A year to the day after Best Buy announced it was laying off 400 employees at its Richfield headquarters, the New York Post, citing unnamed sources, reports that the company is axing 2,000 managers.SEE ALSO: Best Buy hit by Banksy-style prankster "Affected workers are mostly in middle managemen ... More >>
The news has been pretty good for Best Buy since Hubert Joly took over as CEO last year. Though the company is still laying off people, its stock has been one of the best performing on the S&P 500 so far this year, and Time recently proclaimed the company "back from the dead."SEE ALSO: Best Buy ... More >>
Here's news Michele Bachmann can be excited about.Best Buy's stock rose by four percent yesterday after a tech blogger wrote about an "interesting rumor" he heard -- Best Buy will devote in-store space to $1,500-a-piece Google Glass(es) next year.SEE ALSO: Michele Bachmann wears Google Glass: Top 10 ... More >>
Tuesday is a particularly tough day to go to work at Best Buy's corporate headquarters in Richfield, and not just because the week hasn't even arrived at hump day yet.SEE ALSO: Best Buy ends work-from-home program Best Buy's February announcement that it'd be laying off 400 employees didn't mean the ... More >>
Last October, a Bloomberg Businessweek cover feature characterized Best Buy as a "Big Box Zombie" and said the company "is in trouble."SEE ALSO: Best Buy's coupon mistake allowed customers to spend $800 for $1,600 in Amazon gift cardsWhat a difference nine months can make!
Two days ago, a Best Buy employee discovered that some nerd-illiterate Nintendo R.O.B. (Robotic Operating Buddy) owner had dropped the 1980s-era gaming system off for recycling.The employee couldn't allow the rare toy robot to get scrapped. First, he asked his boss if he could take it home, but hear ... More >>
-- Update at bottom -- As it seeks to rebound from a disastrous 2012, Best Buy's leadership has decided to end a program that allowed corporate employees to work from home and maintain flexible schedules.SEE ALSO: Best Buy: On the road to extinction? Though some workers will still be allowed to main ... More >>
Talk about adding insult to injury. A Best Buy coupon mistake allowed at least one customer to spend $800 for $1,600 of value toward digging Best Buy's grave -- namely, buying Amazon gift cards.SEE ALSO: Best Buy's Brian Dunn is the worst CEO of 2012, according to BloombergThe mistake was the result ... More >>
A couple months ago, Bloomberg Businessweek did a cover story where Best Buy was characterized as a "Big Box Zombie." Now, Bloomberg is dinging former CEO Brian Dunn for being one of the people primarily responsible for the company's zombified state.SEE ALSO: Best Buy CEO Brian Dunn: Is this his mys ... More >>
Zombies like to pub crawl, eat brains... and shop at Best Buy?SEE ALSO:-- Best Buy's profits down 90 percent-- Best Buy announces $1.7 billion loss, plans to close 50 stores and cut 400 jobs-- Best Buy: On the road to extinction? That's apparently the case, according to the cover of this week's Bl ... More >>
SEE ALSO:-- Best Buy founder Schulze announces immediate resignation; move may signal major shake-up-- Best Buy CEO Brian Dunn: Is this his mystery woman? [PHOTO]-- Best Buy announces $1.7 billion loss, plans to close 50 stores and cut 400 jobsBest Buy has been taking a PR beating all year long, and ... More >>
Details are beginning to emerge about the woman that led to the abrupt resignation of Best Buy CEO Brian Dunn on Tuesday morning, and the Star Tribune seems to think it knows her identity.On today's front page, the mystery lady was described as a "29-year-old woman who worked at Best Buy's leadershi ... More >>
Less than two weeks after announcing a major restructuring plan involving store closings and layoffs, Brian Dunn has resigned as Best Buy CEO.The split was reportedly amicable, but some are suggesting Dunn's departure is mutual in the sense of, "all the girls in high school and I mutually decided no ... More >>
The short-term outlook for Best Buy isn't good, but the world's largest consumer-electronics retailer is trying to position itself for long-term viability.Today, the company announced a loss of $1.7 billion for the fiscal quarter ending March 3. Best Buy plans to close 50 stores in the U.S. by ne ... More >>
Currently, very few Minnesotans pay sales taxes for online purchases. But Minnesotans do pay sales taxes for purchases they make at physical retail locations. Hence, physical retail locations face a more onerous tax burden than online retailers like Amazon.State lawmakers on both sides of the ais ... More >>
Best Buy: More hated than Walmart? 24/7 Wall St. thinks so.Best Buy has been receiving a lot of negative publicity lately, and that trend continued when 24/7 Wall St. published its list of the 10 most hated companies in America.Using an algorithm including factors like consumer satisfaction, cust ... More >>
Best Buy has been beseiged by bad news this holiday season. Could one of the Twin Cities' largest companies be on the road toward ending up in the tar pit of retailers along with Circuit City and Ultimate Electronics?Possibly. A Forbes piece published yesterday makes a strong case that Richfield- ... More >>
Best Buy still has people who show up to buy stuff... in China.Best Buy, the Richfield-based tech retailer that's become the largest outlet for fancy gadgets in America, looks to be in trouble. Yesterday, the company reported a 30 percent drop in second-quarter profits. Once the market got a look ... More >>
Bytemarks on FlickrBest Buy thinks it owns "geek"Best Buy has already taken over the technical support world with its Minnesota-grown Geek Squad. Now, the company is claiming that it owns the word "geek." The electronics chain recently sent a cease-and-desist letter to Newegg.com--an online ... More >>
BarryJudge.com.In a letter, Judge says no other info was stolen in the hack.This is one computer problem the Geek Squad can't solve. For the second time in a month, the private information of Best Buy customers has been compromised. This time, a hacker broke into files of a former Best Buy ... More >>
WikipediaBest Buy's Shanghai store, above, is one of nine that closed up shop today.Stateside, Minnesota-based Best Buy has become the 800-pound gorilla of electronics retailing, but over in China, the company's big branded stores are extinct. It announced today that it was closing all nine o ... More >>
Father Luke Strand learns Best Buy takes copyright issues very seriously.It must have seemed like a good idea at the time to Father Luke Strand back in seminary: Gussie up a Volkswagen Beetle to mimic those Best Buy "Geek Squad" cars used by the company's house-call nerds. Have the logo on th ... More >>
Not the scene at Best Buy in Eagan on SaturdayThere was the little robotic crawler, poking around the suspect package with its Erecter Set arms. There was the guy in the monster green suit, walking towards the target. There was KARE to record "The Hurt Locker" at Best Buy in Eagan, as shopp ... More >>
Enter the Wayback Machine and check out some local businesses as they appeared on the internet a decade ago.
Now you can count Best Buy in the running for video download domination.
It's called "Little Buddy Child Tracker." It's like a probation ankle bracelet, but so much cooler!
Pile up your car with ancient technology, spread it around your living room and really shock Best Buy with your ability to live like a dinosaur.
Best Buy has finally caught up with most people in America and realized it's flat-out embarrassing to be connected to Fox News's Glenn Beck.
Best Buy sure does a good job making Dunn seem like a down-to-earth regular Minnesota guy.
Apparently Best Buy just realized that people still love vinyl and they are going to try to capitalize on a trend that started long ago.
Best Buy just decided to demote a large portion of their employees working in managerial positions in their stores so there will be even more nuts breathing down your neck to ensure you are "finding everything alright."
Consumers can drop off two units per day, per household at any Best Buy location for recycling.
Is this some kind of public art project about the death of capitalism?
Best Buy announces that the CD-release party is over.