MINNEAPOLIS (AP) -- Best Buy Co. said it plans to close 50 U.S. big box stores and open 100 small mobile locations in the U.S. in fiscal 2013 and cut $800 million in costs by fiscal 2015. The news came Thursday as the biggest U.S. specialty electronics retailer posted a fiscal fourth quarter loss partly due to restructuring charges....

Topics:  minneapolis ap     best buy co   u.s    cut   costs   close   stores   fiscal   
BING NEWS:
  • The Fed Cut Rates. Mortgage Costs Went Up.
    Average 30-year mortgages have climbed to around 6.7% since the Fed started lowering rates in September. And they are only poised to rise further.
    12/19/2024 - 8:31 pm | View Link
  • The Fed Cut Rates and Signaled a Long Fight Against Inflation
    Jerome Powell, the Fed chair, said that the central bank cut rates after each of its last three meetings because inflation had significantly slowed, but that it was a “closer call” this time. He added ...
    12/18/2024 - 10:08 am | View Link
  • Use AI to cut costs or grow revenue? You can do both in sales, says Gong
    Research shows that enterprise leaders are split on whether to use AI to cut costs or grow revenue. Using AI in sales can do both, says Gong.
    12/16/2024 - 9:13 pm | View Link
  • Walgreens could 'aggressively' cut costs if privately owned, analyst says
    "As a private company, WBA [Walgreens Boots Alliance] would have more flexibility to make major changes to the business, in our view, and aggressively cut costs to try to tackle ... announced plans to ...
    12/11/2024 - 12:49 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News