to move beyond its identity as a place for the latest
Best Buy continues its expansion into home categories beyond electronics with the acquisition of St. Louis Park-based Yardbird, a direct-to-consumer outdoor furniture brand started just five years ago by father
Richfield-based electronics retailer Best Buy Co. Inc. continues its expansion into health care technology by signing a deal to acquire the United Kingdom-based Current Health Ltd., a “care-at-home technology platform.”
Richfield-based Best Buy Co. Inc. on Tuesday announced that its new membership program Totaltech is now available nationwide. The program, which includes unlimited Geek Squad support, costs $199.99 per year.
Most of Minnesota’s biggest corporate players have pushed their return-to-office plans into 2022, but a small group of employees at Best Buy Co. Inc. will return to the company’s Richfield
The Best Buy sales juggernaut keeps rolling. On Tuesday morning the company reported better-than-expected second quarter results: domestic comparable sales were up 20.8 percent pushing the company’s overall quarterly revenue
Technology retail giant Best Buy is committing up to $10 million to Minneapolis-based Brown Venture Group’s inaugural fund. Brown Venture Group was established in 2018 to support BIPOC tech entrepreneurs.
Richfield-based Best Buy Co. Inc. on Thursday announced plans to spend $1.2 billion with Black, Indigenous, and People of Color (BIPOC) businesses over the next four years. The announcement mirrors
It was another spectacular quarter for Best Buy Co. On Thursday, the Richfield-based electronics retailer reported revenue of $11.6 billion in the first quarter of its 2022 fiscal year, which
Richfield-based electronics retailer Best Buy Co. on Thursday morning said it laid off 5,000 retail employees this month despite another quarter of strong sales. In the company’s fourth quarter earnings
Best Buy Co. on Tuesday announced that it will provide a one-time “gratitude bonus” to all hourly employees for their work throughout the pandemic. Full-time U.S. employees will receive a
In the weeks after George Floyd was killed, The BrandLab was inundated with calls from businesses that wanted to do something tangible to fight systemic racism. The Minneapolis-based organization, which
Richfield-based electronics retailer Best Buy Co. plans to lay off an unspecified number of retail employees, The Wall Street Journal reported late Wednesday. The newspaper cited “people familiar with the