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25 Sep: Best Buy Provides Investor Update on Building the New Blue Growth Strategy

Company Sets Financial Targets for Fiscal 2025

September 25, 2019

MINNEAPOLIS–Best Buy Co., Inc. (NYSE:BBY) will host an investor update this morning to highlight the progress it has made on its Building the New Blue growth strategy, detail how it plans to move forward with the strategy and discuss the company’s long-term financial outlook.

Best Buy CEO Corie Barry and other members of the executive team will outline the next phase of the company’s strategy, called Building the New Blue: Chapter Two.

By Best Buy Exclude From Home Page Uncategorized

20 Aug: Best Buy CEO Statement On Boca Raton Event

One of our customers in the Boca Raton, Florida area was tragically attacked yesterday and has since passed away. We are profoundly sorry and offer our deepest sympathies to her family. Out of respect for them, we have closed our Boca Raton store today.

Beyond working with law enforcement in any way we can, we have suspended our relationship with the small, local company that was subcontracted to deliver to the customer’s home. In the hours after we initially learned what happened, we immediately revisited our delivery and installation programs and, in the coming days, will do two things: 1) ensure all our processes were followed and 2) work with our delivery partners to do anything more we can to help ensure that this type of tragedy will not happen again.

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24 Jul: Best Buy Names Company Veteran, Matt Bilunas, Its New Chief Financial Officer

Previous CFO, Corie Barry, Assumed Role of Best Buy CEO in June 2019

Minneapolis, July 24, 2019 – Best Buy Co., Inc. today announced that Matt Bilunas, the company’s Senior Vice President of Enterprise and Merchandise Finance, will be promoted to Chief Financial Officer, effective July 29, 2019.

A 13-year veteran of Best Buy, Bilunas has risen through the company’s finance organization and has held both corporate and field roles along with domestic and international positions. As the SVP of Enterprise and Merchandise Finance since 2017, he has been responsible for the company’s planning processes, including strategic planning, annual budgeting, monthly forecasting and capital planning.

By Best Buy Company News Exclude From Home Page Sustainability

19 Jun: Best Buy sets first goal to help consumers reduce carbon emissions and save billions on utilities as it commits to further reduce its own carbon use

MINNEAPOLIS – (June 19, 2019) – After reducing its carbon emissions more than 50 percent, Best Buy is committing to achieve an even greater impact. For the first time, the company has set a goal to help consumers reduce their carbon emissions by 20 percent* and save $5 billion on utility costs by 2030, while it works to decrease its own emissions 75 percent** over the same period.

The new goals were announced today by Best Buy at the Circularity19 conference in Minneapolis and are included in its latest Corporate Responsibility and Sustainability Report.

By Best Buy Exclude From Home Page Technology

09 May: Mom’s day is every day, gift her useful tech that lasts

We all know our moms deserve the very best. But how can we properly express our appreciation with last-minute gifts?

Fortunately, Best Buy is here to help with a top tech wish list perfect for every type of mom on the school board (and then some)!

Soccer moms

Our moms are the ultimate cheerleaders and marathon racers. They hike lawn chairs to sports meets, steer valuable cargo against parade crowds and juggle after-school equipment three times their weight. Portable chargers like the Anker PowerCore 20,000 mAh are a great way for any busy mom who’s on the go for long periods of time to stay fully charged — and fully connected — amid a packed agenda.

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15 Apr: Best Buy Evolves Leadership Roles as Part of Succession Planning Process

Hubert Joly to become Executive Chairman of the Board of Directors

Corie Barry, current CFO and Chief Strategic Transformation Officer, to become new CEO

Mike Mohan to become President and COO

MINNEAPOLIS, [April 15, 2019] – Best Buy Co., Inc. (NYSE: BBY) today announced that its board of directors has elected Corie Barry, currently the company’s Chief Financial and Strategic Transformation Officer, to become Chief Executive Officer, effective following the company’s annual meeting of shareholders on June 11, 2019. At that time, Hubert Joly, Best Buy’s current Chairman and Chief Executive Officer, will transition to the newly created role of Executive Chairman of the Board.

By Keegan Shoutz Exclude From Home Page Technology

08 Mar: Here are 4 ways to level up on Mario Day

From his stylish overalls to that handsome mustache, Nintendo’s Mario is not just a true original of the gaming world, he’s a full-on legend.

Every year, March 10, or Mar10, is celebrated as “Mario Day” (get it? Mar10 looks like MARIO!) and Nintendo fans worldwide will celebrate by powering up their gaming consoles and taking on Bowser and his minions. But aside from saving the Mushroom Kingdom and chasing down those gold coins, our team at Best Buy wanted to give you four additional ways to pay homage to our favorite superhero.

By John Vomhof Jr. Company News Exclude From Home Page

05 Mar: Why Best Buy’s employee training program is world class

Customers don’t just come to Best Buy for the latest tech. They come for our knowledgeable employees who can provide expert service to help them find the right products and solutions that meet their needs.

It doesn’t happen by chance. Last year, our employees participated in millions of hours of training in classrooms and online. Sessions range from new-hire orientations to product knowledge to leadership development.

We’ve built a reputation as an industry leader for our efforts. We just ranked No.

By Keegan Shoutz Exclude From Home Page Technology

18 Feb: Catch ‘em all at Best Buy’s in-store Pokémon parties

Pokémon trainers unite! Feb. 23 is your chance to catch ‘em all at our Pokémon Trade & Play events taking place at select Best Buy stores across the United States.

From 11 a.m. to 2 p.m., trainers 16 and under can celebrate the all-new Sun & Moon cards while trading other cards and enjoying Pokémon-themed activities. Free booster packs containing three-card mini packs, activity sheets, Pokémon coins and guides will be available while supplies last.

It all leads up to National Pokémon Day, which is Feb.

By Kirsten Morell Company News Exclude From Home Page

12 Feb: Best Buy continues support for DACA recipients

Best Buy Chairman and CEO Hubert Joly signed on to a letter Monday with more than 100 business and industry leaders continuing the company’s support for “Dreamers.” They’re the approximately 800,000 undocumented young adults who are allowed to live and work in the United States under the Deferred Action for Childhood Arrivals (DACA) program.

The letter calls for Congress “to act immediately and pass a bipartisan, permanent legislative solution to enable Dreamers who are currently living, working and contributing to our communities to continue doing so.”

By John Vomhof Jr. Company News Exclude From Home Page

23 Dec: It’s not too late to find a great gift at Best Buy

Don’t worry, procrastinators. It’s not too late to score the perfect gift for everyone on your holiday shopping list. (And no, you don’t have to settle for shopping at your local gas station.)

Whether you’re checking the final items off your list or just getting started — we’re looking at you, dudes — Best Buy still has lots of great options available.

Best Buy stores are open 7 a.m. to 6 p.m. on Monday, Dec. 24 (Christmas Eve). And you can order online at BestBuy.com

By Suzanne Hilker Community Relations Company News Exclude From Home Page Sustainability

16 Nov: Cleveland Teen Tech Center is filling the talent pipeline

When you think of tech jobs, it’s often the creators of products and services who come to mind – the programmers, engineers and entrepreneurs.

But tech jobs come in many shapes and sizes. Some are behind the scenes, but just as crucial, like repair technicians or quality control associates. Through our Best Buy Teen Tech Centers, we are preparing teens for all of the tech jobs of the future.

Our newest Teen Tech Center in Cleveland is doing just that. Regency Technologies, one of our longstanding electronics recycling partners, co-sponsored this Teen Tech Center, specifically with our Career Pathways program in mind.

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