best buy

Brian Dunn Resigns as Best Buy CEO
Best Buy Co. CEO Brian Dunn has resigned from the electronics retailer. Best Buy says that it was a mutual decision, and that there were no disagreements with Dunn on any matter relating to operations, financial controls, policies or procedures.
Best Buy to Close 50 US Stores, Cut Costs
Best Buy Company is closing 50 stores in the U.S. in fiscal 2013 and is looking to cut costs by $800 million by fiscal 2015. The biggest U.S. specialty electronics retailer also says it lost money in its fiscal fourth quarter partly because of a restructuring charge, but its adjusted results topped Wall Street's expectations.
Best Buy Cancels Some Online Orders
Best Buy says it won't be able to fill some customers' online orders, just days before Christmas. The largest U.S. specialty electronics retailer says overwhelming demand for some products has led to a problem redeeming online orders made in November and December.
Turn Lane Closure Slated For Division Street
Work on the new intersection by Crossroads Shopping Center and Best Buy in St. Cloud will cause a lane closure starting tomorrow. The westbound right-turn lane on Division Street west of the mall entrance will be closed to street and utility construction in the area.
Best Buy To Scale Back It’s Big-Box Stores
Best Buy plans to open up to 800 mobile-device stores as it shrinks its "big-box" stores in an effort to be more competitive as consumers increasingly shop online. The largest U.S. electronics retailer plans to shrink square footage at big-box stores by 10 percent over the next three to five years.