| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-08-01 | restructuring | in_progress | Domestic (United States) | Domestic segment | USD -11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2026 Labor and Store Optimization Initiative, Domestic component; commenced in second quarter of fiscal 2026 (exact date not disclosed). Six months ended August 1, 2026 charge of $(11) million, second quarter $(3) million — credits driven by higher-than-expected employee retention. Includes closure of select non-traditional store locations. Termination-benefit accrual $26 million at period end, payments primarily fiscal 2027-2028. Employee counts not disclosed. | ||||
| 2026-08-01 | restructuring | in_progress | International (Canada) | International segment | USD 0 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | International component of the Fiscal 2026 Labor and Store Optimization Initiative; no charges incurred in the second quarter or first six months of fiscal 2027. Cumulative termination benefits of $3 million since inception. Employee counts not disclosed. | ||||
| 2026-08-01 | restructuring | completed | Best Buy Health and global sourcing | USD -2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Best Buy Health Optimization and China Sourcing Initiative; commenced first quarter of fiscal 2026, exit of a Best Buy Health component finalized in second quarter of fiscal 2026. Six months ended August 1, 2026 charge of $(2) million, second quarter $(1) million. No material liability remains; employee counts not disclosed. | |||||
| 2026-08-01 | restructuring | in_progress | Domestic (United States) | Domestic segment | USD -2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2024 Restructuring Initiative; commenced in fourth quarter of fiscal 2024. Six months ended August 1, 2026 charge of $(2) million, second quarter $(2) million. Remaining termination-benefit accrual of $26 million relates to the Domestic segment, with payments expected primarily in fiscal 2028. Employee counts not disclosed. | ||||
| 2026-08-01 | restructuring | in_progress | 2026-02-01 | Domestic | Labor and Store Optimization | USD -3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2026 Labor and Store Optimization Initiative. Q2 2027 charge of $(3)M represents adjustments for higher-than-expected employee retention. Cumulative charge $106M. | |||
| 2026-08-01 | restructuring | in_progress | 2026-02-01 | Domestic | Labor and Store Optimization | USD -11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2026 Labor and Store Optimization Initiative. YTD 2027 charge of $(11)M represents adjustments for higher-than-expected employee retention. | |||
| 2026-08-01 | restructuring | completed | 2026-02-01 | Global | Best Buy Health Optimization and China Sourcing | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q2 2027 charge of $(1)M. No material liability remains as of August 1, 2026. | |||
| 2026-08-01 | restructuring | completed | 2026-02-01 | Global | Best Buy Health Optimization and China Sourcing | USD -2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD 2027 charge of $(2)M. No material liability remains as of August 1, 2026. | |||
| 2026-08-01 | restructuring | in_progress | 2025-02-01 | Domestic | Fiscal 2024 Restructuring Initiative | USD -2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q2 2027 charge of $(2)M represents adjustments for higher-than-expected employee retention. Remaining accrual $26M. | |||
| 2026-08-01 | restructuring | in_progress | 2025-02-01 | Domestic | Fiscal 2024 Restructuring Initiative | USD -2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD 2027 charge of $(2)M represents adjustments for higher-than-expected employee retention. | |||
| 2026-08-01 | restructuring | in_progress | USD -6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2026-05-02 | restructuring | in_progress | 2025-05-01 | Domestic (U.S.) and International (Canada) | Field labor, select non-traditional store locations, corporate resources | USD -8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Commenced Q2 fiscal 2026; Q1 fiscal 2027 reflects a $8M credit from higher-than-expected employee retention. Cumulative charges $109M ($106M Domestic, $3M International); termination-benefit accrual $29M at quarter end. No employee count disclosed. | |||
| 2026-05-02 | restructuring | completed | 2026-02-01 | 2026-04-30 | Domestic (U.S.) | Best Buy Health; China sourcing | USD -1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit of a Best Buy Health component finalized during Q2 fiscal 2026; no material liability remains at May 2, 2026. Prior-year comparative charge of $111M not extracted. No employee count disclosed. | ||
| 2026-05-02 | restructuring | in_progress | 2023-11-01 | Domestic (U.S.) | Field labor and corporate resources | USD 0 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | No charges incurred in Q1 fiscal 2027; termination-benefit accrual of $30M remains, with cash payments expected primarily in fiscal 2028. No employee count disclosed. | |||
| 2026-05-02 | plant_closure | in_progress | Domestic (U.S.) and Canada | Store operations (Yardbird, Outlet Centers, Canada Best Buy Mobile) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Store count declined from 1,108 to 1,065 year over year (Yardbird 21 to 2; Outlet Centers 24 to 18; Canada Mobile 29 to 12). Filer does not explicitly quantify associated workforce reductions. | |||||
| 2026-05-02 | restructuring | in_progress | 2026-04-01 | Domestic | Field resources, corporate resources, non-traditional store locations | USD -8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2026 Labor and Store Optimization Initiative. Commenced in Q2 FY2026. Q1 FY2027 charge of $(8)M represents adjustments primarily related to higher-than-expected employee retention. Cumulative charges $109M. No specific employee count disclosed for this period's adjustment. | |||
| 2026-05-02 | restructuring | completed | 2026-02-01 | Domestic | Best Buy Health | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Best Buy Health Optimization and China Sourcing Initiative. Commenced in Q1 FY2026. Exit of component finalized in Q2 FY2026. Q1 FY2027 charge of $(1)M. No material liability remains. | |||
| 2026-05-02 | plant_closure | in_progress | Domestic | Yardbird | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Yardbird store count decreased from 21 to 2. Specific workforce impact not quantified in this filing. | |||||
| 2026-05-02 | restructuring | in_progress | USD -9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2026-01-31 | restructuring | in_progress | United States (Domestic segment) | Retail field operations, store closures, and corporate functions | USD 114 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Domestic portion of initiative commenced in Q2 fiscal 2026 to align field resources with changing customer behaviors, close select non-traditional store locations, and redirect corporate resources. Charge comprises $68M termination benefits and $46M asset impairments and other costs. No material future charges expected; $42M termination-benefit accrual remains at year-end, payable primarily in fiscal 2027; additional store closures expected in fiscal 2027. Headcount affected not disclosed. | ||||
| 2026-01-31 | restructuring | in_progress | Canada (International segment) | Retail field operations and store closures | USD 3 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | International portion of the same Q2 fiscal 2026 initiative; charge is entirely termination benefits. $3M accrual remains at year-end, payable primarily in fiscal 2027. Headcount affected not disclosed. | ||||
| 2026-01-31 | restructuring | in_progress | United States (Domestic segment) | Best Buy Health business; sourcing/supply chain (China tariff exposure reduction) | USD 101 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Commenced Q1 fiscal 2026 to optimize Best Buy Health and reduce tariff exposure in China; included exit of a Best Buy Health component finalized in Q2 fiscal 2026 (related subsidiary disposal, $27M cash outflow). Charge comprises $71M asset impairments and other costs and $30M termination benefits. No material future charges expected; $10M severance accrual remains, payable primarily in fiscal 2027. Headcount affected not disclosed. | ||||
| 2026-01-31 | restructuring | in_progress | United States (Domestic segment) | Enterprise-wide (field labor and corporate resources) | USD -26 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Legacy enterprise-wide initiative commenced in Q4 fiscal 2024; original workforce reduction occurred in prior years. Fiscal 2026 activity is net favorable adjustments with no new charges, primarily from higher-than-expected employee retention. Cumulative Domestic charges of $140M through 2026-01-31; remaining $31M Domestic accrual payable primarily in fiscal 2028. | ||||
| 2026-01-31 | restructuring | in_progress | Canada (International segment) | Enterprise-wide | USD -2 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | International portion of legacy Q4 fiscal 2024 initiative; fiscal 2026 activity is net favorable adjustments from higher-than-expected employee retention. Cumulative International charges of $6M through 2026-01-31. | ||||
| 2026-01-31 | restructuring | in_progress | United States | Domestic | USD 114 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Commenced in Q2 fiscal 2026 to align field resources with customer behavior, close select non-traditional store locations and redirect corporate resources. Domestic charges comprise $68M termination benefits and $46M asset impairments/other costs. Includes closure of non-traditional Domestic stores (total Domestic store count fell from 957 to 926 during the year); additional closures expected in fiscal 2027. No employee count disclosed; company states no material future charges expected for this initiative. | ||||
| 2026-01-31 | restructuring | in_progress | Canada | International | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | International component of the same initiative, entirely termination benefits ($3M). Includes closure of select non-traditional International locations (total International store count fell from 160 to 142, including Best Buy Mobile stand-alone stores from 31 to 12). No employee count disclosed. | ||||
| 2026-01-31 | restructuring | completed | United States | Domestic — Best Buy Health | USD 101 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Commenced in Q1 fiscal 2026; includes the exit of a component of the Best Buy Health business finalized in Q2 fiscal 2026 ($71M asset impairments and other costs, including full impairment of net assets of that component, plus $30M termination benefits) and changes to reduce China tariff exposure. No employee count disclosed; no material future charges expected. | ||||
| 2026-01-31 | restructuring | in_progress | 2026-04-01 | United States and Canada | Domestic and International | USD 117 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2026 Labor and Store Optimization Initiative commenced in Q2 FY26. Includes store closures and labor optimization. Charges include $71M termination benefits and $46M asset impairments/other costs. | |||
| 2026-01-31 | restructuring | completed | 2026-01-01 | United States | Best Buy Health | USD 101 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Best Buy Health Optimization and China Sourcing Initiative commenced in Q1 FY26. Includes exit of a component of Best Buy Health business. Charges include $30M termination benefits and $71M asset impairments/other costs. | |||
| 2026-01-31 | restructuring | completed | 2024-10-01 | Global | Enterprise-wide | USD -28 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2024 Restructuring Initiative. Negative charge represents adjustments primarily related to higher-than-expected employee retention. Cumulative charges for this program were $146M. | |||
| 2026-01-31 | restructuring | in_progress | 2025-07-01 | United States and Canada | Domestic and International | USD 117 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2026 Labor and Store Optimization Initiative commenced in Q2 FY2026. Includes termination benefits and asset impairments. Employee count not explicitly disclosed. | |||
| 2026-01-31 | restructuring | completed | 2025-04-01 | United States | Best Buy Health | USD 101 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Best Buy Health Optimization and China Sourcing Initiative commenced in Q1 FY2026. Includes exit of a component of Best Buy Health business. Employee count not explicitly disclosed. | |||
| 2026-01-31 | restructuring | in_progress | 2024-10-01 | United States and Canada | Enterprise-wide | USD -28 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2024 Restructuring Initiative. Negative charge reflects adjustments primarily related to higher-than-expected employee retention. Employee count not explicitly disclosed for current year activity. | |||
| 2026-01-31 | restructuring | in_progress | USD 190,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2026-01-31 | restructuring | in_progress | Fiscal 2026 Labor & Store Optimization [Member] / Domestic Segment [Member] | USD 78,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2026-01-31 | restructuring | in_progress | Fiscal 2026 Labor & Store Optimization [Member] / International Segment [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2026-01-31 | restructuring | in_progress | Fiscal 2026 Labor & Store Optimization [Member] | USD 81,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2026-01-31 | restructuring | in_progress | Employee Severance [Member] / Best Buy Health Optimization And China Sourcing Initiative [Member] | USD 38,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2026-01-31 | restructuring | in_progress | Asset Impairment And Other Restructuring Costs [Member] / Best Buy Health Optimization And China Sourcing Initiative [Member] | USD 28,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2026-01-31 | restructuring | in_progress | Best Buy Health Optimization And China Sourcing Initiative [Member] | USD 66,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-11-01 | restructuring | in_progress | United States | Domestic — field labor and store footprint | USD 121 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Commenced Q2 fiscal 2026; aligns field resources with customer behavior, closes select non-traditional Domestic stores, redirects corporate resources. Charge is nine-month total through 2025-11-01 (includes $41M asset impairments, $80M termination benefits). No employee count disclosed; company does not expect material future charges. Store closures also referenced in MD&A Store Summary. | ||||
| 2025-11-01 | restructuring | in_progress | United States | Domestic — Best Buy Health; China sourcing | USD 102 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Commenced Q1 fiscal 2026; optimizes Best Buy Health profitability and reduces China tariff exposure, including exit of a Best Buy Health component finalized in Q2 fiscal 2026. Charge is nine-month total through 2025-11-01 (includes $70M asset impairments/other costs, $32M termination benefits). No employee count disclosed; no material future charges expected. | ||||
| 2025-11-01 | divestiture_reduction | completed | United States | Domestic — Best Buy Health | USD 4 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit of a component of Best Buy Health; $4M loss on disposal and $27M cash outflow recorded in the nine months ended 2025-11-01. Headcount removed not disclosed. | ||||
| 2025-11-01 | restructuring | in_progress | 2025-05-01 | Domestic | Field resources, corporate resources | USD 121 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2026 Labor and Store Optimization Initiative commenced in Q2 FY26. Charges include termination benefits and asset impairments related to planned store closures. | |||
| 2025-11-01 | restructuring | in_progress | 2025-02-01 | Domestic | Best Buy Health, Sourcing | USD 102 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Best Buy Health Optimization and China Sourcing Initiative commenced in Q1 FY26. Includes exit of a component of Best Buy Health business. | |||
