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Keyword: bestbuy

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  • CVS announces it will close THREE HUNDRED stores by the end of 2024 and 600 more by 2027 - 10% of the chain's stores

    09/26/2023 6:19:54 AM PDT · by dennisw · 60 replies
    DAILYMAIL.COM ^ | 26 September 2023 | JAMES REYNOLDS
    As it moves to an online strategy amid rampant increase in shoplifting CVS is making drastic reforms to adjust to the needs of modern online shoppers Rival Walgreens also plans to shut 150 stores as part of a modernization drive CVS is set to close hundreds of stores across the country as they undergo a complete retail overhaul – as more stores move towards online sellers amid rampant increases in crime. The major drugstore chain has announced that they will be culling 300 stores by the end of 2024, and 600 more by 2027, around ten percent of all shops....
  • Woke Best Buy Announces Closure of 24 Stores This Year with an Additional 10-15 Expected by Next Year

    03/25/2024 7:58:44 AM PDT · by george76 · 23 replies
    Gateway Pundit ^ | Mar. 25, 2024 | Jim Hᴏft
    In a recent earnings call, Best Buy, a woke retail giant, announced the closure of 24 stores in 2024, with an additional 10-15 stores expected to shut down in the fiscal year 2025. While the specific locations of the impending closures have not been disclosed, this decision is part of Best Buy’s broader efforts to adapt its retail footprint to the changing consumer shopping habits in an increasingly digital marketplace. As of now, Best Buy operates over 1,000 stores across the United States. “In fiscal ’24, we closed 24 stores. And in fiscal ’25, we expect to close 10 to...
  • Best Buy says it will close 10 to 15 stores in 2024

    03/21/2024 6:59:45 AM PDT · by ChicagoConservative27 · 35 replies
    The Hill ^ | 03/21/2024 | PATTY COLLER, ADDY BINK AND ASHLEIGH JACKSON
    (WKBN) — Best Buy is looking to close some stores this year and work to offer a smaller experience for customers in some markets. The company is looking to close 10 to 15 stores, following the closing of 24 stores last year, CFO Matthew Bilunas said during a fourth-quarter earnings call with investors last month. He explained that Best Buy will “close existing traditional stores during our rigorous review of stores as their leases come up for renewal.” The company cited consumer spending habits, lowering of product innovation during the pandemic, and “supply challenge years,” among other things.
  • Best Buy to close more than a dozen stores this year according to earnings call

    03/20/2024 8:36:50 AM PDT · by CFW · 26 replies
    wsbtv2 ^ | 3/20/24 | Debbie Lord
    The electronics retailer Best Buy is set to close 10 to 15 stores this year and into early next year, according to an earnings call last week where the CEO blamed declining sales. On the earnings call, Best Buy CEO Corie Barry said the company needs “to strike a balance between its workforce and consumer interest,” according to The Austin American-Statesman. The chain closed 24 of its more than 1,000 stores last year. Earlier this month, two Best Buy locations closed – one in Colorado and one in Minnesota.
  • JUST IN: Best Buy Fires Whistleblower Who Went Public After Exposing Manager’s Ban on Christian Symbols at the Workplace – So He’s Fighting Back with a Lawsuit

    09/03/2023 9:01:01 AM PDT · by george76 · 30 replies
    Gateway Pundit ^ | Sep. 2, 2023 | Cristina Laila
    Best Buy fired Enis Sujack, the whistleblower who went public after exposing the manager’s ban on Christian symbols at the workplace. Earlier this month O’Keefe Media Group (OMG) dropped a story featuring a whistleblower from inside Best Buy who released screenshots of a training program. A Citizen Journalist has revealed Best Buy is partnering with McKinsey & Company on a Management Training Program. The program is not open to white applicants. “Candidates must meet the [racial] requirements below” ... The program is only for employees who “identify as Black, Latino, Hispanic, Asian or Pacific Islander.” ... DISCRIMINATION: A Citizen Journalist...
  • BREAKING: @LibertyMutual partnered with the same company as Best Buy to offer a “management training program” which excludes white people

    08/16/2023 12:49:17 PM PDT · by DFG · 52 replies
    Twitter ^ | 08/16/2023 | Libs of TikTok
    BREAKING: @LibertyMutual partnered with the same company as Best Buy to offer a “management training program” which excludes white people. “Current program criteria include” not being white. Liberty Mutual discriminates against white employees.
  • Geek Squad employee says bosses mandated LGBT indoctrination, banned Christian symbols

