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.
Author:
Updated:
Original:

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.

Next Up

Kyle Rudolph

Watch: Vikings create tribute video for Kyle Rudolph

Rudolph's 10-year tenure with the Vikings ended when he was released on Tuesday.

Zach Parise

Wild scratch Zach Parise for Wednesday's game vs. Vegas

Parise will be a healthy scratch for the second time in his 16-year career.

shawn myers 1

Charges: Windham hospital patient threatened to kill staff, spit on them

Shawn Myers is charged with felony terroristic threats.

kaplans tiktok

Minnesota grandparents go viral for 'distancing duo' songs on TikTok

Their most recent duet about getting their second dose of the COVID-19 vaccine has gotten more than 67,000 likes.

CHS Field

Start of St. Paul Saints season delayed to May

Major League Baseball says it's being 'prudent' in delaying the minor league season.

caribou beyond meat sandwich

Caribou Coffee is the latest to add plant-based meat to its menu

The plant-based protein market is exploding, expected to reach $74.2 billion in the next six years.

One-dollar bill, cash, money

Former MN bank CEO sentenced to 18 months in prison for falsifying records

Robert Hager was the CEO of Border State Bank in Northern Minnesota.

49920879552_ef6458affd_o2

As golf season approaches, book your round now at Dacotah Ridge GC

The stunning course is designed by world-renowned architect Rees Jones.

Related

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 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.

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.

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 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.

Experts look for 'bold step' from Best Buy Thursday

Store closings, layoffs, and downsized properties are some of the steps at least two analysts predict Richfield-based electronics retailer Best Buy to unveil. The company is struggling for market share against competitors such as Amazon.

Best Buy stores in Edina, Brooklyn Center to close June 21

Best Buy Co. Inc. on Saturday announced that stores in Brooklyn Center and Edina -- two of the five Minnesota stores the company had planned to close by this fall -- will shut down June 21. It was not clear when the stores in Lakeville, Rogers and Hutchinson would lock up for good.

Best Buy laying off 2,400 companywide

Best Buy said it is laying off 2,400 employees this week, including roughly 600 members of its Geek Squad customer service unit and another 1,800 store employees. The announcement came Friday as the Richfield-based electronics chain said that the layoffs were part of a companywide restructuring plan announced in March.