| 2025-11-01 | restructuring | in_progress | 2024-11-01 | Enterprise-wide | Field labor, corporate resources | USD -5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2024 Restructuring Initiative. Negative charge represents adjustments primarily related to higher-than-expected employee retention. | |||
| 2025-11-01 | restructuring | in_progress | USD -5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2025-11-01 | restructuring | in_progress | Fiscal 2026 Labor & Store Optimization [Member] / Domestic Segment [Member] | USD 78,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-11-01 | restructuring | in_progress | Fiscal 2026 Labor & Store Optimization [Member] / International Segment [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-11-01 | restructuring | in_progress | Fiscal 2026 Labor & Store Optimization [Member] | USD 81,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-11-01 | restructuring | in_progress | Employee Severance [Member] / Best Buy Health Optimization And China Sourcing Initiative [Member] | USD 38,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-11-01 | restructuring | in_progress | Asset Impairment And Other Restructuring Costs [Member] / Best Buy Health Optimization And China Sourcing Initiative [Member] | USD 28,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-11-01 | restructuring | in_progress | Best Buy Health Optimization And China Sourcing Initiative [Member] | USD 66,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-08-02 | restructuring | in_progress | Domestic (United States) | Domestic | USD 119 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2026 Labor and Store Optimization Initiative commenced in Q2 FY2026 to align field resources with changing customer behaviors and close select non-traditional store locations. Domestic charge of $119M comprises $78M termination benefits and $41M asset impairments (including an indefinite-lived tradename impairment). No employees-affected count disclosed; total termination benefit accrual across geographies was $81M at 2025-08-02, payable primarily in fiscal 2026. Company does not expect material future charges for this initiative. | ||||
| 2025-08-02 | restructuring | in_progress | International | International | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | International sub-component of the Fiscal 2026 Labor and Store Optimization Initiative, consisting solely of termination benefits. No employees-affected count disclosed; no cash payments related to this initiative during the quarter. | ||||
| 2025-08-02 | restructuring | in_progress | Domestic (United States) | Domestic — Best Buy Health | USD 105 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Best Buy Health Optimization and China Sourcing Initiative commenced in Q1 FY2026; $105M is the six-month charge (Q2 alone was a $6M net credit from adjustments). Includes exit of a Best Buy Health component finalized in Q2 (full impairment of its net assets, $34M gross definite-lived intangibles derecognized, $4M loss on disposal) and sourcing changes to reduce China tariff exposure. Termination benefit accrual of $26M remained at 2025-08-02. No employees-affected count disclosed. | ||||
| 2025-08-02 | plant_closure | announced | 2026-01-31 | Domestic (United States) | Domestic — retail stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plans to reduce the traditional Domestic Best Buy store count by approximately 5 to 10 stores during fiscal 2026 in the normal course of operations, plus closures of select non-traditional Domestic locations under the Labor and Store Optimization Initiative. Expected completion date reflects fiscal year 2026 end (2026-01-31). No associated headcount disclosed; store count was 949 Domestic and 1,105 total at 2025-08-02. | ||||
| 2025-08-02 | restructuring | in_progress | 2025-05-04 | Domestic and International | Field resources, corporate resources, non-traditional store locations | USD 122 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2026 Labor and Store Optimization Initiative commenced in Q2 FY2026. Charges include $81M termination benefits and $41M asset impairments. Employee count not disclosed. | |||
| 2025-08-02 | restructuring | completed | 2025-02-02 | Domestic | Best Buy Health | USD 105 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Best Buy Health Optimization and China Sourcing Initiative commenced in Q1 FY2026. Includes exit of Best Buy Health component finalized in Q2. Charges include $35M termination benefits and $70M asset impairments/other costs. Employee count not disclosed. | |||
| 2025-08-02 | restructuring | in_progress | 2024-11-02 | Domestic and International | Enterprise-wide | USD -4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2024 Restructuring Initiative. Net adjustment of $(4)M in Q2 FY2026 due to higher-than-expected employee retention. Cumulative charges $170M. Employee count not disclosed. | |||
| 2025-08-02 | restructuring | in_progress | USD 114,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2025-08-02 | restructuring | in_progress | Employee Severance [Member] / Best Buy Health Optimization And China Sourcing Initiative [Member] | USD 38,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-08-02 | restructuring | in_progress | Asset Impairment And Other Restructuring Costs [Member] / Best Buy Health Optimization And China Sourcing Initiative [Member] | USD 28,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-08-02 | restructuring | in_progress | Best Buy Health Optimization And China Sourcing Initiative [Member] | USD 66,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-05-03 | restructuring | in_progress | 2026-01-31 | United States | Domestic segment — Best Buy Health business; China sourcing/supply chain | USD 111 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Best Buy Health Optimization and China Sourcing Initiative commenced in Q1 FY2026; exact announcement date not disclosed. Charge comprises $73M asset impairments and other costs (primarily full impairment of net assets for an exited Best Buy Health component) and $38M termination benefits. No headcount affected disclosed; no cash payments in the quarter; restructuring accrual was $66M at 2025-05-03 with expected future cash payments primarily during fiscal 2026. Company does not expect material future charges from this initiative. | |||
| 2025-05-03 | restructuring | completed | 2023-12-01 | United States; Canada | Enterprise-wide (Domestic and International segments) | USD -2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Legacy Fiscal 2024 Restructuring Initiative: current-quarter activity was a $2M net reduction from higher-than-expected employee retention versus planned organizational changes; $6M cash payments made in the quarter and $77M termination-benefit accrual remained at 2025-05-03. Company states no material future charges expected. Announcement date reflects commencement in the fourth quarter of fiscal 2024 (approximate). | |||
| 2025-05-03 | restructuring | in_progress | 2025-02-02 | Domestic | Best Buy Health | USD 111 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Initiative focused on optimizing Best Buy Health business and exiting a component. Charges include $73M asset impairments and $38M termination benefits. Employee count not disclosed. | |||
| 2025-05-03 | restructuring | in_progress | 2024-11-02 | Domestic | Enterprise-wide | USD -2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2024 Restructuring Initiative. Negative charge represents adjustments primarily related to higher-than-expected employee retention. Employee count not disclosed. | |||
| 2025-05-03 | restructuring | in_progress | USD 109,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2025-02-01 | restructuring | completed | United States | Domestic segment — enterprise-wide field labor and corporate functions | USD 3 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Fiscal 2025 Domestic net charge of $3M: gross termination-benefit charges of $18M less $15M favorable adjustments from higher-than-expected employee retention. Fiscal 2025 cash payments $86M; $80M accrual remained at 2025-02-01; cumulative Domestic charges $166M. Initiative commenced in Q4 fiscal 2024 to align field labor with customer demand, redirect corporate resources, and right-size for the fiscal 2025 revenue outlook; no material future charges expected. Number of employees affected not disclosed. | ||||
| 2025-02-01 | restructuring | completed | Canada | International segment | USD 0 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Fiscal 2025 International net charge of zero: $2M gross termination-benefit charges fully offset by $2M favorable adjustments. Fiscal 2025 cash payments $3M; $5M accrual remained at 2025-02-01; cumulative International charges $8M. Same enterprise-wide initiative as the Domestic component; headcount affected not disclosed. | ||||
| 2025-02-01 | restructuring | completed | United States | Domestic segment | USD -6 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Fiscal 2025 activity consisted solely of a $6M favorable adjustment related to higher-than-expected employee retention from previously planned organizational changes; filer states no material fiscal 2025 accrual activity and no material liability remains at 2025-02-01. Initiative commenced in Q2 fiscal 2023 with cumulative charges of $121M. Headcount not disclosed. | ||||
| 2025-02-01 | plant_closure | announced | 2025-03-19 | United States | Domestic segment — Best Buy stores | MD&A f5-10k / GLM-5.3-flash-HTML | Company expects to reduce Domestic Best Buy store count by approximately 5 to 10 stores during fiscal 2026; no headcount or charge impact disclosed. Announced via the fiscal 2025 Form 10-K filed 2025-03-19. | ||||
| 2025-02-01 | restructuring | in_progress | United States and Canada | Domestic and International segments — enterprise-wide | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Commenced in Q4 of fiscal 2024 (announcement date not specified); FY2025 net charge of $3M (Domestic $3M, International $0) reflects $20M of charges less $17M of adjustments for organizational changes not executed and higher-than-expected retention; cumulative $174M through fiscal year-end; $85M accrual remained at 2025-02-01; filer states no material future charges expected; employees affected not disclosed | ||||
| 2025-02-01 | restructuring | completed | United States and Canada | Domestic and International segments — enterprise-wide | USD -6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year program commenced in Q2 of fiscal 2023; only current-year activity shown — a $(6)M adjustment (Domestic $(6)M) in fiscal 2025; cumulative $121M through fiscal year-end; no material liability remained at 2025-02-01; employees affected not disclosed | ||||
| 2025-02-01 | restructuring | completed | 2024-10-01 | Global | Enterprise-wide | USD -3 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Enterprise-wide initiative commenced in Q4 FY2024. Charges primarily comprised of adjustments to employee termination benefits and higher-than-expected retention. Net benefit of $3 million recorded in FY2025. | |||
| 2025-02-01 | restructuring | completed | 2023-05-01 | Global | Enterprise-wide | USD -6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Enterprise-wide initiative commenced in Q2 FY2023. Net benefit of $6 million recorded in FY2025 due to adjustments. | |||
| 2025-02-01 | restructuring | in_progress | 2024-11-02 | Global | Enterprise-wide | USD -3 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2024 Restructuring Initiative commenced in Q4 FY2024. FY2025 charges were negative $3 million due to adjustments for higher-than-expected employee retention. Cumulative charges $174 million. | |||
| 2025-02-01 | restructuring | completed | 2023-08-05 | Global | Enterprise-wide | USD -6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2023 Resource Optimization Initiative. FY2025 charges were negative $6 million due to adjustments. No material liability remains as of Feb 1, 2025. | |||
| 2025-02-01 | restructuring | in_progress | USD -3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2024-11-02 | restructuring | in_progress | United States | Domestic | USD 169 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2024 Restructuring Initiative, commenced in Q4 fiscal 2024; charges are cumulative employee termination benefits as of 2024-11-02. No employee counts disclosed. Accrual balance $87M (Domestic) at period end; no material future charges expected. | ||||
| 2024-11-02 | restructuring | in_progress | International (Canada) | International | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | International component of the Fiscal 2024 Restructuring Initiative; charges are cumulative as of 2024-11-02. No employee counts disclosed. Accrual balance $6M at period end. | ||||
| 2024-11-02 | restructuring | completed | United States | Domestic | USD 122 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2023 Resource Optimization Initiative (commenced Q2 fiscal 2023); cumulative charges as of 2024-11-02. No material liability remains and no further material charges expected. No employee counts disclosed. | ||||
| 2024-11-02 | restructuring | completed | International (Canada) | International | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | International component of the Fiscal 2023 Resource Optimization Initiative; cumulative charges as of 2024-11-02. No employee counts disclosed. | ||||
| 2024-11-02 | plant_closure | announced | United States | Domestic | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2025 plan to reduce Domestic Best Buy store count by approximately 10 to 12 stores, disclosed in MD&A; no associated workforce impact or charge quantified in the filing. | |||||
| 2024-11-02 | restructuring | in_progress | 2024-02-03 | Domestic | Enterprise-wide | USD -4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2024 Restructuring Initiative. Charges comprised of employee termination benefits. Negative charge reflects adjustments primarily related to higher-than-expected employee retention. | |||
| 2024-11-02 | restructuring | in_progress | 2024-02-03 | International | Enterprise-wide | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2024 Restructuring Initiative. No charges recorded in the three months ended November 2, 2024. | |||
| 2024-11-02 | restructuring | completed | 2023-05-06 | Domestic | Enterprise-wide | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2023 Resource Optimization Initiative. No material liability remains as of November 2, 2024. No charges recorded in the three months ended November 2, 2024. | |||
| 2024-11-02 | restructuring | completed | 2023-05-06 | International | Enterprise-wide | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2023 Resource Optimization Initiative. No material liability remains as of November 2, 2024. No charges recorded in the three months ended November 2, 2024. | |||
| 2024-11-02 | restructuring | in_progress | USD -4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2024-08-03 | restructuring | in_progress | Domestic (United States) | Domestic | USD 173 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Enterprise-wide initiative commenced in Q4 fiscal 2024; charges are employee termination benefits. $173M is cumulative through 2024-08-03 ($10M in first six months of fiscal 2025); accrual balance $107M. No employee counts disclosed; no material future charges expected. | ||||
| 2024-08-03 | restructuring | in_progress | International (Canada) | International | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Same enterprise-wide initiative as the Domestic record; $8M cumulative through 2024-08-03 (no charge in first six months of fiscal 2025); accrual balance $7M. No employee counts disclosed. | ||||
