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ION Audio Portable Speakers Recalled For Explosion Hazard
MINNEAPOLIS (WCCO) — ION Audio recalled several portable speakers sold at Best Buy on Tuesday due to their explosive potential, the U.S. Consumer Product Safety Commission says. Hydrogen gas can leak...
View ArticleBest Buy Warns Of Higher Prices For Consumers Due To Tariffs On Chinese Goods
NEW YORK (AP) — Best Buy’s outgoing CEO warned Thursday that U.S. shoppers will likely see prices rise if the next round of tariffs on Chinese goods happens. CEO Hubert Joly said the Richfield,...
View ArticleBest Buy Introduces Corie Barry As The Company’s First Female CEO
MINNEAPOLIS (WCCO) – For the fifth time in Best Buy’s history, a new CEO leads the company. And for the first time, it’s a woman. Corie Barry is now the eighth female CEO of a Fortune 100 company– and...
View ArticleBest Buy Aims To Help Consumers Cut Carbon Emission By 20%
MINNEAPOLIS (WCCO) – A new initiative from Best Buy aims to not only substantially cut the company’s carbon emissions, but also those of its consumers. The Richfield-based electronics retailer...
View ArticleWhat To Buy To Comply With Minnesota’s New Hands-Free Law
MINNEAPOLIS (WCCO) – With Minnesota’s new hands-free law comes a bump in sales for Best Buy’s tech accessories, according to a spokesperson. There are dozens of choices for drivers who want to stay...
View Article8 Of The Top New Back-To-School Gadgets, For Every Age Group
MINNEAPOLIS (WCCO) — Many of you have likely shopped for things like notebooks and glue sticks but if you are looking for something extra to pick up this school year, here are a few tech ideas to spice...
View ArticleBest Buy 2Q Profit Beats Estimates, But Revenue Misses
RICHFIELD, Minn. (AP) — Best Buy Co. on Thursday reported strong quarterly profit but revenue fell short and shares of the retailer fell 6% in premarket trading. The Richfield, Minnesota-based company...
View ArticleBest Buy’s Corie Barry Makes Fortune’s ‘Most Powerful Women In Business’ List
MINNEAPOLIS (WCCO) — Recently promoted Best Buy CEO Corie Barry has been named one of Fortune’s Most Powerful Women in Business. Released Monday, the list ranked Barry as the 18th most powerful woman...
View ArticleBest Buy To Hire Thousands Ahead Of Holidays
MINNEAPOLIS (WCCO) — Minnesota-based Best Buy announced Monday it will hire thousands of people across the country ahead of the holiday season. Every Best Buy store will hold hiring fairs on Thursday...
View ArticleBest Buy Using New Tech To Create Custom Boxes, Reduce Online Order Waste
MINNEAPOLIS (WCCO) — In five years, online shopping revenue has doubled for Twin Cities-based Best Buy, up from $3 billion in fiscal year 2014 to $6.45 billion in 2019. With it comes a change in how...
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Inside Best Buy’s Distribution Innovations For Online Order Fulfillment
MINNEAPOLIS (WCCO) — Online shopping keeps growing. Researchers estimate we’ll spend $135 billion this holiday season online. That has impacted how major retailers do business, big time. Best Buy’s...
View ArticleBest Buy Cruising Into The Holiday Season
NEW YORK (AP) — Best Buy is entering the critical holiday season with good cheer, raising its profit expectations for the current quarter. The nation’s largest consumer electronics retailer on Tuesday...
View ArticleBest Buy Reviewing Allegations Of Inappropriate Relationship Made Against CEO
MINNEAPOLIS (WCCO/AP) – Best Buy’s CEO Corie Barry is under investigation for allegations of having an inappropriate romantic relationship with a fellow executive, as reported in The Wall Street...
View ArticleBest Buy CEO To Remain In Position Following Investigation Into Allegations...
MINNEAPOLIS (WCCO) – Best Buy CEO Corie Barry will continue to lead the Minnesota-based company, following an investigation into an allegation of an inappropriate romantic relationship with a fellow...
View ArticleBest Buy Posts Strong 4Q Sales During Holiday Season
NEW YORK (AP) — Best Buy Co. reported strong fourth-quarter results as shoppers bought appliances, mobile phones and tablets during the holiday season. The robust results, announced Thursday, beat Wall...
View ArticleCoronavirus Update: Best Buy To Furlough More Than 50,000 Hourly Workers
MINNEAPOLIS (WCCO) — Minnesota-based Best Buy is furloughing more than 50,000 hourly store workers as Americans are cutting spending amid the COVID-19 pandemic. The electronics retailer made the...
View ArticleCoronavirus In Minnesota: What To Do If You’re Furloughed From Your Job
Coronavirus: Latest News | Community Resources | COVID-19 Info | Download Our App | CBSN Minnesota MINNEAPOLIS (WCCO) — Best Buy announced Wednesday it’s furloughing more than 50,000 hourly workers...
View ArticleBest Buy To Reopen 200 Stores For In-Store Appointments
MINNEAPOLIS (WCCO) — Best Buy plans to reopen 200 of its stores nationwide, and will be offering an in-store consultation service. Early on in the pandemic, Best Buy closed its doors to shoppers and...
View ArticleCoronavirus In Minnesota: Struggling Small Businesses Band Together To Sue...
Coronavirus: Latest News | Community Resources | COVID-19 Info | Download Our App | CBSN Minnesota MINNEAPOLIS (WCCO) — Another round of Minnesotans will learn Thursday when they’re going back to work....
View ArticleBest Buy Set To Reopen To In-Store Shoppers Next Week
Coronavirus: Latest News | Community Resources | COVID-19 Info | Download Our New App | CBSN Minnesota MINNEAPOLIS (WCCO) — Best Buy is getting ready to reopen its stores for indoor shopping next week....
