Best Buy sells Napster
Napster will be merged with Rhapsody -- creating the largest on-demand music service in the U.S. The Richfield-based electronics retailer will receive a minority stake in the company.
Napster will be merged with Rhapsody -- creating the largest on-demand music service in the U.S. The Richfield-based electronics retailer will receive a minority stake in the company.
A chaotic scene that led to a police chase unfolded after an alleged burglary in Ham Lake.
The report details violent crime trends in the seven-county metro and Greater Minnesota.
Alex Ramirez was last seen in the early hours of Thursday morning.
But the companies will still be able to recoup $600 million.
Mass layoffs were expected at Gannett-owned outlets across the country.
According to the lawsuit, 17 Minnesota homeowners were affected by this scam.
The men were arrested in Chicago.
The cancellation announcement says the promoter walked away from the gig after being harassed by some local residents.
A massive backup has built in wake of the fatal crash.
The man has seven speeding tickets dating back to 2019.
The homicide is the 57th to happen this year in the city.
From beer tasting room to ballroom.
Founder Richard Schulze is stepping down from the board of directors sooner than planned in order to explore options for his 20.1 percent ownership stake. Last month, Schulze announced he would resign on June 21 at the company's annual meeting. An investigation found he knew that former CEO Brian Dunn was having an inappropriate relationship with a female employee. Schulze, the founder and outgoing chairman, has been with the Richfield-based electronics giant since its debut in 1966 and is the company's largest shareholder.
But that's still 15,000 jobs that need to be filled during the holiday season. The Richfield-based electronics retailer plans to increase its regular workers' hours instead.
The SportsBusiness Journal reports the Richfield-based electronics retailer will be behind the promotional events leading up to the game between the Chicago Bears and Tampa Bay Buccaneers at London's Wembley Stadium later this month.
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.
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.
The Richfield-based retailer announced a free-shipping offer for all online orders from Nov.1 thru Dec. 27. Best Buy offered a similar service last holiday season with some restrictions, but now the retailer will ship any item from their online inventory.
Richard Schulze is reportedly talking with banks and looking for potential buyout partners as he considers taking the beleaguered Richfield-based electronics retailer private, Bloomberg reports. Schuzle is Best Buy's largest shareholder -- controlling 20.1 percent of the company's stock. The 71-year-old abruptly step down as chairman of the board earlier this month to explore his options.
Despite some opposition from board members, Best Buy CEO Hubert Joly has agreed to let company founder Richard Schulze and his team of potential investors to interview eight to 10 key executives, the Star Tribune reports. Schulze, Best Buy's largest shareholder, has until mid-November to make a buyout offer to take the struggling Richfield-based electronics retailer private. He is under a 60-day deadline to present a proposal to the company’s Board of Directors.
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