| 2024-08-03 | restructuring | completed | Domestic (United States) | Domestic | USD 122 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2023 Resource Optimization Initiative, commenced Q2 fiscal 2023; $122M cumulative charge through 2024-08-03. Current-period amounts are credits from higher-than-expected employee retention; no material liability remains. | ||||
| 2024-08-03 | restructuring | completed | International (Canada) | International | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2023 Resource Optimization Initiative, International component; $3M cumulative charge through 2024-08-03. No material liability remains. | ||||
| 2024-08-03 | plant_closure | announced | Domestic (United States) | Domestic — Best Buy stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company expects to close approximately 10 to 15 Domestic Best Buy stores during fiscal 2025 as leases expire; no employee counts or charges disclosed. Total stores declined from 1,129 to 1,120 year over year. | |||||
| 2024-08-03 | restructuring | in_progress | 2024-01-27 | Domestic | Enterprise-wide | USD -7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2024 Restructuring Initiative commenced in Q4 FY2024. Q2 FY2025 domestic charge of $7M reflects adjustments for higher-than-expected employee retention. | |||
| 2024-08-03 | restructuring | in_progress | 2024-01-27 | International | Enterprise-wide | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2024 Restructuring Initiative. Q2 FY2025 international charge of $1M. | |||
| 2024-08-03 | restructuring | completed | 2023-04-29 | Domestic | Enterprise-wide | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2023 Resource Optimization Initiative. Q2 FY2025 domestic charge of $1M reflects adjustments for higher-than-expected employee retention. No material liability remains. | |||
| 2024-08-03 | restructuring | in_progress | USD -7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2024-05-04 | restructuring | in_progress | United States | Domestic | USD 180 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2024 Restructuring Initiative, commenced in Q4 fiscal 2024; all charges are employee termination benefits. Cumulative charge of $180M as of May 4, 2024 ($17M in Q1 FY2025). Accrual balance $171M at quarter-end; no headcount affected disclosed. Company does not expect material future charges from this initiative. | ||||
| 2024-05-04 | restructuring | in_progress | International (Canada) | International | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2024 Restructuring Initiative, International component; cumulative charge of $7M as of May 4, 2024, including a $(1)M adjustment in Q1 FY2025 from higher-than-expected employee retention. Accrual balance $7M at quarter-end; no headcount affected disclosed. | ||||
| 2024-05-04 | plant_closure | announced | United States | Domestic | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Management expects to close approximately 10 to 15 Domestic Best Buy stores during fiscal 2025 as part of ongoing lease-expiration evaluation; no associated headcount or charge disclosed. | |||||
| 2024-05-04 | restructuring | in_progress | 2024-02-03 | Domestic | Enterprise-wide | USD 17 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2024 Restructuring Initiative commenced in Q4 FY2024. Q1 FY2025 charges of $17M primarily for employee termination benefits. Cumulative charges $180M. | |||
| 2024-05-04 | restructuring | in_progress | 2024-02-03 | International | Enterprise-wide | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2024 Restructuring Initiative. Q1 FY2025 adjustment of $(1)M primarily related to higher-than-expected employee retention. Cumulative charges $7M. | |||
| 2024-05-04 | restructuring | in_progress | 2023-05-06 | Domestic | Enterprise-wide | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2023 Resource Optimization Initiative. Q1 FY2025 reduction of $1M primarily related to higher-than-expected employee retention. | |||
| 2024-05-04 | restructuring | in_progress | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2024-05-04 | restructuring | in_progress | Employee Severance / Two Thosand Twenty Three Resource Optimization Initiative / Segment Continuing Operations | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-02-03 | restructuring | in_progress | United States (Domestic segment) | Enterprise-wide — field labor and corporate resources | USD 163 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Enterprise-wide initiative commenced in fiscal Q4 2024 to align field labor with customer shopping patterns, redirect corporate resources and right-size for the fiscal 2025 revenue outlook. Fiscal 2024 charge of $163 million of employee termination benefits; termination-benefits liability of $163 million at 2024-02-03 with no cash payments during fiscal 2024. Additional fiscal 2025 charges of roughly $10-30 million expected, primarily Domestic; up to $135 million payable in fiscal 2025 with the remainder in fiscal 2026. Affected headcount not disclosed. | ||||
| 2024-02-03 | restructuring | in_progress | Canada (International segment) | Enterprise-wide | USD 8 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | International component of the same enterprise-wide initiative commenced in fiscal Q4 2024; $8 million of employee termination benefits charged in fiscal 2024, equal to the termination-benefits liability at 2024-02-03. Affected headcount not disclosed. | ||||
| 2024-02-03 | restructuring | in_progress | United States and Canada | Enterprise-wide | USD 127 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year program commenced in fiscal 2023; figure is cumulative employee-termination-benefit charges through fiscal year-end 2024-02-03 (Domestic $124 million, International $3 million). Fiscal 2024 activity consisted of $73 million of cash payments and an $18 million adjustment for higher-than-expected employee retention; no new fiscal 2024 charges and no material future charges expected. Remaining accrual of $16 million at 2024-02-03. | ||||
| 2024-02-03 | plant_closure | completed | United States (Domestic segment) | Retail stores — Best Buy, Outlet Centers, Yardbird | MD&A f5-10k / GLM-5.3-flash-HTML | MD&A states 24 large-format stores were closed in fiscal 2024; the Domestic store table shows 27 total closures (24 Best Buy, 2 Outlet Centers, 1 Yardbird). No associated headcount or closure charge disclosed. | |||||
| 2024-02-03 | plant_closure | completed | Canada (International segment) | Best Buy Mobile stores | MD&A f5-10k / GLM-5.3-flash-HTML | One Best Buy Mobile store closed in Canada during fiscal 2024 per the International segment store table; no headcount disclosed. | |||||
| 2024-02-03 | plant_closure | announced | 2024-03-15 | United States (Domestic segment) | Best Buy stores | MD&A f5-10k / GLM-5.3-flash-HTML | Company currently expects to close approximately 10 to 15 Best Buy stores in fiscal 2025 as leases are evaluated at expiration; disclosed in the fiscal 2024 Form 10-K filed 2024-03-15. No headcount estimate disclosed. | ||||
| 2024-02-03 | restructuring | in_progress | United States | Domestic segment | USD 163 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Enterprise-wide initiative commenced in fiscal 2024 Q4; all charges were employee termination benefits. No headcount affected disclosed. No cash payments in fiscal 2024; $163M liability at year-end, up to $135M expected paid in fiscal 2025 with remainder in fiscal 2026. Additional fiscal 2025 charges of $10M-$30M expected. Objectives: align field labor to shopping patterns, redirect corporate resources, right-size for fiscal 2025 revenue outlook. | ||||
| 2024-02-03 | restructuring | in_progress | Canada | International segment | USD 8 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Same enterprise-wide program as the Domestic component; presented separately by the filer. No headcount affected disclosed. $8M termination benefits liability at year-end. | ||||
| 2024-02-03 | plant_closure | completed | United States | Domestic segment — Best Buy large format stores | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 24 large format stores closed during fiscal 2024; associated workforce reduction not quantified. Store roll-forward shows 27 total Domestic stores closed in fiscal 2024 (24 Best Buy, 2 Outlet Centers, 1 Yardbird). Company plans to close approximately 10 to 15 Best Buy stores in fiscal 2025 (forward-looking guidance, not captured as an action). | |||||
| 2024-02-03 | divestiture_reduction | completed | Mexico | International (Mexico operations) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Mexico subsidiary completed in fiscal 2024, generating a $21M gain. Physical store closures and related workforce reductions occurred in prior fiscal years (fiscal 2021-2022); no headcount removed in fiscal 2024 is disclosed. | |||||
| 2024-02-03 | restructuring | in_progress | 2023-10-29 | 2026-02-03 | United States and Canada | Enterprise-wide | USD 171 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2024 Restructuring Initiative commenced in Q4 FY2024. Charges were primarily employee termination benefits. Expected to incur additional charges of $10M-$30M in FY2025. Payments expected through FY2026. Employee count not explicitly disclosed in filing. | ||
| 2024-02-03 | restructuring | completed | 2022-07-03 | United States and Canada | Enterprise-wide | USD -18 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2023 Resource Optimization Initiative. Negative charge represents adjustments primarily related to higher-than-expected employee retention. Program substantially complete. | |||
| 2024-02-03 | restructuring | in_progress | 2023-11-04 | 2026-02-01 | United States and Canada | Enterprise-wide | USD 171 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2024 Restructuring Initiative commenced in Q4 FY2024. Charges comprised of employee termination benefits. Expected to incur additional charges of $10M-$30M in FY2025. Payments expected through FY2026. Employee count not explicitly disclosed. | ||
| 2024-02-03 | restructuring | completed | 2022-08-06 | 2024-02-03 | United States and Canada | Enterprise-wide | USD -18 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2023 Resource Optimization Initiative. Negative charge of $18M in FY2024 represents adjustments primarily related to higher-than-expected employee retention. Cumulative charge $127M. Employee count not explicitly disclosed. | ||
| 2024-02-03 | restructuring | in_progress | USD 153,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2024-02-03 | restructuring | in_progress | Domestic / Employee Severance / Two Thosand Twenty Four Resource Optimization Initiative / Segment Continuing Operations | USD 163,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-02-03 | restructuring | in_progress | International / Employee Severance / Two Thosand Twenty Four Resource Optimization Initiative / Segment Continuing Operations | USD 8,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-02-03 | restructuring | in_progress | Employee Severance / Two Thosand Twenty Four Resource Optimization Initiative | USD 171,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-02-03 | restructuring | in_progress | Domestic / Employee Severance / Two Thosand Twenty Four Resource Optimization Initiative | USD 163,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-02-03 | restructuring | in_progress | International / Employee Severance / Two Thosand Twenty Four Resource Optimization Initiative | USD 8,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-10-28 | restructuring | in_progress | 2022-05 | Domestic and International | Enterprise-wide | USD -16 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine months ended charge of $(16)M reflects credits from higher-than-expected employee retention; cumulative charges of $129M since inception, with a $24M termination-benefit accrual remaining at 2023-10-28. No employees-affected count disclosed; company states no material future charges expected. | |||
| 2023-10-28 | plant_closure | in_progress | 2024-02-03 | United States | Domestic segment — retail stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2024 plan to close 20 to 30 large format stores (approximately 25 Best Buy stores expected); 8 stores closed during the quarter (6 Best Buy, 1 Outlet, 1 Yardbird). No associated headcount or charge disclosed. | ||||
| 2023-10-28 | divestiture_reduction | completed | Mexico | International — Mexico operations | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Mexico subsidiary completed in the second quarter of fiscal 2024 following exit from Mexico operations; $21M gain recognized in the nine months ended 2023-10-28. No headcount removed disclosed. | |||||
| 2023-10-28 | restructuring | in_progress | 2023-04-01 | Domestic | Enterprise-wide | USD -14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2023 Resource Optimization Initiative. Negative charge represents adjustments primarily related to higher-than-expected employee retention. | |||
| 2023-10-28 | restructuring | in_progress | 2023-04-01 | International | Enterprise-wide | USD -2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2023 Resource Optimization Initiative. Negative charge represents adjustments primarily related to higher-than-expected employee retention. | |||
| 2023-10-28 | plant_closure | completed | United States | Domestic | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closed 6 Best Buy stores, 1 Outlet Center, and 1 Yardbird store during the quarter. | |||||
| 2023-10-28 | restructuring | in_progress | USD -16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2023-10-28 | restructuring | in_progress | Domestic / Employee Severance / Resource Optimization Initiative | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-10-28 | restructuring | in_progress | International / Employee Severance / Resource Optimization Initiative | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-10-28 | restructuring | in_progress | Employee Severance / Resource Optimization Initiative | USD -16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-07-29 | restructuring | in_progress | Domestic (United States) | Domestic segment — enterprise-wide resource optimization | USD 125 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cumulative charge of $125M as of July 29, 2023; six months ended July 29, 2023 recorded a net credit of $15M from higher-than-expected employee retention. Initiative commenced in Q2 fiscal 2023; no employee counts or exact announcement date disclosed. Company does not expect material future charges. | ||||
| 2023-07-29 | restructuring | in_progress | International (Canada) | International segment — enterprise-wide resource optimization | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cumulative charge of $4M as of July 29, 2023; six months ended July 29, 2023 recorded a net credit of $1M. Same program as the Domestic component; no employee counts disclosed. | ||||
| 2023-07-29 | plant_closure | completed | United States | Domestic segment — retail stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Two stores closed during the quarter (one Best Buy, one Outlet Center); no employee counts or severance disclosed. Company expects to close 20 to 30 Best Buy stores and open approximately 5 Outlet Centers in fiscal 2024. | |||||
| 2023-07-29 | divestiture_reduction | completed | Mexico | Mexico operations (exited) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Mexico subsidiary completed in the second quarter of fiscal 2024 following exit from Mexico operations; $21M gain recognized. No headcount removed disclosed. | |||||
| 2023-07-29 | restructuring | in_progress | 2023-04-01 | Domestic | Enterprise-wide | USD -7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2023 Resource Optimization Initiative. Negative charge represents adjustments primarily related to higher-than-expected employee retention. | |||
| 2023-07-29 | restructuring | in_progress | 2023-04-01 | International | Enterprise-wide | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2023 Resource Optimization Initiative. No charges recorded for the three months ended July 29, 2023. | |||
