Best Buy Q1 Sales Up Whopping 37%
Best Buy revenues were ‘stronger than expected’ with $11.6 billion in sales from February through May. Company raises forecasts.
May 27, 2021
Best Buy President Stepping Down
Best Buy president Mike Mohan is leaving the company after 17 years. His role will not be replaced, but distributed among other executives.
Apr 30, 2021
Best Buy Beta $199 Pilot Membership Program Has Amazon Prime Feel
Best Buy Beta membership pilot program includes free shipping, free installation on certain products and unlimited Geek Squad tech support.
Apr 14, 2021
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.