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Best Buy

NEW YORK, NY - MAY 22: Guests attend the kick-off event for the Skinny Cow celebration tour of the 25th anniversary of Dirty Dancing with Jennifer Grey at Best Buy Theater on May 22, 2012 in New York City.

Newsday's coverage

  • Best Buy founder steps down after probe

    he failed to alert the board of directors that the CEO was having an inappropriate relationship with a female employee. Best Buy said Monday that a probe it launched in March determined that former chief executive Brian Dunn, who resigned last month, violated   Read more »

  • Arrest in gift card scam

    Valley Stream woman who worked at the Lawrence Best Buy was arrested on charges that she processed fraudulent gift cards using stolen credit-card information, Nassau police said.Oluwaseun Bankole, 25, was working as a sales associate for Best Buy at 345 Rockaway   Read more »

  • Best Buy CEO steps down amid probe

    unrelated to the company's operations or financial controls, and an audit committee investigation was initiated," a Best Buy representative said. "Prior to the completion of the investigation, Mr. Dunn chose to resign."The change in management, with board   Read more »

  • GameStop sees solid future despite video game shift to digital

    the 19 analysts who follow GameStop, none of them have a "sell" rating on the stock while 11 analysts have a "buy" or "strong buy" rating, according to Thomson Reuters data. Eight analysts have a "hold" or "underperform" rating.But GameStop's share price,   Read more »

  • Best Buy to cut costs and close stores

    But it was a smaller drop than a year earlier when the company reported a 4.7 percent decline. For the full year, Best Buy lost $1.23 billion, or $3.36 per share, compared with a profit of $1.28 billion, or $3.08 per share, in the prior year. Adjusted earnings   Read more »

More newsday coverage »

About Best Buy

Best Buy Co., Inc. (NYSE: BBY) is a Fortune 500 company and the largest specialty retailer of consumer electronics in the United States, Canada, Mexico, and China, accounting for 21% of the market. The company's subsidiaries include Geek Squad, Magnolia Audio Video, Pacific Sales, and, in Canada the Best Buy Canada subsidiary operates most stores under the Future Shop label. Together these operate more than 1,150 stores in the United States, Puerto Rico, Canada, China, Mexico and Turkey. The company's corporate headquarters are located in Richfield, Minnesota, USA. On June 26, 2007, Best Buy announced a 40% increase in its operations, with plans to operate more than 1,800 stores worldwide, including 1,400 Best Buy stores in the U.S.

from Wikipedia