| 2023-07-29 | restructuring | in_progress | USD -7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2023-07-29 | restructuring | in_progress | Domestic / Employee Severance / Resource Optimization Initiative | USD -7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-07-29 | restructuring | in_progress | International / Employee Severance / Resource Optimization Initiative | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-07-29 | restructuring | in_progress | Employee Severance / Resource Optimization Initiative | USD -7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-04-29 | restructuring | in_progress | United States | Domestic | USD 132 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2023 Resource Optimization Initiative, commenced in Q2 fiscal 2023; exact announcement date not disclosed. Charge shown is cumulative employee termination benefits since inception as of 2023-04-29. Q1 fiscal 2024 recorded an $8M reduction to the accrual from higher-than-expected retention; remaining Domestic accrual $85M. No employee affected count disclosed; company does not expect material future charges for this initiative. | ||||
| 2023-04-29 | restructuring | in_progress | Canada | International | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Same Fiscal 2023 Resource Optimization Initiative, sub-component presented separately in the accrual roll-forward. Charge shown is cumulative employee termination benefits since inception as of 2023-04-29. Q1 fiscal 2024 recorded a $1M reduction to the accrual; remaining International accrual $2M. No employee affected count disclosed. | ||||
| 2023-04-29 | plant_closure | completed | United States | Domestic | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 17 Best Buy stores closed during the first quarter of fiscal 2024 (925 to 908); 5 stores opened (1 Outlet, 4 Yardbird). Part of the fiscal 2024 plan to close 20 to 30 large format stores and open about 10 Outlet stores. No associated workforce reduction count disclosed. | |||||
| 2023-04-29 | plant_closure | completed | Canada | International | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | One Best Buy Mobile store closed during the first quarter of fiscal 2024 (33 to 32); no stores opened. No associated workforce reduction count disclosed. | |||||
| 2023-04-29 | restructuring | in_progress | 2022-07-01 | Domestic | Domestic Segment | USD -8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reduction to employee termination benefits primarily related to higher-than-expected employee retention. | |||
| 2023-04-29 | restructuring | in_progress | 2022-07-01 | International | International Segment | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reduction to employee termination benefits primarily related to higher-than-expected employee retention. | |||
| 2023-04-29 | plant_closure | completed | United States | Domestic Segment | MD&A f5-10q / Qwen3.6-27B-Q8_0 | 17 Best Buy stores closed during the quarter. | |||||
| 2023-04-29 | plant_closure | completed | Canada | International Segment | MD&A f5-10q / Qwen3.6-27B-Q8_0 | 1 Best Buy Mobile store closed during the quarter. | |||||
| 2023-04-29 | restructuring | in_progress | USD -9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2023-04-29 | restructuring | in_progress | Employee Severance / Resource Optimization Initiative | USD 136,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-04-29 | restructuring | in_progress | Domestic / Employee Severance / Resource Optimization Initiative | USD 132,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-04-29 | restructuring | in_progress | International / Employee Severance / Resource Optimization Initiative | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-01-28 | restructuring | in_progress | United States | Domestic segment (enterprise-wide initiative) | USD 140 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Enterprise-wide resource optimization initiative commenced in the second quarter of fiscal 2023 to align spending with critical strategies and optimize the cost structure. Domestic employee termination benefit charges of $140 million per Note 3 narrative; no employee counts disclosed. Total initiative charges were $145 million and a restructuring accrual of $107 million remained at fiscal year-end; remaining fiscal 2024 charges expected to be immaterial. | ||||
| 2023-01-28 | restructuring | in_progress | Canada | International segment (enterprise-wide initiative) | USD 5 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | International (Canada) component of the same enterprise-wide resource optimization initiative commenced in the second quarter of fiscal 2023; $5 million of employee termination benefit charges. No employee counts disclosed. Cross-referenced with the Domestic component record (same initiative and commencement quarter). | ||||
| 2023-01-28 | restructuring | completed | Mexico | International segment — Mexico exit and strategic realignment | USD 2 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Decision to exit Mexico operations made in the third quarter of fiscal 2021; all Mexico stores closed as of the end of the first quarter of fiscal 2022. Fiscal 2023 reflects only a residual $2 million charge attributable to this program; cumulative program charges of $238 million through January 28, 2023 and no material remaining liability. Employees affected not disclosed. | ||||
| 2023-01-28 | plant_closure | completed | United States | Domestic — Best Buy stores and Pacific Sales | MD&A f5-10k / GLM-5.3-flash-HTML | Fifteen Domestic stores closed during fiscal 2023 (14 Best Buy stores and 1 Pacific Sales store) per the store count reconciliation; International segment closed no stores. Filer frames closures as ongoing lease-expiration/portfolio optimization; no workforce impact quantified. | |||||
| 2023-01-28 | plant_closure | announced | 2023-03-17 | United States | Domestic — Best Buy stores and Outlet Centers | MD&A f5-10k / GLM-5.3-flash-HTML | Expects to close approximately 20 to 30 Best Buy stores in fiscal 2024 and increase Outlet Centers to approximately 30. Announcement date reflects the Form 10-K filing date; workforce impact not quantified. | ||||
| 2023-01-28 | restructuring | in_progress | United States | Domestic | USD 140 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Enterprise-wide initiative commenced in the second quarter of fiscal 2023 to align spending with critical strategies and optimize cost structure; specific announcement date not disclosed. Narrative states $140M of Domestic employee termination benefits while the accrual roll-forward shows $145M of Domestic charges; $102M accrual balance remained at year-end. No employees-affected headcount disclosed. | ||||
| 2023-01-28 | restructuring | in_progress | Canada | International | USD 5 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | International component of the same fiscal 2023 enterprise-wide initiative; $5M accrual balance remained at year-end. Remaining fiscal 2024 charges expected to be immaterial. No employees-affected headcount disclosed. | ||||
| 2023-01-28 | restructuring | completed | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Residual fiscal 2023 activity on a multi-year program initiated in fiscal 2021 (Mexico exit and organizational realignment); segment split not disclosed for fiscal 2023 activity. No material accrual remained at fiscal year-end. | ||||||
| 2023-01-28 | plant_closure | completed | United States | Domestic | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 15 Domestic stores closed during fiscal 2023 (14 Best Buy, 1 Pacific Sales); no associated workforce reduction quantified in the filing. | |||||
| 2023-01-28 | plant_closure | announced | United States | Domestic | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Forward-looking plan disclosed in MD&A: company expects to close approximately 20 to 30 Best Buy stores in fiscal 2024 and grow Outlet Centers to approximately 30; no workforce impact quantified. | |||||
| 2023-01-28 | restructuring | in_progress | 2023-04-01 | Enterprise-wide | Domestic and International | USD 147 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2023 Resource Optimization Initiative commenced in Q2 FY2023. Charges primarily related to employee termination benefits. Domestic segment charges were $140 million; International segment charges were $7 million. Total restructuring charges for the year were $147 million. Employee count not explicitly disclosed. | |||
| 2023-01-28 | restructuring | in_progress | 2022-07-02 | United States | Domestic | USD 140 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2023 Resource Optimization Initiative; employee termination benefits. Headcount not disclosed. | |||
| 2023-01-28 | restructuring | in_progress | 2022-07-02 | Canada | International | USD 5 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2023 Resource Optimization Initiative; employee termination benefits. Headcount not disclosed. | |||
| 2023-01-28 | restructuring | completed | 2021-07-03 | United States | Domestic | USD 4 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Mexico Exit and Strategic Realignment; Domestic segment charges incurred in FY2023 were immaterial/zero per table, but FY2022 table shows $4M charge in FY2022. Wait, looking at FY2023 column in Note 3 table: Domestic is blank/zero for Mexico Exit. The $140M and $5M are for Resource Optimization. The Mexico Exit row shows $2M total in FY2023 (International). Let's re-read Note 3 carefully. Table 'Restructuring charges': Row 'Mexico Exit and Strategic Realignment': 2023 Total is $2M. Breakdown table for Mexico Exit (FY2023 column is not explicitly broken out by geo in the second table, but the first table says Total $2M. The text says 'No material restructuring accrual activity occurred in fiscal 2023 related to the exit from Mexico'. However, the first table lists $2M under Mexico Exit for 2023. Let's look at the breakdown table 'Statement of Earnings Location'. It only has columns for 2022 and 2021. Actually, looking at the first table 'Restructuring charges': 2023 Column: - Fiscal 2023 Resource Optimization Initiative: $145M (Domestic $140M, Int $5M per text below) - Mexico Exit and Strategic Realignment: $2M Text below says: 'Charges incurred relate to employee termination benefits within our Domestic and International segments of $140 million and $5 million, respectively.' This sums to $145M. Where does the $2M Mexico Exit come from? The text says 'No material restructuring accrual activity occurred in fiscal 2023 related to the exit from Mexico'. It might be non-cash or adjustment. The prompt asks for workforce actions. If no employees are affected or it's immaterial/non-employee, it might not be a workforce action. The $145M is clearly employee termination benefits. The $2M is likely other costs or adjustments. I will exclude the $2M Mexico Exit from workforce actions as it is not described as affecting employees in FY2023 and is labeled 'no material restructuring accrual activity'. So only the Resource Optimization Initiative is a workforce action. | |||
| 2023-01-28 | restructuring | in_progress | USD 147,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2023-01-28 | restructuring | in_progress | Domestic / Resource Optimization Initiative | USD 140,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-01-28 | restructuring | in_progress | International / Resource Optimization Initiative | USD 5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-10-29 | restructuring | in_progress | 2023-01-28 | United States | Domestic | USD 61 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Enterprise-wide initiative commenced in Q2 fiscal 2023 to align spending and optimize cost structure; charges are primarily employee termination benefits in the Domestic segment. $61M is the nine months ended 2022-10-29 total ($25M in Q3). No employee count disclosed; further charges of approximately $15M to $30M expected through the remainder of fiscal 2023. Announcement date not specified beyond 'second quarter of fiscal 2023'. | |||
| 2022-10-29 | restructuring | completed | Mexico / International | International | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision to exit Mexico operations made in Q3 fiscal 2021; all former Mexico stores closed as of Q1 fiscal 2022. $2M is the nine months ended 2022-10-29 charge (Q3 charge $1M); cumulative charges since inception were $238M. No material liability remains as of 2022-10-29 and no employee count is disclosed. | ||||
| 2022-10-29 | plant_closure | completed | United States | Domestic | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Five Best Buy stores closed during Q3 fiscal 2023 (982 stores at start of quarter, 979 at end, with 2 opened). No associated workforce reduction or severance quantified in the filing. | |||||
| 2022-10-29 | restructuring | in_progress | 2022-07-01 | 2023-01-28 | Domestic | Enterprise-wide | USD 25 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2023 Resource Optimization Initiative commenced in Q2 FY23. Charges primarily comprised of employee termination benefits. Expected additional charges of $15-30 million through remainder of fiscal 2023. | ||
| 2022-10-29 | restructuring | in_progress | 2021-07-01 | Domestic and International | Domestic and International | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Mexico Exit and Strategic Realignment. Domestic charges related to organizational alignment; International charges related to Mexico exit. No material future charges expected. | |||
| 2022-10-29 | restructuring | in_progress | USD 26,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2022-10-29 | restructuring | in_progress | Minimum / Domestic / Resource Optimization Initiative | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-10-29 | restructuring | in_progress | Maximum / Domestic / Resource Optimization Initiative | USD 30,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-07-30 | restructuring | in_progress | 2023-01-28 | United States | Domestic | USD 34 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Enterprise-wide initiative commenced during Q2 FY2023 to align spending and optimize cost structure; $34M of termination-benefit charges incurred in the quarter, with $40M-$65M of additional charges expected through the remainder of fiscal 2023. Number of employees affected not disclosed. $1M cash paid in Q2; $33M termination benefits liability remaining at 2022-07-30. Expected completion date inferred from disclosure that charges run through the remainder of fiscal 2023 (fiscal year ends 2023-01-28). | |||
| 2022-07-30 | plant_closure | announced | 2023-01-28 | United States | Domestic | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company expects to close approximately 15 to 20 Best Buy stores during fiscal 2023 as leases expire; associated workforce reduction not quantified. Two Best Buy stores closed during Q2 FY2023 (931 to 930 stores). | ||||
| 2022-07-30 | restructuring | in_progress | 2022-04-30 | 2023-01-28 | United States | Domestic | USD 34 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2023 Resource Optimization Initiative commenced in Q2 FY2023. $34M charges for termination benefits. Expected additional charges of $40M-$65M through remainder of fiscal 2023. | ||
| 2022-07-30 | restructuring | completed | 2021-07-31 | 2022-07-30 | Mexico | International | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Mexico Exit and Strategic Realignment. $1M charge in Q2 FY2023. No material liability remains as of July 30, 2022. | ||