    08/14/2023 6:30:31 PM PDT · by Golden Eagle · 18 replies
    Life Site News ^ | August 12, 2023 | Ashley Sadler
    A Christian employee of Geek Squad, the tech support arm of major electronics corporation Best Buy, was reportedly rebuked and told that he couldn’t display evidence of his Christian beliefs after he objected to the LGBT flags and other paraphernalia adorning the office space. The report comes after another “citizen journalist” went public with a screenshot of a training program made available exclusively to non-white Best Buy employees, sparking accusations of racial discrimination. The Geek Squad employee, Christian Serbian immigrant Enis Sujak of Jacksonville, Florida, said he was told by his manager that the LGBT rainbow flags and other “pride”...
  • Best Buy accused of ‘discrimination’ in management training program requirements

    08/09/2023 2:03:59 PM PDT · by one guy in new jersey · 27 replies
    BizPacReview Business & Politics ^ | August 9, 2003 | Tom Tillison
    Corporate America’s complete surrender to DEI (diversity, equity, and inclusion) standards and ESG (environmental, social and governance) efforts is only beginning to be exposed, as cowardly CEOs place greater importance on Corporate Equality Index scores issued by the left-wing Human Rights Campaign than they do the satisfaction of loyal consumers — see Bud Light. One brand after another is suddenly in the headlines for selling out, sometimes costing them billions of dollars, as seen recently with Target and its “tuck-friendly” swimwear targeting children, and Best Buy seems eager to be next in line it seems. O’Keefe Media Group (OMG) shared...
  • Best Buy lays off hundreds at stores as sales move online

    04/14/2023 6:15:29 PM PDT · by dynachrome · 48 replies
    Fox Business ^ | 4-14-23 | Sarah Nassauer
    Best Buy Co. is cutting store jobs across the country, as the electronics and appliance retailer works to lower costs and shift its business as more sales happen online. This week, many store workers that specialize in selling more complex products such as computers and smartphones, dubbed "consultants" inside the company, were told their jobs would be eliminated, according to people familiar with the situation. The decision affects hundreds of jobs across the more than 900 U.S. stores that Best Buy operates, the people said. The tasks performed by consultants will be moved to a smaller number of similar roles...
  • Man in wheelchair and his female companion arrested at Best Buy (Florida)

    03/02/2023 12:04:43 PM PST · by Tolerance Sucks Rocks · 51 replies
    The Villages-News ^ | February 27, 2023 | Staff Report
    A man in a wheelchair and his female companion were arrested in an alleged shoplifting scheme at Best Buy in Lady Lake. Matthew Mehrhoff, 48, of Umatilla, was in a wheelchair in the store shortly before 11 a.m. Saturday and was being pushed by 21-year-old Miranda Sue Chapman, also of Umatilla, when store personnel noticed that the pair were behaving in a suspicious manner, according to an arrest report from the Lady Lake Police Department. They were seen on surveillance making contact with merchandise packaging followed by Mehrhoff placing an item in his jacket and zipping it up. Store personnel...
  • Best Buy deliveryman beat Evelyn Smith Udell to death, set her on fire

    01/26/2023 5:06:59 PM PST · by conservative98 · 36 replies
    NY Post ^ | January 26, 2023 | Snejana Farberov
    A Florida Best Buy delivery driver has been found guilty of bludgeoning a 75-year-old customer to death with a rubber hammer and setting her on fire. Jorge Dupre Lachazo, 24, was convicted by a Palm Beach County circuit judge Wednesday of first-degree murder, burglary and arson following a three-day bench trial, according to court records. Lachazo faces mandatory life in prison when he’s sentenced on April 5. Lachazo and another man delivered a washer and dryer purchased from Best Buy to Evelyn Smith Udell’s Boca Raton home on Aug. 19, 2019, officials said. After installing the appliances, the other man...
  • None shall pass! Moment Best Buy workers line up as NFL defense team as they try to stop three shoplifters from making off with stolen phones

    05/10/2022 10:54:54 AM PDT · by Morgana · 25 replies
    Daily Mail UK ^ | May 10, 2022 | Alex Hammer
    Best Buy staffers showed a football-style defense while attempting to a stop a gang of shoplifters from making off with several phones from one of the store's display tables, security footage shows. In the now viral clip, workers at the electronics retailer can be seen giving their best goal line defense in an attempt to thwart the three would-be robbers, who stormed into the store and ripped the three cellphones from a display and attempted to flee. However, during the time it took for the robbers to rip the devices from their displays, observant staffers on the floor were quick...
  • Best Buy recalls 772,000 Insignia air fryers over fires, melting

    04/23/2022 1:54:36 PM PDT · by BenLurkin · 20 replies
    NY Post ^ | April 22, 2022 | Lucas Manfredi,
    The recall covers approximately 635,000 Insignia Digital Air Fryers, Insignia Analog Air Fryers and Insignia Digital Air Fryer Ovens in the US and about 137,000 in Canada. The products, which were manufactured in China, were sold at Best Buy stores nationwide and online at bestbuy.com, eBay and Google from November 2018 through February 2022 for between $30 and $150. The brand name Insignia is on the top or front of each unit. A rating label can be found on the underside of each unit, identifying the brand and model number. The model numbers of the recalled products include NS-AF32DBK9, NS-AF32MBK9,...
  • Best Buy issues recall for air fryers, air fryer ovens due to fire, burn hazards

