Tag: Best Buy

by The City Wire staff -

Best Buy said to cut 2,400 jobs

Best Buy Co. will cut 2,400 jobs, or about 1.4% of its workforce, starting immediately, according to a person familiar with the plans. About 600 Geek Squad tech support jobs…

by The City Wire staff -

Best Buy placed on credit watch

Standard & Poor's Ratings Services placed its 'BBB-' corporate credit rating and other ratings on Richfield, Minn.-based Best Buy Co. Inc. on CreditWatch with negative implications. This rating is one…

by The City Wire staff -

Size matters in retail

With the recent announcement of some Best Buy stores closing and others downsizing, it appears retailers are trying to figure out what size matters. Best Buy said Friday (March 29)…