| 2022-07-30 | restructuring | in_progress | USD 34,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2022-07-30 | restructuring | in_progress | Employee Severance / Resource Optimization Initiative | USD 34,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-07-30 | restructuring | in_progress | Minimum / Domestic / Resource Optimization Initiative | USD 40,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-07-30 | restructuring | in_progress | Maximum / Domestic / Resource Optimization Initiative | USD 65,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-07-30 | restructuring | in_progress | Resource Optimization Initiative / Segment Continuing Operations | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-07-30 | restructuring | in_progress | Employee Severance / Resource Optimization Initiative / Segment Continuing Operations | USD 33,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-04-30 | plant_closure | completed | United States | Domestic | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Seven Best Buy stores closed during the quarter (984 to 977 total Domestic stores); no associated headcount or charge disclosed. Company expects to close roughly 20 to 30 Best Buy stores annually through fiscal 2025. | |||||
| 2022-04-30 | restructuring | completed | 2021-07-01 | 2022-04-30 | Mexico | International | USD 144 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Cumulative charges for Mexico exit and strategic realignment. All remaining stores in Mexico were closed in Q1 FY2022. No material liability remains. | ||
| 2022-04-30 | restructuring | in_progress | 2021-07-01 | United States | Domestic | USD 93 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Cumulative charges for organizational realignment. Q1 FY2023 included a $44 million credit due to reduced expected termination benefits. | |||
| 2022-04-30 | restructuring | in_progress | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2022-04-30 | restructuring | in_progress | Employee Severance / Mexico Exit And Corporate Reorganization | USD 44,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-01-29 | restructuring | completed | 2020-11-24 | 2021-05-01 | Mexico; United States | International (Mexico operations exit); Domestic (organizational realignment) | USD -41 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Decision to exit Mexico made in Q3 fiscal 2021 and announced November 24, 2020; remaining Mexico stores closed by end of Q1 fiscal 2022 (quarter ended 2021-05-01), completing the exit. Fiscal 2022 activity was a net credit of $41 million, driven by termination-benefit reversals from changes to previously planned organizational changes and higher-than-expected retention, plus $6 million inventory markdowns in cost of sales and $6 million asset impairments. Cumulative program charges were $236 million through fiscal year-end. Number of employees affected not disclosed; filer notes possible future restructuring costs as Domestic strategy evolves. | ||
| 2022-01-29 | restructuring | in_progress | United States | Domestic | USD 40 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Domestic component of the Mexico Exit and Strategic Realignment program: organizational changes to align structure with strategy. FY2022 termination benefits of $40M were recorded as a credit, driven by adjustments to previously planned changes and higher-than-expected retention; decision made in Q3 fiscal 2021, exact announcement date not disclosed. A $7M termination-benefit accrual remained at fiscal year-end. Employees affected not disclosed. | ||||
| 2022-01-29 | restructuring | completed | 2020-11-24 | 2021-04-24 | Mexico | International | USD 1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Exit of Mexico operations; all remaining Mexico stores closed by the end of Q1 fiscal 2022. FY2022 International charges also included $6M of asset impairments and a $(6)M inventory markdown recorded in cost of sales, netting to a $(1)M restructuring credit. Employees affected not disclosed; four remaining Best Buy stores in Mexico were closed during fiscal 2022. | ||
| 2022-01-29 | plant_closure | completed | United States | Domestic | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 20 Best Buy stores closed during fiscal 2022 (net Domestic store count moved from 991 to 984). No associated workforce reduction quantified. Company expects to close approximately 20 to 30 Best Buy stores annually through fiscal 2025. | |||||
| 2022-01-29 | plant_closure | completed | Canada | International | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 4 Best Buy stores in Canada closed during fiscal 2022 (International store count moved from 168 to 160, including the 4 Mexico stores). No associated workforce reduction quantified. | |||||
| 2022-01-29 | acquisition_addition | completed | 2021-11-02 | United Kingdom | Domestic — Best Buy Health / Services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired all outstanding shares of Current Health Ltd., a care-at-home technology platform, for $389M net cash consideration; $351M of goodwill assigned to the Best Buy Health reporting unit. Headcount added not disclosed. | ||||
| 2022-01-29 | acquisition_addition | completed | 2021-11-04 | United States | Domestic — Other | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired all outstanding shares of Two Peaks, LLC d/b/a Yardbird Furniture for $79M net cash consideration; $47M of goodwill assigned to the Best Buy Domestic reporting unit. Headcount added not disclosed. | ||||
| 2022-01-29 | restructuring | completed | 2021-07-31 | United States | Domestic | USD -39 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Credit related to subsequent adjustments to termination benefits from organizational changes. | |||
| 2022-01-29 | restructuring | completed | 2021-07-31 | Mexico | International | USD 5 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Charges related to exit from Mexico operations. | |||
| 2022-01-29 | plant_closure | completed | 2021-07-31 | 2022-04-30 | Mexico | International | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | All former stores in Mexico were closed as of the end of the first quarter of fiscal 2022. | |||
| 2022-01-29 | restructuring | completed | 2021-09-01 | 2022-01-29 | United States | Domestic | USD -40 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Strategic realignment and organizational structure changes. Charge represents subsequent adjustments to termination benefits. | ||
| 2022-01-29 | restructuring | completed | 2021-09-01 | 2022-01-29 | Mexico | International | USD -1 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Exit of operations in Mexico. All stores closed in Q1 FY2022. Charge represents subsequent adjustments to termination benefits. | ||
| 2022-01-29 | plant_closure | completed | 2021-09-01 | 2022-01-29 | Mexico | International | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | All former stores in Mexico were closed as of the end of the first quarter of fiscal 2022. | |||
| 2022-01-29 | restructuring | in_progress | USD -34,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2021-10-30 | plant_closure | completed | 2020-11-24 | 2021-05-01 | Mexico | International segment — Mexico retail operations | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision to exit Mexico announced 2020-11-24; all Mexico stores closed by end of Q1 fiscal 2022. No employee count disclosed; nine-month fiscal 2022 International restructuring charges totaled $5M (credit/charge detail in footnote). | |||
| 2021-10-30 | restructuring | in_progress | United States | Domestic segment — corporate organizational structure | USD -44 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Strategic realignment announced during Q3 fiscal 2021 (exact date not disclosed). Nine months ended 2021-10-30 recorded a $44M credit to termination benefits from reduced expected benefits and higher-than-expected retention; no employee counts disclosed. Company states material future restructuring costs are possible but not forecastable. | ||||
| 2021-10-30 | plant_closure | completed | 2021-10-30 | United States | Domestic segment — retail stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine Best Buy stores closed during the third quarter of fiscal 2022 (947 to 938); no associated workforce reduction quantified in the filing. | ||||
| 2021-10-30 | acquisition_addition | announced | 2021-10-10 | 2021-11-02 | Current Health Ltd. — care-at-home technology platform | USD 400 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed 2021-10-10 for approximately $400M; acquisition completed 2021-11-02, included in results beginning Q4 fiscal 2022. No headcount added disclosed. | |||
| 2021-10-30 | acquisition_addition | announced | 2021-10-18 | 2021-11-04 | Two Peaks, LLC d/b/a Yardbird Furniture — outdoor furniture | USD 85 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed 2021-10-18 for approximately $85M; acquisition completed 2021-11-04, included in results beginning Q4 fiscal 2022. No headcount added disclosed. | |||
| 2021-10-30 | restructuring | in_progress | 2021-08-01 | Domestic | Corporate / Organizational Structure | USD -44 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Credit primarily due to reduction in expected termination benefits from adjustments to previously planned organizational changes and higher-than-expected employee retention. | |||
| 2021-10-30 | restructuring | completed | 2021-08-01 | 2022-04-30 | Mexico | International | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit of Mexico operations. All stores closed as of end of Q1 FY2022. No material future restructuring charges expected. | ||
| 2021-10-30 | acquisition_addition | completed | 2021-10-10 | 2021-11-02 | United States | Healthcare / Technology | USD 400 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Current Health Ltd. completed Nov 2, 2021. Headcount not disclosed. | ||
| 2021-10-30 | acquisition_addition | completed | 2021-10-18 | 2021-11-04 | United States | Retail / Furniture | USD 85 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Yardbird Furniture completed Nov 4, 2021. Headcount not disclosed. | ||
| 2021-10-30 | restructuring | in_progress | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2021-10-30 | restructuring | in_progress | Employee Severance / Mexico Exit And Corporate Reorganization | USD 44,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-07-31 | plant_closure | completed | 2020-11-24 | 2021-05-01 | Mexico | International | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | No employee count disclosed. Six months ended 2021-07-31 International charges: $7M asset impairments and $(1)M termination benefit adjustment, plus $(6)M inventory markdowns in cost of sales. All Mexico stores closed by end of Q1 fiscal 2022; $3M termination-benefit accrual remained at 2021-07-31 and no material future charges expected. | ||
| 2021-07-31 | restructuring | in_progress | 2020-11-24 | United States | Domestic | USD -44 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Organizational realignment actions begun in Q3 fiscal 2021; no employee count disclosed. Six months ended 2021-07-31 reflects a $44M credit from lower expected termination benefits and higher-than-expected retention; $12M termination-benefit accrual remained at 2021-07-31. Filer states future material restructuring costs are possible but timing and magnitude cannot be forecast. | |||
| 2021-07-31 | restructuring | in_progress | 2021-03-01 | Domestic | Domestic Segment | USD -44 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Credit primarily due to reduction in expected termination benefits from adjustments to previously planned organizational changes and higher-than-expected employee retention. | |||
| 2021-07-31 | restructuring | in_progress | 2021-03-01 | International | International Segment | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges primarily related to decision to exit operations in Mexico. Includes asset impairments and termination benefits. | |||
| 2021-07-31 | restructuring | in_progress | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2021-07-31 | restructuring | in_progress | Employee Severance / Mexico Exit And Corporate Reorganization | USD 44,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-05-01 | plant_closure | completed | 2020-11-24 | 2021-05-01 | Mexico | International | USD -4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit from Mexico operations; all Mexico stores closed as of end of Q1 fiscal 2022 (4 Best Buy stores at start of quarter). Charge shown is the quarter's International-segment restructuring credit, which also includes asset impairments of $3M and termination benefits credit of $1M; a separate $6M inventory markdown credit sat in cost of sales. Cumulative International program charges of $140M as of 2021-05-01. No employees-affected count disclosed. | ||
| 2021-05-01 | restructuring | in_progress | United States | Domestic | USD -44 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Strategic realignment of organizational structure; quarter recorded a $44M credit to termination benefits from reduced expected benefits and higher-than-expected retention. Termination-benefit accrual of $21M remained at 2021-05-01 (from $104M at 2021-01-30). Announcement date not specified; actions began in Q3 fiscal 2021. No employees-affected count disclosed; company states material future restructuring costs possible but not forecastable. | ||||
| 2021-05-01 | restructuring | in_progress | 2020-11-24 | Mexico | International | USD -4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit from Mexico operations. All stores closed as of end of Q1 FY2022. Charge includes asset impairments and termination benefits. No employee count disclosed. | |||
| 2021-05-01 | restructuring | in_progress | 2020-11-24 | United States | Domestic | USD -44 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Strategic realignment and organizational structure changes. Credit recorded due to reduction in expected termination benefits and higher-than-expected retention. No employee count disclosed. | |||
| 2021-05-01 | restructuring | in_progress | USD -42,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2021-05-01 | restructuring | in_progress | Employee Severance / Mexico Exit And Corporate Reorganization | USD 44,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-01-30 | restructuring | completed | 2020-11-24 | United States | Domestic segment — corporate and field organizational realignment | USD 133 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Fiscal 2021 Domestic charges: $123M termination benefits ($46M in Q3 for corporate organizational changes; $87M in Q4 primarily for field employees) and $10M impairments of technology assets supporting Mexico operations. $104M termination-benefit accrual remained unpaid at fiscal year-end. Decision made during fiscal Q3 2021; Mexico exit publicly announced November 24, 2020. No employee counts disclosed. Future restructuring costs possible as strategy evolves. | |||
| 2021-01-30 | restructuring | completed | 2020-11-24 | Mexico | International segment — Mexico operations exit | USD 144 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Fiscal 2021 International charges: $23M inventory markdowns (cost of sales), $57M asset impairments, $20M termination benefits, $39M currency translation adjustment and $5M other (contract terminations). Exit substantially complete at fiscal year-end; operations expected to cease during fiscal 2022. $20M termination-benefit accrual unpaid at year-end. Includes closure of 31 Best Buy Mexico and 14 Best Buy Express stores per store-count tables. No employee counts disclosed. | |||
| 2021-01-30 | restructuring | completed | 2020-11-24 | Mexico | International | USD 144 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Mexico exit and strategic realignment charges in the International segment: $121M restructuring charges plus $23M inventory markdowns recorded in cost of sales. Exit substantially complete as of January 30, 2021; operations expected to cease during fiscal 2022. MD&A store table shows 31 Best Buy and 14 Best Buy Express Mexico stores closed during fiscal 2021. Employees affected not disclosed. | |||
| 2021-01-30 | restructuring | in_progress | United States | Domestic | USD 133 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Strategic realignment of organizational structure: $123M termination benefits and $10M asset impairments ($46M incurred in Q3 fiscal 2021 for corporate organizational changes, $87M in Q4 for field employees). No specific announcement date disclosed; $104M termination-benefit accrual remained at year-end and further material restructuring costs are possible. Employees affected not disclosed. | ||||
