December 4, 2014

While some retailers, including Wal-Mart Stores, are ramping up their store presence in China,  Best Buy Co. is pulling up stakes. 

November 20, 2014

Best Buy on Thursday reported unexpectedly strong and better-than-expected profit and sales for the third quarter, gaining new momentum as it heads into the holiday shopping season. 

August 26, 2014

Best Buy Co. earned $146 million in the second quarter, down from $266 million in the year-ago period, topping analysts earnings estimates even as its revenue fell short.

March 19, 2014

Mall of America has launched a $325 million expansion project in cooperation with Mortenson, a U.S.-based construction and development services company, Hotel Development LLC, an enterprise of the Shakopee Mdewakanton Sioux Community, and the city of Bloomington, Minn.

February 4, 2014

Caribou Coffee has taken over the rotunda in the nation’s largest shopping center, Mall of America, Bloomington, Minn., to put up a 64-ft.-tall “Living Pinterest Board” to celebrate the launch of its new Real Inspiration blend, created in collaboration with its fans on Pinterest.

May 15, 2013

Mall of America, the nation's largest retail and entertainment destination, has unveiled a new logo and tagline.

October 24, 2012

Best Buy announced major changes to its leadership organization.

August 6, 2012

Best Buy founder and former chairman Richard Schulze on Monday offered to buy the struggling retailer and take it private for as much as $8.8 billion.

June 26, 2012

Best Buy announced it is expanding the Best Buy Mobile brand and store-within-a-store concept into 14 Five Star stores throughout Nanjing, China, this summer.

May 23, 2012

Best Buy said its profit for the first quarter fell 26% amid higher restructuring charges and lower comparable store sales.

April 25, 2012

Fresh off the resignation of CEO Brian Dunn and the revelation that the company lost a not-so- insignificant sum of $1.7 billion last quarter, Best Buy’s recent announcement to close 50 stores by the end of 2012 probably didn’t come as a surprise to anyone in our industry.

March 29, 2012

In a move to tighten its footprint and reduce costs, Best Buy Co. said it will close 50 of its signature big-box stores and open 100 of its small mobile locations in the United States in fiscal 2013.

October 6, 2011

Following a disappointing second quarter, Best Buy is looking to reposition itself as a tech leader with plans to hire more than 200 information technology professionals, with more than 100 new positions to be posted in the next several weeks.

July 6, 2011

What topics interested retailers most in the first half of 2011?

May 26, 2011

Mill Valley Kitchen, a new restaurant concept from former Excel Bank CEO, Craig Bentdahl, is opening on Tuesday, June 7, in the Ellipse on Excelsior development in St. Louis Park, Minneapolis.

May 13, 2011

Paster Enterprises announced that Whole Foods Market is opening a 32,000-sq.-ft. standalone location at the company’s Minnetonka property.

April 14, 2011

Best Buy Co. said Thursday that it plans to open hundreds of wireless device stores, as well as expand online and in China in an effort to be more competitive as consumers up their online shopping.

March 24, 2011

Best Buy Co. reported Thursday that net income for the quarter ended Feb. 26 fell 16% to $651 million, compared with $779 million in the year-ago period.

February 23, 2011

Best Buy said in fiscal 2012 it will concentrate on growing its smaller-format mobile chain and restructure parts of its supply chain processes to cut costs and improve efficiency.

December 14, 2010

Best Buy Co. has settled a Connecticut lawsuit that accused the retailer of advertising lower prices on some items on its website than at in-store kiosks, then overcharging customers at the stores.

July 18, 2010

Best Buy Co. will withdraw its unfair advertising lawsuit against Colorado-based Ultimate Electronics....

June 14, 2010

Best Buy Co. said Tuesday that its first-quarter profit inched up 1%, to $155 million...

March 24, 2010

Best Buy reported its fourth-quarter earnings rose 37% due in part to better sales of...

October 20, 2009

Hot Mama, an apparel boutique geared toward fashion-forward moms, said Wednesday it is opening three...