Best Buy Q4 Revenues Up 12.6%; Cuts 5,000 Jobs
Best Buy announces solid Q4 revenues with home theater as a driver. Total Tech Support program remains strong. Retail store closings on tap.
Feb 26, 2021
Best Buy CEO Corie Barry to Keynote Digital CES 2021
CES 2021 all-digital event will feature more than 100 conference sessions, 1,000 exhibitors and a live anchor desk.
Dec 15, 2020
Longtime Magnolia Exec Jimmy Joe Tweten Dies at 69
Jim Tweten, who grew Magnolia Hi-Fi & Video to 18-store chain, then developed Magnolia Home Theater inside Best Buy, dies.
Nov 25, 2020
Home Theater Helps Drive Best Buy’s 23% Q3 Revenue Growth
Best Buy cites rises in home theater and appliance sales as drivers for its $11.8B Q3 revenues. Online sales rise 174%.
Nov 24, 2020
RowOne Partners with Best Buy and Next Level Distribution
Home theater and entertainment seating company RowOne relaunched in February under the new ownership of former director of sales and Marketing Todd Girdis. Out of the gate RowOne came to market with a fulfillment model that delivers in 10 business
Nov 03, 2020
Best Buy Shatters Q2 Sales Expectations
Best Buy total sales rise 5.8% for Q2 to $9.9 billion, with online sales up 242%, driven by home office and home schooling needs.