| 2021-01-30 | plant_closure | completed | United States | Domestic | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 21 Domestic stores closed during fiscal 2021 (net store count moved from 1,009 to 991). Associated workforce reduction not disclosed. | |||||
| 2021-01-30 | plant_closure | completed | Canada | International | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 9 Best Buy Mobile stand-alone stores closed in Canada during fiscal 2021 (count moved from 42 to 33). Associated workforce reduction not disclosed. | |||||
| 2021-01-30 | restructuring | completed | 2020-11-24 | 2021-01-30 | Mexico | International | USD 144 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Decision to exit operations in Mexico announced in Q3 FY2021. Exit substantially complete as of Jan 30, 2021. Charges include $23M inventory markdowns and $121M restructuring charges (asset impairments, currency translation, termination benefits). | ||
| 2021-01-30 | restructuring | completed | 2020-08-01 | 2021-01-30 | United States | Domestic | USD 133 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Organizational changes in support of strategy. Charges primarily related to termination benefits for field and corporate employees, and impairments of technology assets held in service of Mexico operations. | ||
| 2021-01-30 | restructuring | completed | 2020-11-24 | 2021-01-30 | Mexico | International | USD 144 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Decision to exit operations in Mexico. Charges include $23M inventory markdowns and $121M restructuring charges (asset impairments, currency translation, termination benefits). Exit substantially complete as of Jan 30, 2021. | ||
| 2021-01-30 | restructuring | completed | 2020-11-24 | 2021-01-30 | United States | Domestic | USD 133 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Organizational changes to align structure with strategy. Charges primarily related to termination benefits for field and corporate employees, and impairments of technology assets held in service of Mexico operations. | ||
| 2021-01-30 | restructuring | in_progress | USD 254,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2021-01-30 | restructuring | in_progress | Employee Severance / Mexico Exit And Corporate Reorganization | USD 87,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-10-31 | restructuring | in_progress | Mexico | International | USD 102 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision to exit Mexico operations made in Q3 FY2021; $102M includes $36M inventory markdowns in cost of sales, $48M asset impairments and $18M termination benefits. No employee count disclosed. Additional pre-tax charges of $50M-$75M expected, mainly FX translation; operations expected substantially complete in Q4 FY2021 or early FY2022. Termination benefits liability was $47M at quarter-end. | ||||
| 2020-10-31 | restructuring | in_progress | United States | Domestic (corporate) | USD 46 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Corporate organizational reorganization aligned to strategy; $36M termination benefits plus $10M impairments of technology assets supporting Mexico operations. No employee count disclosed. MD&A cites $45M for the Domestic segment; footnote table total of $46M used here. | ||||
| 2020-10-31 | plant_closure | in_progress | United States | Domestic | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 14 stores closed during the third quarter of fiscal 2021 (970 to 956 Best Buy stores); no associated workforce reduction quantified. | |||||
| 2020-10-31 | plant_closure | in_progress | Canada and Mexico | International | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 6 stores closed during the third quarter of fiscal 2021 (3 Best Buy Mobile in Canada, 3 Best Buy in Mexico; 219 to 213 stores); no associated workforce reduction quantified. | |||||
| 2020-10-31 | restructuring | in_progress | 2020-10-31 | 2021-02-01 | Mexico | International | USD 102 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Decision to exit Mexico operations. Charges include $36M inventory markdowns (Cost of Sales) and $66M asset impairments/termination benefits (Restructuring). Expected completion in Q4 FY2021 or early FY2022. | ||
| 2020-10-31 | restructuring | in_progress | 2020-10-31 | United States | Domestic | USD 45 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Corporate organizational changes and technology asset impairments related to Mexico exit. Primarily termination benefits. | |||
| 2020-10-31 | restructuring | in_progress | USD 111,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2020-10-31 | restructuring | in_progress | Mexico Exit And Corporate Reorganization / Segment Continuing Operations | USD 148,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-10-31 | restructuring | in_progress | U.s. Operating Model / Segment Continuing Operations | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-10-31 | restructuring | in_progress | Segment Continuing Operations | USD 147,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-10-31 | restructuring | in_progress | International / Cost Of Sales / Inventory Markdowns / Mexico Exit And Corporate Reorganization | USD 36,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-10-31 | restructuring | in_progress | Cost Of Sales / Inventory Markdowns / Mexico Exit And Corporate Reorganization | USD 36,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-10-31 | restructuring | in_progress | Domestic / Restructuring Charges / Asset Impairments / Mexico Exit And Corporate Reorganization | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-10-31 | restructuring | in_progress | International / Restructuring Charges / Asset Impairments / Mexico Exit And Corporate Reorganization | USD 48,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-10-31 | restructuring | in_progress | Restructuring Charges / Asset Impairments / Mexico Exit And Corporate Reorganization | USD 58,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-10-31 | restructuring | in_progress | Domestic / Restructuring Charges / Employee Severance / Mexico Exit And Corporate Reorganization | USD 36,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-10-31 | restructuring | in_progress | International / Restructuring Charges / Employee Severance / Mexico Exit And Corporate Reorganization | USD 18,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-10-31 | restructuring | in_progress | Restructuring Charges / Employee Severance / Mexico Exit And Corporate Reorganization | USD 54,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-10-31 | restructuring | in_progress | Domestic / Mexico Exit And Corporate Reorganization | USD 46,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-10-31 | restructuring | in_progress | International / Mexico Exit And Corporate Reorganization | USD 102,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-10-31 | restructuring | in_progress | Mexico Exit And Corporate Reorganization | USD 148,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-08-01 | restructuring | in_progress | United States | Domestic segment — U.S. retail operating model changes | USD 1 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring charges of $1 million recorded in the first six months of fiscal 2021 (nil in Q2), described in the non-GAAP reconciliation as charges and adjustments associated with U.S. retail operating model changes. No employee counts, severance accruals, or completion timing disclosed. | ||||
| 2020-08-01 | plant_closure | completed | United States | Domestic segment — Best Buy stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | One Best Buy store closed during the quarter (971 to 970); two outlet center stores opened. No associated workforce reduction quantified. | |||||
| 2020-08-01 | plant_closure | completed | Canada | International segment — Best Buy Mobile | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | One Best Buy Mobile store closed during the quarter (41 to 40). No associated workforce reduction quantified. | |||||
| 2020-08-01 | plant_closure | completed | Mexico | International segment — Best Buy stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | One Best Buy store closed during the quarter (35 to 34). No associated workforce reduction quantified. | |||||
| 2020-08-01 | other | completed | 2020-08-02 | United States | Store Operations | Risk Factors f5-10q / Qwen3.6-27B-Q8_0 | Implemented 4% hourly rate increase for hourly store employees below leadership level; increased starting wage to $15/hour for those not yet at that level. | ||||
| 2020-08-01 | restructuring | completed | United States | Domestic | USD 1 (millions) | Condensed Consolidated Statements of Earnings f5-10q / Qwen3.6-27B-Q8_0 | Restructuring charges of $1 million recorded for the six months ended August 1, 2020, associated with U.S. retail operating model changes. | ||||
| 2020-08-01 | restructuring | in_progress | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2020-05-02 | layoff | completed | 51,000 | 2020-04-19 | 2020-04-19 | United States | Domestic segment — hourly store employees, including nearly all part-time employees | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Furlough of approximately 51,000 Domestic hourly store employees in response to COVID-19; described as a furlough rather than a permanent RIF. No severance charge quantified. | ||
| 2020-05-02 | other | in_progress | United States | Corporate and executive workforce | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Temporary pay reductions: CEO forgoing 50% of base salary, Board forgoing 50% of cash retainer, direct reports to CEO taking 20% base salary reduction; some corporate employees on voluntary reduced work weeks and voluntary furloughs. No counts disclosed. | |||||
| 2020-05-02 | other | in_progress | United States | Domestic segment — full-time store and field employees | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 82% of full-time store and field employees retained on payroll, including most In-Home Advisors and Geek Squad Agents; temporary pay increases given to field employees still serving customers. Percentage only, no absolute count. | |||||
| 2020-05-02 | restructuring | in_progress | United States | U.S. retail operating model changes | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring charges of $1 million recorded in the three months ended May 2, 2020, associated with U.S. retail operating model changes. No employee count disclosed. | ||||
| 2020-05-02 | layoff | completed | 51,000 | 2020-04-19 | United States | Domestic hourly store employees | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Furloughed approximately 51,000 Domestic hourly store employees, including nearly all part-time employees. | |||
| 2020-05-02 | other | completed | 2020-03-22 | United States | Field employees | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Gave all field employees who were still serving customers or working in distribution centers a temporary pay increase. | ||||
| 2020-05-02 | other | completed | 2020-03-22 | United States | Corporate employees | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Some corporate employees participating in voluntary reduced work weeks and resulting pay, as well as voluntary furloughs. | ||||
| 2020-05-02 | other | completed | 2020-03-22 | United States | Executive Leadership | MD&A f5-10q / Qwen3.6-27B-Q8_0 | CEO foregoing 50% of base salary; Board members foregoing 50% of cash retainer fees; direct reports to CEO taking 20% reduction in base salary. | ||||
| 2020-05-02 | restructuring | in_progress | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2020-02-01 | restructuring | completed | United States | Domestic segment — U.S. retail operations | USD 41 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Changes to the U.S. retail operating model were made in the second quarter of fiscal 2020 (quarter ended 2019-08-03) to increase organizational effectiveness and create a more seamless customer experience. All charges were termination benefits from continuing operations, including $10 million related to a voluntary early retirement offer. Gross charges of $48 million were offset by $7 million of adjustments for higher-than-expected employee retention, netting to the $41 million fiscal 2020 restructuring charge. Employee count affected not disclosed. $16 million of termination benefits remained accrued at fiscal year-end. | ||||
| 2020-02-01 | restructuring | in_progress | United States | Domestic | USD 41 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | U.S. retail operating model changes initiated in Q2 fiscal 2020; gross termination-benefit charges of $48M less $7M retention adjustments. Includes a $10M voluntary early retirement offer; $16M accrual remained at year-end. Headcount affected not disclosed. | ||||
| 2020-02-01 | plant_closure | completed | United States | Domestic | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 22 Domestic stores closed during fiscal 2020 (20 Best Buy, 2 outlet centers) versus 5 opened; associated workforce impact not disclosed. | |||||
| 2020-02-01 | plant_closure | completed | Canada | International | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 4 International stores closed during fiscal 2020 (1 Best Buy, 3 Best Buy Mobile in Canada) versus 14 opened; associated workforce impact not disclosed. | |||||
| 2020-02-01 | acquisition_addition | completed | 2019-05-09 | 2019-05-09 | United States | Domestic — Best Buy Health | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Health services company acquired for $125M net cash consideration; acquired headcount not disclosed. | |||
| 2020-02-01 | acquisition_addition | completed | 2019-08-07 | 2019-08-07 | United States | Domestic | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Predictive healthcare technology business acquired for $20M net cash consideration; acquired headcount not disclosed. | |||
| 2020-02-01 | layoff | announced | 2020-03-22 | United States | Domestic — retail field operations | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Post-year-end COVID-19 measures: U.S. stores shifted to enhanced curbside only and in-home installation/repair suspended; field employees with eliminated hours to be paid two weeks at normal wage. Affected headcount not disclosed. | ||||
| 2020-02-01 | restructuring | completed | 2019-05-05 | United States | Retail Operating Model | USD 41 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Charges related to U.S. retail operating model changes in fiscal 2020. Employee count not explicitly disclosed in footnote. | |||
| 2020-02-01 | restructuring | completed | 2019-08-03 | United States | Domestic | USD 41 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Changes to U.S. retail operating model. Includes $10 million related to voluntary early retirement offer. Employee count not disclosed. | |||
| 2020-02-01 | plant_closure | completed | 2018-03-01 | United States | Domestic | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of 257 Best Buy Mobile stand-alone stores announced in FY2018. No restructuring accrual remained as of Feb 1, 2020. Employee count not disclosed. | ||||
| 2020-02-01 | restructuring | in_progress | USD 41,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2020-02-01 | restructuring | in_progress | U.s. Operating Model | USD 41,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-11-02 | restructuring | in_progress | United States | Domestic segment — U.S. retail operating model | USD 41 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program initiated in Q2 FY2020; no exact announcement date, employee count or completion date disclosed. YTD charge of $41M reflects $48M of gross termination-benefit charges less $7M of adjustments from higher-than-expected retention; accrual balance $18M at 2019-11-02. Q3 charge was a $(7)M benefit. | ||||
