Richfield-based Best Buy is among the latest group of companies to withdraw its membership with American Legislative Exchange Council, MPR reports. ALEC says it is a bipartisan organization, but the policies it supports and its membership tend to be conservative.
Numerous severe storms likely in Minnesota Friday night
Watch the video for the full details with meteorologist Sven Sundgaard.
Teen pleads guilty in shooting death of 15-year-old girl in Columbia Heights
Damico Jamal-Tokyo High will receive a sentence in juvenile court, along with an adult prison sentence.
Walz wants to use surplus money to send direct payments to Minnesotans
It's a renewed effort from a previous proposal from Walz and Lt. Gov. Peggy Flanagan's supplemental budget in January.
Jan. 6 committee says aide for WI senator tried to give fake elector info to Pence
The attempt was discovered through text messages in the ongoing public hearing held by the Jan. 6 select committee.
Minnesota state colleges boosting tuition again by 3.5%
The Minnesota State system's Board of Trustee's approved the increase Wednesday.
Walz, Jensen react to historic Supreme Court reversal of Roe v. Wade
After voting to overturn Roe, conservative Justice Clarence Thomas has hinted contraception and same-sex marriage protections should follow.
2-year-old killed in crash on County Road 81 in Maple Grove
The crash occurred Thursday evening on County Road 81.
BCA issues new details about St. Michael standoff, shooting
New details say a St. Cloud police officer struck the suspect with gunfire.
92-year-old driver killed in rural Scott County crash
The crash happened around 12:30 p.m. Thursday.
Big-time rain totals flood Highway 10 in central Minnesota
More rain and storms are expected Friday and Saturday morning.
Best Buy relaunches Richfield store
Best Buy celebrates the grand re-opening of its remodeled Richfield store this weekend. The store's size was reduced by 20 percent. Shelf heights are lower. Less merchandise is stored on the sales floor and skylights provide natural light. If it succeeds, the Richfield store could be a model for many of the reeling retail chain's other outlets.
Best Buy joins crowded computer tablet market
Next month, Richfield-based Best Buy will start selling its own Android-based tablet called Insignia Flex, Reuters reports. The new tablet is expected to be priced between $240 and $260. It will feature a 9.7 inch screen, a dual-core 1 GHz processor and a front-facing camera. Insignia Flex will be exclusively at Best Buy stores on November 11.
Best Buy vows to improve, touts turnaround plan
Interim CEO Mike Mikan told shareholders and employees, gathered at Best Buy's annual meeting Thursday, the company is committed to changing in fundamental ways. The Richfield-based electronics retail giant plans to provide new employee training for better customer service, reduce its retail footprint and tackle trends like "showrooming" that are hurting the retailer's sales. Best Buy is also recovering from three months of internal drama, including the abrupt resignation of its founder and largest share holder Richard Schulze. He was not seen at Thursday's meeting.
Uncertain future for Best Buy's shaken shareholders
Best Buy is holding its annual shareholders meeting Thursday. The beleaguered Richfield-based electronics giant has had plenty of boardroom drama over the past three months, including the abrupt departure of company founder and largest shareholder Richard Schulze. After months of uncertainty, investors are eager to learn what's next for the world's largest consumer electronics retailer.
Best Buy CEO: 'Showrooming is one of the greatest falsehoods'
Best Buy's new top executive, Hubert Joly, tells the Star Tribune that he's "not a big fan of shrinking the company." He wants the Richfield-based electronics giant to maximize sales with its existing stores. One analyst was also a bit puzzled by Joly's comments about "showrooming." "I don't think he's right. I think there's plenty of evidence of people doing that," said Laura Kennedy.
Target, Best Buy, Supervalu among retailers impacted by Hurricane Sandy
Minneapolis-based Target and Richfield-based Best Buy closed roughly 200 stores on the east coast because of Hurricane Sandy on Monday. Eden Prairie-based Supervalu closed about 20 of its Acme Market stores.
Schulze commited to Best Buy takeover
More than a week after he went public with his bid to take the Richfield-based electronics giant private, co-founder Richard Schulze sent a letter to the Best Buy Board of Directors requesting permission to form a group and conduct basic due diligence so that he can present a fully financed offer for the company. Schulze wrote, "you should know that I am not going away."
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