    04/22/2022 12:14:29 PM PDT · by ButThreeLeftsDo · 18 replies
    KSTP.com ^ | 4/22/22 | Krystal Frasier
    Best Buy is recalling certain air fryers and air fryer ovens. According to the company, about 635,000 units in the United States, as well as another 137,000 in Canada, are being recalled due to an issue with overheating, which can cause fire and burn hazards. So far, the company says it has received a total of 104 reports of incidents from U.S. and Canadian consumers regarding air fryers or air fryer ovens starting on fire, burning or melting. In addition, Best Buy says there are seven reports of minor property damage, as well as two different injuries, which include a...
  • Woke companies that funded BLM agenda now complain about looters, thieves on the loose

    12/13/2021 10:52:09 AM PST · by karpov · 16 replies
    The Blaze ^ | December 13, 2021 | Daniel Horowitz
    We definitely need to get tougher on sentencing looters and store robbers, but we should exempt those criminals from prison time if they loot one of the big corporations that helped spawn this epidemic of shoplifting to begin with. Last week, the Retail Industry Leaders Association, representing 20 major retailers, sent a letter to Congress asking legislators to deal with the growing theft, shoplifting, and “smash-and-grab” mob attacks on retail stores. The corporations represented include giants like Target, Best Buy, Nordstrom, Home Depot, and CVS. "As millions of Americans have undoubtedly seen on the news in recent weeks and months,...
  • Looters rampage through suburban Minneapolis Best Buy

    11/27/2021 9:27:19 AM PST · by ChicagoConservative27 · 68 replies
    Nypost ^ | 11/27/2021 | ISABEL VINCENT
    A mob of 20 to 30 suspected looters converged on a Minnesota mall, rampaging through a Best Buy electronics store — the latest in a rash of “flash mob” type thefts across the US in recent weeks. The incident in suburban Minneapolis, which police said involved no weapons, took place near the Burnsville mall Friday night. Police did not have an estimate on how much merchandise was allegedly stolen.
  • Best Buy CEO says the trauma from rising retail thefts could force employees to quit

    11/23/2021 11:48:11 AM PST · by karpov · 74 replies
    CNBC ^ | November 23, 2021 | Melissa Repko
    Best Buy CEO Corie Barry said Tuesday that rising theft is hitting the company’s profits and could hurt employee retention at a time when the labor market is tight, especially in the retail industry. She said the retailer has seen a noticeable jump in organized crime, with people coming to stores to steal consumer electronics — and in some cases, bringing a weapon such as a gun or a crowbar. She said the company will prioritize the safety of customers and employees, even if that means criminals are running out the door with thousands of dollars of merchandise. “These are...
  • Best Buy Crashes As Margins Slide Due To “Organized Retail Theft”

    11/23/2021 10:54:55 AM PST · by blam · 43 replies
    Nation And State ^ | 11-23-2021
    Liberal socialist utopias such as California are a blessing for deadbeat klepto hobos from around the world thanks to the state’s lack of prosecution of shoplifting, but the same policies are becoming a major headache for nationwide retailers such as Best Buy which this morning reported that despite beating on the top and bottom line (revenues of $11.9 billion vs expectations of $11.7BN, EPS of $2.08, beating est of $1.96), its margins missed, echoing the same margin crunch theme that emerged recently with big box retailers such as Walmart. Gross margin fell 0.1% to 23.5%, Best Buy said, missing the...
  • Best Buy Crashes As Margins Slide Due To "Organized Retail Theft"

    11/23/2021 10:49:14 AM PST · by SeekAndFind · 25 replies
    Nation and State ^ | 11/23/2021 | Tyler Durden
    Liberal socialist utopias such as California are a blessing for deadbeat klepto hobos from around the world thanks to the state's lack of prosecution of shoplifting, but the same policies are becoming a major headache for nationwide retailers such as Best Buy which this morning reported that despite beating on the top and bottom line (revenues of $11.9 billion vs expectations of $11.7BN, EPS of $2.08, beating est of $1.96), its margins missed, echoing the same margin crunch theme that emerged recently with big box retailers such as Walmart.Gross margin fell 0.1% to 23.5%, Best Buy said, missing the 23.6%...
  • WTH? Best Buy Sends Out Email to Employees After Breonna Taylor Decision — Allows Time Off to Mourn Decision

    09/24/2020 9:07:22 AM PDT · by maggief · 90 replies
    The Gateway Pundit ^ | September 24, 2020 | Jim Hoft
    EXCERPT Despite the decision by the Grand Jury Best Buy Corporation sent out an email to employees defending the mob, criticizing the grand jury and offering time off to those employees who need to mourn the court’s decision.