| 2019-11-02 | plant_closure | completed | United States | Domestic segment — Best Buy stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 17 Best Buy stores closed during the third quarter of fiscal 2020 (995 to 978); no associated headcount or charge disclosed. Two outlet centers opened in the same period. | |||||
| 2019-11-02 | plant_closure | completed | Canada | International segment — Best Buy stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | One Best Buy store in Canada closed during the third quarter of fiscal 2020 (132 to 131); no associated headcount or charge disclosed. | |||||
| 2019-11-02 | acquisition_addition | completed | 2019-08-07 | United States | Domestic segment | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the predictive healthcare technology business of BioSensics for $20M net cash consideration; no employee count disclosed. | ||||
| 2019-11-02 | restructuring | in_progress | 2019-05-01 | United States | Retail Operations | USD 41 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to U.S. retail operating model changes to increase organization effectiveness. Accrual balance of $18 million as of Nov 2, 2019. Employee count not disclosed. | |||
| 2019-11-02 | plant_closure | completed | 2018-03-01 | United States | Best Buy Mobile | USD 56 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of 257 Best Buy Mobile stand-alone stores. Cumulative charges of $56 million as of Nov 2, 2019. Employee count not disclosed. | |||
| 2019-11-02 | restructuring | in_progress | USD -7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2019-08-03 | restructuring | in_progress | United States | Domestic — U.S. retail operating model | USD 48 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charges for termination benefits from U.S. retail operating model changes; includes $10M related to a voluntary early retirement offer. No employee count or completion date disclosed. Accrual roll-forward: $48M charges less $8M cash payments = $40M balance at 2019-08-03. | ||||
| 2019-08-03 | acquisition_addition | completed | 2019-05-09 | 2019-05-09 | United States | Domestic — GreatCall reporting unit (Services) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired all outstanding shares for $125M net cash consideration; headcount added not disclosed. $3M transaction costs recorded in SG&A. | |||
| 2019-08-03 | acquisition_addition | announced | 2019-07-23 | 2019-08-07 | United States | Health and wellness / predictive healthcare technology | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed 2019-07-23 to acquire the predictive healthcare technology business of BioSensics, LLC for approximately $21 million; completed 2019-08-07, after quarter end. Headcount not disclosed. | |||
| 2019-08-03 | restructuring | in_progress | 2019-05-05 | United States | Retail Operations | USD 48 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to U.S. retail operating model changes to increase organization effectiveness. Includes $10 million related to a voluntary early retirement offer. Employee count not disclosed. | |||
| 2019-08-03 | acquisition_addition | completed | 2019-05-09 | United States | GreatCall | USD 125 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Critical Signal Technologies, Inc. (CST). Headcount added not explicitly disclosed. | |||
| 2019-08-03 | restructuring | in_progress | USD 48,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2019-08-03 | restructuring | in_progress | U.s. Operating Model | USD 48,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-08-03 | restructuring | in_progress | Employee Severance | USD 48,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-08-03 | restructuring | in_progress | Special Termination Benefits | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-05-04 | acquisition_addition | completed | 2019-04-11 | 2019-05-09 | United States | Domestic segment — GreatCall operating segment | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed 2019-04-11 to acquire Critical Signal Technologies, Inc., a health services company, for approximately $125 million; acquisition completed 2019-05-09 (after quarter end). No headcount added disclosed. | |||
| 2019-05-04 | plant_closure | completed | United States | Domestic segment — Best Buy stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Two Best Buy stores closed during the first quarter of fiscal 2020 (997 to 995). No associated workforce reduction or restructuring charge disclosed for these closures. | |||||
| 2019-05-04 | plant_closure | completed | Canada | International segment — Best Buy Mobile | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | One Best Buy Mobile store closed in Canada during the first quarter of fiscal 2020 (45 to 44). No associated workforce reduction disclosed. | |||||
| 2019-05-04 | plant_closure | completed | 2018-03-01 | United States | Domestic | USD 56 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of 257 Best Buy Mobile stand-alone stores. Cumulative restructuring charges of $56 million incurred through May 4, 2019. No material liabilities remaining as of quarter-end. | |||
| 2019-05-04 | acquisition_addition | completed | 2019-04-11 | 2019-05-09 | United States | Domestic | USD 125 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Critical Signal Technologies, Inc. completed May 9, 2019. Included in GreatCall operating segment. | ||
| 2019-05-04 | restructuring | in_progress | Restructuring Program Best Buy Mobile [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-02-02 | plant_closure | completed | 2018-03-01 | 2018-08-04 | United States | Domestic | USD 47 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | All 257 remaining Best Buy Mobile stand-alone stores were closed during Q2 fiscal 2019 (quarter ended August 4, 2018). Fiscal 2019 charges of $47M comprised $49M of facility closure and other costs and a net $(2)M termination-benefit adjustment; plan cumulative charges were $56M through fiscal year-end. Number of employees affected was not disclosed. | ||
| 2019-02-02 | acquisition_addition | completed | 2018-10-01 | United States | Domestic (Services revenue category) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired all outstanding shares of GreatCall, a connected-health services provider for aging consumers, on October 1, 2018 for net cash consideration of $787 million; number of employees added through the acquisition was not disclosed. | ||||
| 2019-02-02 | plant_closure | completed | 2018-03-01 | 2018-08-04 | United States | Domestic segment — Best Buy Mobile stand-alone stores | USD 47 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | All 257 remaining Best Buy Mobile stand-alone stores were closed during the second quarter of fiscal 2019; $47M of fiscal 2019 charges (cumulative $56M through fiscal 2019), comprising $1M termination benefits and $49M facility closure and other costs. Number of employees affected not disclosed. | ||
| 2019-02-02 | acquisition_addition | completed | 2018-10-01 | 2018-10-01 | United States | Domestic segment — Services (GreatCall connected health) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired all outstanding shares of GreatCall for $787M net cash; headcount added through the acquisition not disclosed. $13M of acquisition-related transaction costs recorded in SG&A. | |||
| 2019-02-02 | restructuring | in_progress | 2016-01-01 | Canada | International segment — Canadian brand consolidation (Future Shop/Best Buy) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2019 activity was a $1M benefit from changes in sublease income estimates; remaining accrual of $7M at fiscal year-end. Cumulative charges of $200M since program inception in fiscal 2016; store closures occurred in prior fiscal years. | ||||
| 2019-02-02 | restructuring | completed | 2018-03-01 | 2019-05-04 | United States | Domestic | USD 47 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Closure of 257 Best Buy Mobile stand-alone stores. Charges incurred in FY2019 were $47 million. Employee count affected not explicitly disclosed. | ||
| 2019-02-02 | restructuring | completed | Canada | International | USD -1 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Canadian brand consolidation adjustments. Benefit of $1 million recorded. Employee count not disclosed. | ||||
| 2019-02-02 | restructuring | completed | 2018-03-01 | 2019-05-04 | United States | Domestic | USD 47 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of 257 Best Buy Mobile stand-alone stores. All stores closed during Q2 FY2019. Employee count not disclosed. | ||
| 2019-02-02 | restructuring | in_progress | 2016-02-06 | Canada | International | USD -1 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Adjustments to vacant space liabilities due to changes in sublease income estimates. Employee count not disclosed. | |||
| 2019-02-02 | restructuring | in_progress | 2013-11-02 | Canada | International | USD 0 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Adjustments to vacant space liabilities. Employee count not disclosed. | |||
| 2019-02-02 | acquisition_addition | completed | 2018-10-01 | 2018-10-01 | United States | Domestic | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of GreatCall, Inc. Employee count not disclosed in filing. | |||
| 2019-02-02 | restructuring | in_progress | USD 1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2019-02-02 | restructuring | in_progress | Property and equipment write-downs [Member] / Restructuring Program Best Buy Mobile [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-02-02 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program Best Buy Mobile [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-02-02 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program Best Buy Mobile [Member] | USD 49,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-02-02 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program Canadian Brand Consolidation [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-02-02 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-02-02 | restructuring | in_progress | Restructuring Program Best Buy Mobile [Member] | USD 47,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-02-02 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-02-02 | restructuring | in_progress | Restructuring Program Renew Blue Phase 2 [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-02-02 | restructuring | in_progress | Other Restructuring [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-11-03 | plant_closure | completed | 2018-03-01 | 2018-08-04 | United States | Domestic — Best Buy Mobile stand-alone stores | USD 47 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure of all 257 remaining Best Buy Mobile stand-alone stores; all remaining stores closed in Q2 FY2019. Nine-month charge of $47M (facility closure and other costs $49M, termination benefits net -$2M); cumulative program cost $56M through 2018-11-03. No employee count disclosed; restructuring accrual balance $1M at quarter end. | ||
| 2018-11-03 | acquisition_addition | completed | 2018-10-01 | 2018-10-01 | United States | Domestic — Services (connected health) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired all outstanding shares of GreatCall for $792M net cash; $13M transaction costs in SG&A for the quarter. No headcount added disclosed. | |||
| 2018-11-03 | plant_closure | completed | 2018-11-03 | United States and International (Canada, Mexico) | Domestic and International segments | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | During Q3 FY2019 the Domestic segment closed 11 Best Buy stores and 1 Pacific Sales store (1,035 to 1,024 total) and the International segment closed 2 stores (217 to 216 total); no associated employee counts disclosed. | ||||
| 2018-11-03 | restructuring | completed | 2018-03-01 | 2019-05-04 | United States | Domestic | USD 47 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of 257 Best Buy Mobile stand-alone stores. All remaining stores closed during Q2 FY2019. Charges include facility closure costs and termination benefits. | ||
| 2018-11-03 | acquisition_addition | completed | 2018-10-01 | United States | Domestic | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of GreatCall, Inc. Headcount not explicitly disclosed. | ||||
| 2018-11-03 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2018-11-03 | restructuring | in_progress | Property and equipment write-downs [Member] / Restructuring Program Best Buy Mobile [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-11-03 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program Best Buy Mobile [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-11-03 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program Best Buy Mobile [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-11-03 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-11-03 | restructuring | in_progress | Restructuring Program Best Buy Mobile [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-11-03 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-08-04 | plant_closure | completed | 2018-03-01 | 2018-08-04 | United States | Domestic — Best Buy Mobile stand-alone stores | USD 47 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure of all 257 remaining Best Buy Mobile stand-alone stores announced 2018-03-01; all remaining stores closed during Q2 FY2019 (105 open at start of quarter, 0 at end). Charge shown is six-month total; Q2 charge was $17M and cumulative charge through 2018-08-04 was $56M (incl. $1M impairments, $6M termination benefits, $49M facility closure). Number of employees affected not disclosed; restructuring accrual balance was $3M at quarter-end. | ||
| 2018-08-04 | acquisition_addition | announced | 2018-08-15 | 2018-12-31 | United States | Connected health / aging-consumer services (GreatCall, Inc.) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed 2018-08-15 to acquire GreatCall, Inc. for $800M cash; expected to close by end of fiscal 2019 third quarter, subject to regulatory approvals. Headcount added not disclosed. | |||
| 2018-08-04 | plant_closure | completed | 2018-03-01 | 2018-08-04 | United States | Domestic | USD 47 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of 257 Best Buy Mobile stand-alone stores. All remaining stores closed during Q2 FY2019. Employee count not disclosed. | ||
| 2018-08-04 | restructuring | in_progress | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2018-08-04 | restructuring | in_progress | Property and equipment write-downs [Member] / Restructuring Program Best Buy Mobile [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-08-04 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program Best Buy Mobile [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-08-04 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program Best Buy Mobile [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-08-04 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-08-04 | restructuring | in_progress | Restructuring Program Best Buy Mobile [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-08-04 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-05-05 | plant_closure | in_progress | 2018-03-01 | United States | Domestic — Best Buy Mobile stand-alone stores | USD 30 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company announced intent to close all 257 remaining Best Buy Mobile stand-alone stores; 152 closed during Q1 FY2019, 105 remained open at 2018-05-05. Q1 charge of $30M ($29M facility closure and other costs, $1M termination benefits); cumulative charge through 2018-05-05 was $39M. Number of employees affected not disclosed. Restructuring accrual balance was $12M at quarter end. | |||
| 2018-05-05 | restructuring | in_progress | 2018-03-01 | United States | Best Buy Mobile | USD 30 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Announced intent to close all 257 remaining Best Buy Mobile stand-alone stores. 152 stores closed during Q1. Charges include $1M property impairments, $9M termination benefits, and $29M facility closure costs. Employee count not explicitly disclosed. | |||
