Tag Archives: Best Buy

Remodeled Best Buy in Richfield to Officially Re-Open Saturday

Posted on June 20, 2012 by

After announcing it would be downsized in late March, the Richfield Best Buy location will hold a grand opening celebration Saturday and Sunday. The revamp is part of the company’s new “Connected Stores” strategy. The model is a redesign of … Continue reading →

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Find Your Retail Future in Minneapolis / St. Paul

Posted on May 14, 2012 by

Why would anyone need a reason to come to Minneapolis / St. Paul? You ask anyone who lives here and they’ll tell you it’s the best place on earth.  Sure we have some -0 degree days but that’s what makes … Continue reading →

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Best Buy plans Minnetonka renovation

Posted on April 25, 2012 by

Best Buy Co. Inc. has submitted plans for the renovation of its Minnetonka store along Interstate 394 near Ridgedale Center. The Richfield-based electronics retailer told the city it plans to stay open during construction, said Julie Wischnack, Minnetonka’s community development … Continue reading →

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Best Buy store in south Rochester to Close

Posted on April 16, 2012 by

The Best Buy store in south Rochester is one of 50 Best Buy stores nationwide that will be closed, the company announced today. The store, located at 4540 Maine Ave. S.E., was closed for business Saturday, and is reopened Sunday … Continue reading →

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Best Buy Shuffles Two Top Execs

Posted on January 17, 2012 by

Best Buy Co. Inc., fresh off a disappointing holiday season, is shaking up the responsibilities of two long-time executives. The Minneapolis company said on Monday that Shari Ballard and Mike Vitelli, who had both been president of Best Buy’s domestic … Continue reading →

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Is the iTarget Concept Coming?

Posted on January 10, 2012 by

Analysts say mini-Apple stores can help Target boost sales and profits in its big-box SuperTargets. Target has always prided itself on high-profile partnerships. But this one is a real doozy. The Minneapolis-based retailer reportedly is working with Apple Inc. to … Continue reading →

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Best Buy’s December Sales Fall

Posted on January 6, 2012 by

Best Buy Co. says that weaker than expected traffic until the week before Christmas and low demand in Canada and Europe put a crimp in its December sales. The largest U.S. electronics retailer said today that revenue in stores open … Continue reading →

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Why Best Buy is Going out of Business…Gradually

Posted on January 3, 2012 by

According to Forbes, electronics retailer Best Buy is headed for the exits.   Consider a few key metrics.  Despite the disappearance of competitors including Circuit City, the company is losing market share. Its last earnings announcement disappointed investors.  In 2011, the company’s … Continue reading →

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