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Best Buy (NYSE: BBY) reported significant restructuring costs in Q1 as it overhauled its health care business, which is ...
Chief Executive Corie Barry said Best Buy's in-home health initiatives with healthcare industry partners have taken longer to ...
Best Buy initiated a major restructuring effort within its health business in the first quarter of fiscal year 2026, incurring $109 million in restructuring charges.
The retailer logged a $109 million charge related to the restructuring in its first quarter. Some home health services have ...
The relationship between Geek Squad resources and Best Buy Health have also been clarified. In addition to the restructuring, the chain is deploying a select number of Geek Squad agents to focus ...
Electronics retailer Best Buy said Thursday it will close 50 big box stores in the U.S. and cut 400 jobs in corporate and support areas as it changes the focus of its operations to mobile.
created last year to sell and deliver medical technology that helps with in-home health care. Best Buy recorded $169 million in restructuring charges for its recent fourth quarter that were ...
Its Best Buy Health division touts itself as using “tech-enabled human interactions to transform the home into a site of care.” Its stores already sell Fitbits and other wellness-related ...
Wall Street analysts commented on the Best Buy Co Inc (NYSE: BBY) restructuring plans for its Canadian operations. "Best Buy announced the closure of 66 Future Shop stores, and the transition of ...