Best Buy Says Chairman Tyabji Will Retire June 9
Electronics retailer Best Buy says Chairman Hatim Tyabji will retire June 9, and President and CEO Hubert Joly will become its chairman.
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Electronics retailer Best Buy says Chairman Hatim Tyabji will retire June 9, and President and CEO Hubert Joly will become its chairman.
Best Buy is laying off 500 full-time and 1,000 part-time employees in Canada as it consolidates operations. The Richfield, Minnesota-based company also announced Saturday that it will close 66 of its Future Shop locations and rebranding the remaining 65 as Best Buy stores. The Future Shop website will be folded into Best Buy's site.
Best Buy Co. (BBY) on Tuesday reported fiscal fourth-quarter earnings of $519 million. On a per-share basis, the Richfield, Minnesota-based company said it had net income of $1.46. Earnings, adjusted for one-time gains and costs, came to $1.48 per share.
Roseville police are searching for two men who robbed at gunpoint a Best Buy mobile store in the HarMar Mall.
Our cold winter temperatures make a lot of things difficult, from travel to just getting the mail.
With only a pair of days still left until Christmas, analysts are already predicting a milestone shopping season for retailers. This past weekend alone added up to the biggest two-day sales period ever, totaling $42 billon. Of course many shoppers aren't finished yet.
Ring in the holidays with fun, décor and gifts at these festive markets.
The Target store in Roseville opens at 6 p.m. Thursday and shoppers were lined up ready to go. While there are a lot of stores opening early this Thanksgiving, there was one stop we found that had people lining up for days.
Several workers unions in the Twin Cities are planning to kick off a series of strikes and protests on Black Friday, one of the busiest shopping days of the year.
Best Buy says its revenue edged up in the third quarter, a positive sign for the electronics retailer as the holiday season kicks off.
This year the Black Friday stampede will start earlier than ever. Best Buy , Toys "R" US and JCPenney have all announced they will open at 5 p.m. Thanksgiving Day. Target is joining Sears, Kohl's and Macy's with 6 p.m. Thanksgiving openings. Last year those four stores opened at 8 p.m.
When it comes to holiday shopping, last-minute free shipping can be a saving grace for the procrastinator. "With shopping, I do put things off," said Maggie McGill of Plymouth. Burned by missed Christmas deliveries last year, more stores plan to make you order early. Of the 92.3 percent of retailers polled who plan to offer free-standard shipping of some sort this holiday season.
Five Minnesotans are among the 400 richest people in America, according to the Forbes 400 list which was released Monday morning. The highest-ranking Minnesotan is former Cargill CEO Whitney MacMillian, who is number 133. The Minneapolis resident and great-grandson of William Cargill is worth $3.9 billion.
The world's largest internet company could be building a distribution center in Minnesota. The Minneapolis/St Paul Business Journal says Amazon is looking to offer same day delivery in the Land of 10,000 Lakes.
A Best Buy employee is accused of using the computer at his Coon Rapids store to dramatically lower prices on high-end electronics.
Today is the day tech geeks and Apple fans the world over have been waiting for. The latest iPhones, the iPhone 6 and 6 plus have hit stores.
Is America's love affair with gadgets fading? Best Buy and Sears on Thursday both blamed their weak quarterly results on the fact that shoppers aren't shelling out for consumer electronics.
Best Buy says a big tax benefit and cost-cutting pushed it to a profit in its fiscal first quarter. But its sales fell short of expectations, sending its stock lower.
We've been following the recovery of a Minneapolis police officer who desperately needed a kidney donor, and found one after a two-year search. The donor was 20-year-old Sebastian Rivera, University of Minnesota student who he'd never met.
Best Buy returned to a profit in the fourth quarter and topped Wall Street expectations as it cut costs to offset declining sales. The specialty electronics retailer says it gained market share during the quarter and shares jumped 5 percent in premarket trading Thursday.
On Sunday, sports fans will be huddling around a big screen TV to watch the Super Bowl, which could help explain the surge in TV sales this week. The National Retail Federation said around 7.7 million TVs are sold in the week leading up to the Super Bowl, the most popular being 50 inches or bigger.