View ArticleBest Buy To Require Face Masks For In-Store Customers
NEW YORK (AP) — Best Buy, the nation’s largest consumer electronics chain, will require customers to wear face coverings at all of its stores nationwide, even in states or localities that don’t require...
View ArticleBest Buy Boosts Starting Hourly Pay To $15 An Hour
MINNEAPOLIS (WCCO) — Best Buy will boost its starting hourly wage to $15 an hour, the company announced Tuesday. The pay increase will begin on Aug. 2. Hourly workers will also receive a 4% increase in...
View ArticleBest Buy Joins Target, Walmart In Closing Stores On Thanksgiving
MINNEAPOLIS (WCCO) — Richfield-based Best Buy announced Tuesday it will be closing its stores on Thanksgiving this year. Following other large retailers like Target and Walmart, Best Buy made the...
View ArticleBest Buy’s 2Q Online Sales Surge But Challenges Remain
NEW YORK (AP) — Best Buy Co. reported that online sales more than tripled in the fiscal second quarter, as shoppers bought computers, tablets and large appliances to help them cook, work and learn from...
View ArticleBest Buy CEO Corie Barry Breaches Top 10 Of Fortune’s ‘Most Powerful Women’ List
MINNEAPOLIS (WCCO) — CEO Corie Barry of Minnesota-based Best Buy is one the most powerful women in business, according to Fortune. Barry, 45, took the No. 9 spot on Fortune’s “Most Powerful Women” list...
View ArticleBest Buy Releases Black Friday Plans, Announces It’ll Be Closed On Thanksgiving
MINNEAPOLIS (WCCO) — Best Buy released its Black Friday plans on Thursday, and the Minnesota-based electronics retailer says it won’t be open for Thanksgiving this year. However, brick-and-mortar...
View ArticleBlack Friday Underway: Most Expected To Shop Online, But Many Still Shopping...
MINNEAPOLIS (WCCO) — Black Friday is shifting online even more this year, as the pandemic keeps many shoppers home and big box stores change their strategies. But it’s still a time to get a great deal,...
View ArticleBest Buy To Offer PTO To Vaccinated Hourly Employees
MINNEAPOLIS (WCCO) — Minnesota-based Best Buy announced Thursday it will offer paid time off for employees who get the COVID-19 vaccine. The company also announced a one-time bonus for all hourly...
View ArticleBest Buy’s President Leaving After 17 Years At Chain
NEW YORK (AP) — Best Buy said Thursday that its president and chief operating officer is stepping down in July after more than 17 years with the chain. The Minneapolis-based consumer electronics...
View ArticleBest Buy, Hy-Vee No Longer Requiring Masks For Fully Vaccinated Customers,...
MINNEAPOLIS (WCCO) — Best Buy and Hy-Vee are among the latest companies to relax their face mask policies for guests and employees who are fully vaccinated against COVID-19. On Tuesday, both companies...
View ArticleTarget, Best Buy Among 150+ Companies Urging Congress To Pass Voting Rights Bill
MINNEAPOLIS (WCCO) — Minnesota-based Target and Best Buy are among the more than 150 companies that have signed onto a letter urging the U.S. Congress to pass a sweeping voting reforms bill. “Congress...
View ArticleWith Sales Surging Still, Best Buy Raises Prospects For 2021
NEW YORK (AP) — Best Buy raised its sales outlook for the year after breezing past Wall Street expectations in the second quarter. The nation’s largest consumer electronics chain joined the slew of...
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Looking For A Seasonal Job? You’re In Luck, With Incentives Aplenty
MINNEAPOLIS (WCCO) — ‘Tis the season to be hiring. Some of Minnesota’s biggest companies are looking for part-time seasonal help, and some of the incentives are tempting. “The labor market is a little...
View ArticleWill Store Shelves Still Be Empty During The Holiday Shopping Season?
MINNEAPOLIS (WCCO) — Will that special gift be available this year? Or will the store shelves be bare when consumers go shopping? On Wednesday, President joe Biden announced he is working on what he...
View ArticleBest Buy Q3 Earnings Beat Expectations, But Shares Down 16%
NEW YORK (AP) — Best Buy Co.’s shares tumbled Tuesday after the nation’s largest consumer electronics chain posted a decline in gross profit margin for the fiscal third quarter, citing organized theft...
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The Ultimate Guide To Black Friday 2021
It may not be Thanksgiving yet, but Black Friday 2021 is officially here. Most major retailers from Amazon to Walmart to Best Buy to Target have all already kicked off their Black Friday sales. Great...
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Black Friday Stealing Spree: Police Say Suspects ID’d In ‘Brazen Mass Thefts’...
MAPLEWOOD, Minn. (WCCO) — Experts say the pandemic is fueling a stealing spree, where basically “flash mobs” of masked and armed people are bursting into stores and getting away with thousands of...
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6 Charged In Best Buy Mass Thefts, Over $26K Of Merchandise Stolen
MINNEAPOLIS (WCCO) – On Black Friday in the Twin Cities, a large group of people stormed in and stole thousands of dollars worth of merchandise at three Best Buy locations, in what was at the time a...
View Article8 Adults, 2 Juveniles Charged In Blaine Best Buy Mass Theft
BLAINE, Minn. (WCCO) — Authorities in Blaine say 10 people have been charged in connection with a mass theft at Best Buy on Black Friday. Each of the 10 individuals — eight adults and two juveniles —...
View ArticleBest Buy Reports Shortfall In Holiday Sales
NEW YORK (AP) — Best Buy reported a shortfall in sales for the holiday quarter as the nation’s largest electronics chain struggled with limited supplies of holiday products and was forced to reduce...
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