Best Buy Co Inc news

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Best Buy laying off 2400 companywide
Best Buy Co. Inc., the nation's biggest consumer electronics retailer, said its first-quarter profits rose almost 38 percent as customers bought more big-ticket items and cost-cutting measures took effect.
Best Buy Said to Cut 2400 Jobs  Bloomberg
Best Buy Pares Geek Squad  Wall Street Journal
Best Buy Tries On Apple's Sleek Look
RICHFIELD, Minn.— Best Buy Co. BBY -0.15 % is testing a new turnaround strategy: making its cavernous electronics emporiums look more like Apple Inc. AAPL 0.94 % 's sleek retail outlets. The heart of a test store near Best Buy's headquarters here is a ...
Best Buy Starting to Look Alike Apple  ValueWalk
The 'Best Buy 2.0' Prototypes Look A Whole Lot Like Apple Stores  Business Insider
Schafer: Leveraged buyout of Best Buy? Too late
The big liabilities that will make a leveraged buyout of Best Buy Co. Inc. challenging are all of the leases, and they aren't even on the company's balance sheet.
Best Buy to add 500 new Geek Squad agents
Best Buy Co. Inc. plans to hire 500 new Geek Squad agents by the end of the year, a hiring spree that will replace most of the 600 Geek Squad employees set to lose their jobs in August, the company said Friday.
Best Buy to rent HQ space to US Bank
Best Buy Co. Inc. is nearing a long-term deal to lease office space in its 1.4 million-square-foot Richfield headquarters to another Fortune 500 company.
Best Buy Canada takes aim at online rivals with new pricing strategy
Peter J. Thompson/National Post“We always had a price-match guarantee, but now we have extended that to all Canadian online competitors,” said Best Buy Canada president Mike Pratt while touring one of his company's stores in downtown Toronto.
Best Buy Canada To Fight 'Showrooming' With Online Price-Match Guarantee  Huffington Post Canada
Best Buy Canada Has A Plan To Crush The Online Competition  Business Insider
Stores Bulk Up on Appliances
Stocking up on $7,000 refrigerators and $1,200 washing machines might seem like a sucker's bet given the overall headwinds facing the appliance market, which actually sank 5.1% last year to $19.1 billion, according to NPD Group Inc., as the housing ...
Best Buy's Pay Consultant Quits In Protest Of Big Executive Bonuses
Best Buy has been struggling in recent months with plunging profits and without a permanent CEO. The company is using the bonuses in part to prevent a management exodus, telling Reuters in a statement that the bonuses “are intended to ensure leadership ...
Best Buy takes cue from Apple in new retail store design
The retailer is testing out a new prototype that cuts down on floor space and uses a help desk, run by Best Buy's Geek Squad, as the focal point of the company's layout. The Geek Squad desk allows customers to ask questions and handle issues. According ...
Best Buy Warns of Hacked Accounts
Best Buy recently began sending e-mails to customers notifying them that their accounts may have been hacked. "The email, which went out Friday, says in part: 'We are currently investigating increased attempts by hackers around the world to access ...