Shares of Best Buy sank 27 percent after the company said sales declined during the holiday shopping season, which was marked by weak consumer spending and heavy sales promotions by retailers.
Turkey Day has become a story of two birds: the kind you eat and the early kind. With fewer shopping days between Thanksgiving and Christmas this year, stores like Target, Best Buy and Toys R Us opened on Thanksgiving night.
Electronics retailer Best Buy Co. returned to a profit in the third quarter as the busy holiday season revs up. But the company says it expects a tough competitive environment during the holiday season.
More and more stores are announcing that they'll be open on Thanksgiving, and some will even be opening earlier. It's a phenomena some call the "Thanksgiving creep." On Monday, Target announced they would open on 8 p.m. on Thanksgiving - an hour earlier than last year. Another hometown company, Best Buy, will open even earlier, at 6 p.m.
Residents in the Twin Cities are keeping a close eye on public schools for U.S. Immigration and Customs Enforcement activity amid operations targeting Somali immigrants in the area.
A student is recovering after a school bus collided with a Metro Transit light rail train in St. Paul on Friday morning.
Car thieves aren't waiting for the sun to rise in the suburbs of the Twin Cities, and neither are the police.
A combination of cold weather and fresh powder serves as a beacon for cross country skiers, eager to hit the trails.
Residents of a South Minneapolis apartment building say they've been without heat for weeks as a bitter blast of winter weather continues.
A student is recovering after a school bus collided with a Metro Transit light rail train in St. Paul on Friday morning.
Car thieves aren't waiting for the sun to rise in the suburbs of the Twin Cities, and neither are the police.
A combination of cold weather and fresh powder serves as a beacon for cross country skiers, eager to hit the trails.
Residents of a South Minneapolis apartment building say they've been without heat for weeks as a bitter blast of winter weather continues.
A 28-year-old man previously convicted of sexual assault in Minnesota has been federally charged with kidnapping a 15-year-old girl in 2017 and kidnapping a woman earlier this year, according to court documents filed Thursday.
Out of the 1,500 men on his ship, Del Thielke was the only one selected to be aboard the USS Missouri when the peace treaty was signed.
The owner of the historic Lutsen Resort on Minnesota's North Shore has been charged with arson and insurance fraud more than a year after a fire destroyed the resort's lodge.
Minnesota will see a higher-than-expected surplus for this current budget, but is expected to see a deficit in the future due to spending outpacing revenues, according to state budget experts.
Police in Duluth, Minnesota, say a mountain lion has been spotted in the city recently.
The holidays are upon us, and in the town of Kellogg, Minnesota, you'll find a toy store unlike any other.
River Falls hosts St. John's this weekend in round three of the NCAA tournament.
Bodycam video captured a sheriff's deputy in Racine County, Wisconsin, saving the life of a little girl from a house fire that killed her mother and the family dog earlier this week.
A divided Wisconsin Supreme Court has agreed to take a case brought by the American Civil Liberties Union on behalf of an immigrant rights group.
A Democrat who served four years as Wisconsin's lieutenant governor and narrowly lost a 2022 U.S. Senate bid is running for governor in the battleground state.
Organizers at Mt. Telemark Village in Cable say there's no shortage of reasons to head north.
Firefighters are continuing a 44-year tradition that happens every year north of the Twin Cities.
It was a scary moment in the Twin Cities over the weekend, as a trailer hauling sled dogs turned over on Interstate 494 in Minnetonka.
On Sunday, members of Minnesota's Somali community spoke out against President Trump's social media post calling for an end to temporary protected status.
Two hundred Thanksgiving meals were distributed to this community by Second Harvest Heartland and the Thielen Foundation.
A Minnesota nonprofit is getting a major boost this week as dozens of college students spend their morning sorting donated shoes to support families in need.
The Supreme Court said Friday it will decide the legality of President Trump's executive order that seeks to end birthright citizenship.
In July 2019, Minnesota state officials spotted early signs of fraud that would eventually siphon away more than $1 billion in taxpayer money, sources told CBS News.
