Best Buy is closing 2 stores near the Twin Cities

Last day of business for both will be Oct. 28.
Author:
Updated:
Original:

Two Best Buy stores near the Twin Cities are closing for good at the end of October.

The Richfield-based retailer will not renew leases for its Inver Grove Heights location, or for its store off of Highway 65 in Blaine, Best Buy confirmed to GoMN. 

The last day of business for both will be Oct. 28. 

Best Buy has been saying for years that it would "gradually refine our store footprint when leases come up for renewal and when it makes business sense," Matt Smith, a spokesman for the company, told GoMN. 

Smith says nearly all of Best Buy's stores are profitable, and that occasional closures are not part of the company's strategy. 

"It’s never an easy decision and it has no reflection on the hard work our store teams have done," he added.

In the case of these two stores, there are multiple Best Buys nearby. There are two stores within eight miles of the Blaine store (Northtown Mall in Blaine and Coon Rapids), and four stores within 12 miles of the Inver Grove Heights one (Eagan, Mall of America, Oakdale and Richfield). 

Smith says Best Buy is also investing a "substantial" amount to remodel a couple of neighboring stores – one in Coon Rapids and one in Oakdale – "as a way to better serve our customers."

Store employees were notified about the closures on Sunday. The company expects many of them will be able to transfer to another store, especially with the busy holiday season approaching.

Unlike other big box retailers that have been closing stores left and right, Best Buy hasn't, the Star Tribune says. Best Buy has only closed two other stores this year, while last year it shuttered 11 big-box stores and 41 mobile phone stores, the paper says. 

Next Up

closed sign

What's open and closed in Minnesota on Thanksgiving Day 2020?

Most services will not be running on Thursday and unlike most years, many stores will be closed, too.

PennyMomentos

How a turkey's brush with celebrity in Bloomington came to a tragic end

DNR: if you care about wild animals, stop feeding them

TCF Bank Stadium

Saturday's Gophers/Badgers football game canceled due to COVID-19 issues

The Battle for Paul Bunyan's Axe will not take place for the first time since 1906.

coronavirus, Iowa

MN health officials don't think downside of COVID-19 peak has arrived

We could be in a trough between a series of waves, Jan Malcolm said.

covid-19, coronavirus

Wisconsin reports record 104 deaths from COVID-19 Tuesday

That's roughly 10% of the total in the nation in a 24-hour period.

Drywall

Husband and wife sentenced for fraud scheme through their drywall firm

The Annandale pair bilked an insurance company out of more than $300,000.

ambulance

4 pedestrians suffer life-threatening injuries after being struck by vehicle

Two vehicles crashed into a car that was on the side of the road after striking a deer.

Marcus Carr

Gophers season preview: New lineup, deeper bench, more questions

Mathew Goldstein takes a deep dive into the murky waters of the college hoops season.

20201107_vivir-1151-Edit

Photos: ViV!R, Minneapolis' new Mexican cafe and shop, is now open

The team behind the acclaimed Popol Vuh have opened the cafe in the same space.

MasklessJudgesinWiscoyTownship

At Wiscoy Township's sole precinct, election judges ditched masks

Voter and Wiscoy resident Kaitlyn O'Connor took a photo of the judges after asking them to wear masks, she said

Related

Best Buy is closing its Mall of America store

It's come to the end of its 10 year lease.

Best Buy reveals 11 exclusive tech in 'special edition' sale

The Richfield-based retailer means business this Christmas, and has revealed its latest pitch at holiday shoppers

What is going on with Best Buy's returns policy?

The Richfield-based retailer is getting some bad press.

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.

Prepare to wait in line again: the Super NES Classic is back at Best Buy

Limited quantities will be available in stores this weekend.

Only 3 stores will open at the Mall of America on Thanksgiving

Shoppers heading to the Mall of America on Thanksgiving will only have three stores to choose from, as retailers are embracing its decision to close on turkey day.

Here are some of the best Black Friday gadget deals at Target, Best Buy and Walmart

We're only a couple weeks away from Black Friday and three major stores have released their deals for the busiest shopping day of the year.