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.
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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.

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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.

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.

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.

What deals you can expect as Best Buy closes stores

Stores set to close will be marking down small items, but the retailer will likely just shuffle the big stuff to other stores, according to this report from CNN Money.

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.