Minneapolis City Council leaders are set to roll out what they’re calling a “people-centred budget."
Minnesota's state budget could go from boom to bust. A new forecast shows a $2.5 billion surplus for the current budget but a $3 billion deficit in the next one. WCCO's Caroline Cummings explains the drop and how it could impact you.
Inspire Change Clinic opened its doors in Minneapolis with a simple mission: provide access to marginalized communities. On Thursday afternoon, the clinic should have been bustling with a waiting room filled with families. Instead, the clinic was empty.
The holidays are upon us, and in the town of Kellogg, Minnesota, you'll find a toy store unlike any other.
When we do winter weather stories, there's always that one line people use: cold, snow, ice — it's just what happens here. And this week, Ticket King president Michael Nowakowski said that same idea kind of applies to Minnesota Vikings ticket prices.
Thanksgiving is a big day for the farmers who raise the centerpiece of Americans' dinner tables on the last Thursday of November. But in Minnesota, the nation's top turkey producer, the work doesn't stop once the national holiday ends.
A family-owned Linden Hills bar and restaurant is closing its doors for Thanksgiving, but opening the kitchen for those who need it most.
On the eve of Thanksgiving, Sentyrz Liquor & Supermarket turned into holiday headquarters for last-minute shoppers.
Car thieves aren't waiting for the sun to rise in the suburbs of the Twin Cities, and neither are the police.
A 28-year-old man previously convicted of sexual assault in Minnesota has been federally charged with kidnapping a 15-year-old girl in 2017 and kidnapping a woman earlier this year, according to court documents filed Thursday.
A man who law enforcement say was armed with a large knife when a deputy shot him in Monticello, Minnesota, now faces charges.
Police said this is the city's 13th homicide of the year.
The special edition locket was inspired by the James Bond film "Octopussy," which revolves around a plot to steal a rare Faberge egg.
Inspire Change Clinic opened its doors in Minneapolis with a simple mission: provide access to marginalized communities. On Thursday afternoon, the clinic should have been bustling with a waiting room filled with families. Instead, the clinic was empty.
Minnesotans who welcomed a child this year were able to start applying this week to the state's new paid family and medical leave program to take time off in 2026.
Cases always rise in colder months, with the use of furnaces and people working on gas motors in closed garages.
A jury has awarded an Iowa woman a $19.8 million verdict against the Mayo Clinic and a colorectal surgeon in a lawsuit brought in Minnesota courts, according to her attorneys.
ByHeart said it can't rule out that all of its baby formula across all product lots could be contaminated, citing recent test results.
Frank Gehry was known for designing the Guggenheim Museum Bilbao in Spain and the Walt Disney Concert Hall in Los Angeles.
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
The yellow childhood home of the Purple One is abandoned and in need of some TLC, despite the City of Minneapolis recently granting it landmark status.
Legendary rock 'n roll band Guns N' Roses is hitting the road again next year and will make a stop in Shakopee, Minnesota.
Jimmy Cliff, who famously sang about the "many rivers" we all must cross, has died after suffering a seizure and pneumonia, his family say.
Early in the winter season, there are always good nonconference matchups in Minnesota, including Friday, when the Chanhassen girls basketball team visited Blaine. Plus, see the results of other exciting prep games in Minneapolis, Shakopee, Andover and other areas in the state.
River Falls hosts St. John's this weekend in round three of the NCAA tournament.
Julius Randle had 28 points and nine rebounds, carrying Minnesota on a quiet night from Anthony Edwards, and the Timberwolves beat the New Orleans Pelicans 125-116 on Thursday night.
J.J. McCarthy has returned to the lineup for the Minnesota Vikings, refreshed after an injury absence to resume his much-delayed development with a better perspective on how to handle this most difficult job.
A White Bear Lake Native, Bill Butters lived a hockey life through and through – playing for coach Herb Brooks at the University of Minnesota before embarking on a pro career throughout most of the 1970s with the Minnesota Fighting Saints and the Minnesota North Stars.
Minnesotans who welcomed a child this year were able to start applying this week to the state's new paid family and medical leave program to take time off in 2026.
