Skip to main content

Could Best Buy be a good buy for Target?

Louis Johnston, chair of the Department of Economics at the College of Saint Benedict and Saint John's University, says merging the two Minnesota-based companies could be a win-win for the state's economy. (Photo Courtesy: MinnPost illustration by Christopher Henderson)
  • Author:
  • Updated:
    Original:

Louis Johnston, chair of the Department of Economics at the College of Saint Benedict and Saint John's University, says merging the two Minnesota-based companies could be a win-win for the state's economy. (Photo Courtesy: MinnPost illustration by Christopher Henderson)

Next Up

Tettegouche State Park bridge
MN News

Trails reopen as waters subside, but bridges damaged at Tettegouche State Park

Water levels on the river have dropped about six to eight feet since Friday.

Keith Harvell
MN News

Body pulled from Mississippi River ID'd as missing Elk River man

Keith Harvell had been missing since early last month.

900 W Broadway Ave, Minneapolis, Minnesota - July 2021
MN News

2 victims identified in double-fatal north Minneapolis shooting

A 21-year-old man and a 51-year-old man were identified as the people who died at the scene this past weekend.

Proctor football
MN News

Former Proctor HS football player pleads guilty to sexual assault of teammate

The case will also remain in juvenile court, with conditions.

Screen Shot 2022-05-17 at 2.05.54 PM
MN Music and Radio

Lineup for returning Canterbury Park Concert Series revealed

Tickets go on sale Friday.

Doug Wardlow
MN News

Doug Wardlow reneges on promise, will challenge GOP's AG candidate in primary

Wardlow's announcement sparked swift criticism from the MN GOP and the party-endorsed candidate, Jim Schultz.

Flickr - welcome to minnesota sign - Tony Webster
Minnesota Life

US News '150 Best Places to Live' features 1 from MN, 3 from WI

The latest US News list is for the most populous metro areas only, so no small towns.

tornado
MN Weather

7 tornadoes touched down last week in western MN, ND

Two of the seven were EF-2 level tornadoes, according to the National Weather Service.

covid
MN Coronavirus

Minnesota's COVID-19 update for Tuesday, May 17

72 hours of case data reported over the weekend is included in Tuesday updates.

Anton's Restaurant
MN Food & Drink

Floodwaters sweep through restaurant in Waite Park

The Sauk River crested on Monday.

Stallings surveillance footage - screengrab - crop
MN News

City of Minneapolis, Jaleel Stallings reach $1.5M settlement

Although a settlement was made, the city will not admit fault or take any responsibility for the incident as part of the agreement with Stallings.

Kayak
MN News

2 rescued after kayaks capsize on Sauk River

Recent heavy rainfall produced a strong currents on the water.

Related

MN News

Could Best Buy be a takeover target?

Raking in more than $1 billion in cash every year and sitting on very little debt, the retailer has become a tempting target for a private takeover, according to what industry analysts are telling the Star Tribune.

MN News

Best Buy, Target draw kudos for holiday ads

MN News

Target, Best Buy to help eBay launch same-day delivery service

Ebay Inc. is teaming up with some of the nation's biggest retailers, including Minneapolis-based Target and Richfield-based Best Buy, to test a same-day delivery service, Reuters reports. The move comes as rival Amazon.com Inc., the world's largest online retailer, is building more warehouses to deliver items faster and cheaper.

MN News

Target, Best Buy, Supervalu among retailers impacted by Hurricane Sandy

Minneapolis-based Target and Richfield-based Best Buy closed roughly 200 stores on the east coast because of Hurricane Sandy on Monday. Eden Prairie-based Supervalu closed about 20 of its Acme Market stores.

MN News

Best Buy pulls plug on Geek Squad test with Target

MN News

Former Roxio/Napster CEO targets Best Buy in lawsuit

Former Roxio/Napster CEO Christopher Gorog has filed suit against Best Buy. Gorog, who was CEO of the digital music business when Best Buy purchased it in 2008, claims the Minneapolis-based electronics retailer did not honor a monetary agreement after he and the company parted ways.

MN News

Best Buy renews online price-matching policy

MN News

Geek Squad's senior VP to exit Best Buy