Best Buy cutting stores and jobs

The retailer on Thursday morning announced it will close 50 big-box stores and ax 400 corporate and support jobs, Reuters is reporting.
Author:
Updated:
Original:

The retailer on Thursday morning announced it will close 50 big-box stores and ax 400 corporate and support jobs, Reuters is reporting.

Next Up

ambulance

Man dies after being shot outside home near Grove City

He was found outside a home in Acton Township.

Screen Shot 2021-02-27 at 9.39.00 AM

Teen wounded in 'accidental shooting' in Moorhead

The 18-year-old was shot in the abdomen.

Kirill Kaprizov / Minnesota Wild

Watch: Another absurd night for Kaprizov as his legend grows

Kaprizov scored a crazy wrap-around goal in the Wild's victory over the Kings.

uber-eats-4709288_1920

DoorDash, Uber Eats bump service fees for Twin Cities customers

After Minneapolis and St. Paul limited what companies can charge restaurants, DoorDash and Uber are charging customers about a dollar more

hockey rink ice arena

Hill-Murray girls' hockey shut down after 3 players with COVID symptoms kept playing

The players showed 'complete disregard' for the school's COVID

Screen Shot 2019-02-12 at 6.18.55 AM

Narrow band of intense snow to bring up to 7 inches to Minnesota

A winter storm watch has been issued where more than 6 inches could pile up.

Icicles; frozen; winter

As Minnesotans brace for huge gas bills, state ups assistance to $1200

Texas wasn't the only state impacted by February's arctic blast.

Kirill Kaprizov / Minnesota Wild

3 first-period goals lead Wild over Kings

With three goals in just over three minutes, the Wild sealed their fifth straight victory.

Related

Best Buy closing 5 stores in Twin Cities

That includes stores in Edina, Brooklyn Center, Hutchinson, Lakeville and Rogers. Best Buy on Thursday announced it would close 50 of its big-box locations in total and lay off 400 corporate and support workers.

CEO Brian Dunn resigns from Best Buy

Dunn is stepping down after being with the Richfield-based electronics retailer for nearly 30 years. Best Buy recently announced it was closing 50 stores and terminating 400 corporate jobs. Board member Mike Mikan will serve as interim CEO during the search for a permanent replacement.

Best Buy will close six stores in Minnesota

The retailer over the weekend released a list of the stores it plans to close. Best Buy also cut hundreds of corporate jobs and trimmed about $800 million in costs.

Best Buy closing its sixth store in Minnesota

The Post Bulletin reports employees at the south location in Rochester were notified it will close May 12. Best Buy built the store less than five years ago. It's among the 50 stores the Richfield-based electronics retailer is closing to cut costs.