Minnesotans who welcomed a child in this year can start applying to the state's new paid family and medical leave program to take time off in 2026. In Talking Points, Esme Murphy spoke with Matt Varilek, the commissioner of the state's Department of Employment and Economic Development about the program's rollout and who qualifies for the program.
Minnesotans who welcomed a child this year were able to start applying this week to the state's new paid family and medical leave program to take time off in 2026.
Minnesota lawmakers and small businesses are scrambling to get a piece of new federal legislation overturned that they say would eliminate Minnesota's hemp industry.
A new federal law threatens the hemp industry that Democratic U.S. Sen. Amy Klobuchar says provides 2,700 Minnesota jobs and has generated $16 million in taxes for the state through nine months in 2025.
The holidays are upon us, and in the town of Kellogg, Minnesota, you'll find a toy store unlike any other.
With the holidays fast approaching, and lutefisk on the menu for many families, one Minnesota town has the distinction of being called the "Lutefisk Capital of the Country."
How would you like to own a former Cold War missile site? In Dakota County, Minnesota, there's a one-of-a-kind property that could be yours for the right price.
It's a photograph found in homes across the country, and even overseas. The picture "Grace" shows a man bowing his head in prayer with food and what appears to be a Bible in front of him.
Fall harvest means barns across the Midwest are a busy place — but for a central Minnesota woman, they aren't just farm buildings, they're works of art.
It is the food that is top of mind right now, but did you know more turkeys come from Minnesota than anywhere else in the country?
Minnesota, Minneapolis, Minnehaha, Minnetonka, Minnewaska, Minneota. Those are just some of the place names in "the Land of 10,000 Lakes" featuring "minne" as the first five letters.
As we approach Thanksgiving, we wanted to do a deep dive into gratefulness, and why it makes us feel better.
Many commuters know the Interstate 394 and Interstate 94 interchange seems to back up almost every afternoon. And you face the choice: should you wait in the back of the line or try to get closer and swoop in?
According to the Minnesota Christmas Tree Association, 50% of their farms open before Thanksgiving, which used to be unheard of.
Minnesotans got a great view of the northern lights Tuesday night.
A look at the newest addition to the polar bear population at St. Paul, Minnesota's Como Zoo.
From food shelves to school programs, our team is proud to serve where it matters most.
The Minnesota State Fair has unveiled its new food, drinks and vendors for 2025.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
Showers moving through southern Minnesota on Saturday may drop up to 5 inches of snow in some areas, according to Next Weather meteorologist Lisa Meadows. The Twin Cities could see up to 3 inches as the system moves through.
In Minnesota, weather can be all over the place. Here at WCCO, we want to give you what you need to prepare for what's happening next.
Snow will cover southern Minnesota on Saturday, according to Next Weather meteorologist Lisa Meadows, with the system partially hitting the Twin Cities metro.
A combination of cold weather and fresh powder serves as a beacon for cross country skiers, eager to hit the trails.
Residents of a South Minneapolis apartment building say they've been without heat for weeks as a bitter blast of winter weather continues.
Early in the winter season, there are always good nonconference matchups in Minnesota, including Friday, when the Chanhassen girls basketball team visited Blaine. Plus, see the results of other exciting prep games in Minneapolis, Shakopee, Andover and other areas in the state.
Showers moving through southern Minnesota on Saturday may drop up to 5 inches of snow in some areas, according to Next Weather meteorologist Lisa Meadows. The Twin Cities could see up to 3 inches as the system moves through.
U.S. Immigration and Customs Enforcement activity in the Twin Cities has some parents and teachers dealing with scared students. Conor Wight explains what schools and parents are doing to address fears during the federal enforcement.
Snow will cover southern Minnesota on Saturday, according to Next Weather meteorologist Lisa Meadows, with the system partially hitting the Twin Cities metro.
In 1990, WCCO aired a report called "The Iron Crib," which exposed the horrible living conditions of thousands of children crowded into Romanian orphanages. Many Minnesota families saw their plight and opened their hearts and homes through adoption. Photojournalist Tony Peterson shows us how one of those orphans recently connected with her past.