Richfield-based electronics retailer Best Buy Co. Inc. announced more detailed plans to boost diversity and inclusion within its ranks while also ramping up the company’s community-building efforts. “We know it’s
Tag: Best Buy
Richfield-based electronics retailer Best Buy Co. Inc. has announced plans to exit its operations in Mexico and close 41 stores there. The news, which had not previously been disclosed by
Richfield-based Best Buy Co. Inc. has raised $650 million through a just-completed bond sale. According to a filing with the U.S. Securities and Exchange Commission, the filing was completed on
Like Target, Richfield-based Best Buy Co. Inc. appears to be faring remarkably well during the pandemic. On Tuesday morning, Best Buy reported that its net earnings nearly doubled compared to
The city of Minneapolis was arguably ahead of the Covid-19 curve. Starting on May 26, the city implemented a policy requiring masks inside of stores, the downtown skyway system, hotels,
Heading out to your neighborhood electronics dealer? Make sure you’ve got a face mask. This week, Richfield-based Best Buy announced that face coverings will be required in all stores starting
More than 400 companies have decided to pause advertising on social media giant Facebook for the month of July as part of the burgeoning “Stop Hate for Profit” movement. Minneapolis-based
For the first time, some of Minnesota’s biggest companies are formally recognizing Juneteenth as a corporate holiday. Juneteenth, which takes place every year on June 19, marks the end of
Best Buy’s first quarter earnings report revealed the company’s revenue has decreased 6.3 percent from 2019, dropping to $8.562 billion. That’s compared to revenue of $9.142 billion in the same
Tickets are now on sale for the April 23 event featuring a conversation with Barry, the first woman to hold the top job for the retail giant.
The Richfield-based electronics retailer also hopes to capitalize on health tech over the next few years.
He takes a position vacated when former chief financial officer Corie Barry became CEO.
Shares of the company jumped sharply upon the news, fueled by improved sales.
After less than a year as president of the company’s U.S. retail stores, Shawn Score retired effective immediately.