Star Tribune
Inc. executives gave in November to a room of investors and analysts was 55 slides. There is always an element of show business involved in putting on a proper New York investor day, and so renting a ballroom and then showing just eight slides...
United Press International
U.S. retail giant Best Buy said Tuesday it had laid off 400 workers from its corporate headquarters in a cost-saving plan it calls "Renew Blue." Best Buy said it "executed ... the first phase" of an initiative announced in November by President and...
The Orange County Register
Electronics chain Best Buy Co. says it is cutting 400 jobs at its headquarters as part of a larger $725 million cost-cutting plan. The cuts are part of a move to save $150 million in selling, general and administrative costs. Best Buy says they're...
Los Angeles Times
Inc. said Tuesday that it is cutting 400 employees at its Richfield, Minn., headquarters in an effort to save $150 million. Most of the savings won't come from salaries, according to a company statement , and for now, the so-called Blue Shirt sales...
Edgewater View
The cuts and other actions will eliminate about $150 million in selling, general and administrative expenses, the Richfield, Minnesota-based company said today in an e-mailed statement. Joly, who took charge in September, is working on a plan...