| 2018-05-05 | restructuring | in_progress | Property and equipment write-downs [Member] / Restructuring Program Best Buy Mobile [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-05-05 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program Best Buy Mobile [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-05-05 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program Best Buy Mobile [Member] | USD 29,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-05-05 | restructuring | in_progress | USD 30,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2018-05-05 | restructuring | in_progress | Restructuring Program Best Buy Mobile [Member] | USD 30,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-02-03 | plant_closure | announced | 2018-03-01 | United States | Domestic segment — Best Buy Mobile stand-alone stores (257 stores) | USD 55 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Announced March 1, 2018, after fiscal year-end; also disclosed in Item 1, Item 2 and MD&A. Expected total pre-tax restructuring charges of $55–$65 million, primarily store-lease terminations payable in fiscal 2019 (low end of range captured). Of this plan, $9 million was incurred in fiscal 2018 ($8 million employee termination benefits, $1 million property and equipment impairments); termination benefits liability of $8 million at February 3, 2018. No employee count disclosed. Filer expects the majority of the 257 stores to close during the first half of fiscal 2019. | |||
| 2018-02-03 | restructuring | completed | Primarily International segment (Canada); Domestic segment charges were $0 in fiscal 2018 | Residual termination benefits and vacant space liabilities | USD 3 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year Renew Blue restructuring program begun in the fourth quarter of fiscal 2013 and declared complete in fiscal 2018. Fiscal 2018 amount represents residual charges for remaining termination benefits and vacant space liabilities; no new headcount reductions disclosed for fiscal 2018. Termination benefits liability was $0 and remaining vacant space liability $11 million at February 3, 2018. | ||||
| 2018-02-03 | plant_closure | announced | 2018-03-01 | 2018-07-31 | United States | Domestic segment — Best Buy Mobile stand-alone stores | USD 9 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Announced after fiscal year-end but before the 2018-04-02 filing date; intent to close all 257 remaining Best Buy Mobile stand-alone stores, with the majority expected to close in the first half of fiscal 2019. Fiscal 2018 charges of $9M comprised $8M employee termination benefits and $1M property and equipment impairments; expected total pre-tax charges of $55M-$65M, primarily store lease terminations payable in fiscal 2019. Termination benefits liability of $8M was outstanding at 2018-02-03. No employee headcount affected is disclosed. | ||
| 2018-02-03 | plant_closure | completed | 2018-02-03 | United States and Canada | Domestic and International segments — retail stores | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | During fiscal 2018 the company closed 70 Domestic stores (18 Best Buy large-format and 52 Best Buy Mobile stand-alone) and 2 International stores (Best Buy Mobile, Canada); no associated headcount impact is disclosed | ||||
| 2018-02-03 | restructuring | in_progress | 2018-03-01 | 2019-08-03 | United States | Domestic | USD 9 (millions) | Item 1. Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Announced intent to close 257 Best Buy Mobile stand-alone stores. Fiscal 2018 charges were $9 million ($8 million termination benefits, $1 million impairments). Total expected pre-tax charges $55-65 million. | ||
| 2018-02-03 | restructuring | completed | 2017-02-04 | 2018-02-03 | United States | Domestic | USD 0 (millions) | Note 4. Restructuring Charges f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | No restructuring charges incurred in fiscal 2018 related to Renew Blue Phase 2. | ||
| 2018-02-03 | restructuring | completed | 2016-02-06 | 2018-02-03 | Canada | International | USD -2 (millions) | Note 4. Restructuring Charges f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2018 benefit of $2 million related to adjustments to vacant space liabilities. | ||
| 2018-02-03 | restructuring | in_progress | 2018-03-01 | United States | Domestic | USD 9 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Announced intent to close 257 Best Buy Mobile stand-alone stores. Fiscal 2018 charges of $9 million included $8 million employee termination benefits and $1 million property impairments. Total expected pre-tax charges $55-65 million. | |||
| 2018-02-03 | restructuring | completed | 2017-02-04 | United States | Domestic | USD 0 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | No restructuring charges incurred in fiscal 2018 related to Renew Blue Phase 2. | |||
| 2018-02-03 | restructuring | completed | 2016-02-06 | Canada | International | USD -2 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Recorded a benefit of $2 million related to adjustments to vacant space liabilities due to changes in estimates related to sublease income. | |||
| 2018-02-03 | restructuring | in_progress | USD 10,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2018-02-03 | restructuring | in_progress | Impairment of Intangible Assets Related to Restructuring [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-02-03 | restructuring | in_progress | Inventory write-downs [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-02-03 | restructuring | in_progress | Property and equipment write-downs [Member] / Restructuring Program Best Buy Mobile [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-02-03 | restructuring | in_progress | Property and equipment write-downs [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-02-03 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program Best Buy Mobile [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-02-03 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-02-03 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] | USD -2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-02-03 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-02-03 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Domestic Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-02-03 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / International Segment [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-02-03 | restructuring | in_progress | Restructuring Program Best Buy Mobile [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-02-03 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] | USD -2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-02-03 | restructuring | in_progress | Restructuring Program Renew Blue Phase 2 [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-02-03 | restructuring | in_progress | Other Restructuring [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-10-28 | restructuring | in_progress | 2015-01-30 | Canada | International | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Canadian brand consolidation (Future Shop conversion/closures) still winding down: facility closure accrual of $18M at 2017-10-28 after $14M cash payments and $(3)M sublease-assumption adjustments YTD; no employee counts or current-period charges disclosed (YTD charge was a $(3)M benefit). Announcement date reflects first-quarter fiscal 2016 program start; exact date not stated in filing. | ||||
| 2017-10-28 | plant_closure | completed | United States | Domestic | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 21 Domestic stores closed during the quarter (16 Best Buy, 5 Best Buy Mobile); filing does not disclose associated workforce reductions or severance. Store count fell from 1,344 to 1,323. | |||||
| 2017-10-28 | restructuring | in_progress | Canada | International | USD -2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Canadian brand consolidation activity; charge represents facility closure and other costs adjustments. | ||||
| 2017-10-28 | restructuring | completed | United States | Domestic | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Renew Blue Phase 2; no charges incurred in the three or nine months ended Oct 28, 2017. | ||||
| 2017-10-28 | restructuring | in_progress | USD -2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2017-10-28 | restructuring | in_progress | Impairment of Intangible Assets Related to Restructuring [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-10-28 | restructuring | in_progress | Inventory write-downs [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-10-28 | restructuring | in_progress | Property and equipment write-downs [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-10-28 | restructuring | in_progress | Property and equipment write-downs [Member] / Restructuring Program Renew Blue Phase 2 [Member] / Domestic Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-10-28 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-10-28 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program Renew Blue Phase 2 [Member] / Domestic Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-10-28 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] | USD -2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-10-28 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-10-28 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] | USD -2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-10-28 | restructuring | in_progress | Restructuring Program Renew Blue Phase 2 [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-10-28 | restructuring | in_progress | Other Restructuring [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-07-29 | restructuring | in_progress | Canada | International | USD -1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Canadian brand consolidation ongoing wind-down; facility closure accrual $24M at quarter-end; no employee count disclosed this quarter | ||||
| 2017-07-29 | restructuring | in_progress | United States | Domestic | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Renew Blue residual vacant space liability activity; no restructuring accrual balance at quarter-end; no employee count disclosed | ||||
| 2017-07-29 | plant_closure | completed | United States | Domestic — Best Buy Mobile | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 6 Best Buy Mobile stores closed during Q2 FY2018 (298 to 292); workforce impact not quantified | |||||
| 2017-07-29 | restructuring | in_progress | Canada | International | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to Canadian brand consolidation and Renew Blue programs. Employee counts not disclosed for current period activity. | ||||
| 2017-07-29 | restructuring | in_progress | United States | Domestic | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | No charges incurred for Renew Blue Phase 2 in the three or six months ended July 29, 2017. | ||||
| 2017-07-29 | restructuring | in_progress | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2017-07-29 | restructuring | in_progress | Impairment of Intangible Assets Related to Restructuring [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-07-29 | restructuring | in_progress | Inventory write-downs [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-07-29 | restructuring | in_progress | Property and equipment write-downs [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-07-29 | restructuring | in_progress | Property and equipment write-downs [Member] / Restructuring Program Renew Blue Phase 2 [Member] / Domestic Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-07-29 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-07-29 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program Renew Blue Phase 2 [Member] / Domestic Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-07-29 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-07-29 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-07-29 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-07-29 | restructuring | in_progress | Restructuring Program Renew Blue Phase 2 [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-07-29 | restructuring | in_progress | Other Restructuring [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-04-29 | restructuring | completed | Domestic | Field and corporate teams | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Renew Blue Phase 2 plan. No charges incurred in Q1 FY2018. Program previously involved employee termination benefits and property impairments. | ||||
| 2017-04-29 | plant_closure | completed | Domestic | Retail Stores | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closed 2 Best Buy stores and 11 Best Buy Mobile stand-alone stores during the quarter. Total Domestic stores decreased from 1,363 to 1,350. | |||||
| 2017-04-29 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-04-29 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member and] [Domain] / International Segment [Member] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-04-29 | restructuring | in_progress | Restructuring Program Renew Blue Phase 2 [Member] [Domain] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-04-29 | restructuring | in_progress | Other Restructuring [Member] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-04-29 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2017-01-28 | restructuring | completed | United States | Domestic segment — field and corporate teams | USD 26 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Actions taken in the first quarter of fiscal 2017 to simplify certain operations and restructure field and corporate teams. Fiscal 2017 charges of $26 million comprised $18 million of employee termination benefits and $8 million of property and equipment impairments; the termination-benefits accrual was fully settled (zero balance) by January 28, 2017. | ||||
| 2017-01-28 | plant_closure | completed | 2015-03 | Canada | International segment | USD 3 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year program announced March 2015: 66 Future Shop stores permanently closed and 65 converted to the Best Buy brand in the first quarter of fiscal 2016, including $25 million of employee termination benefits recognized in fiscal 2016. Current-year (fiscal 2017) activity was residual only — $3 million of lease-exit charges. Cumulative program restructuring charges reached $203 million through fiscal 2017, with a $34 million facility-closure and other costs liability remaining at year-end. | |||
| 2017-01-28 | restructuring | completed | 2012-11 | Primarily Canada (International segment) | International segment | USD 5 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Transformation program introduced November 2012, begun in the fourth quarter of fiscal 2013. Fiscal 2017 charges of $5 million are residual adjustments to remaining termination-benefit and vacant-space liabilities, primarily in the International segment (Domestic charge: $0). Termination-benefits liability was $0 and vacant-space liability was $9 million at January 28, 2017. | |||
| 2017-01-28 | plant_closure | completed | United States | Domestic segment — 11 U.S. Best Buy large-format stores and 41 Best Buy Mobile stand-alone stores closed | MD&A f5-10k / GLM-5.3-flash-HTML | Routine store-portfolio closures during fiscal 2017 (52 stores in total: 11 large-format Best Buy and 41 small-format Best Buy Mobile stand-alone). The filing states net store changes did not materially affect revenue; no headcount, severance or associated charge is attributed to these closures. | |||||
| 2017-01-28 | plant_closure | completed | Canada; Mexico | International segment — 2 Canada Best Buy stores, 4 Canada Best Buy Mobile stores and 1 Mexico Express store closed | MD&A f5-10k / GLM-5.3-flash-HTML | Routine store-portfolio closures during fiscal 2017 (7 stores in total). No headcount, severance or associated charge is attributed to these closures in the filing. | |||||
| 2017-01-28 | restructuring | completed | United States | Domestic | USD 26 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Actions taken in the first quarter of fiscal 2017 to simplify operations and restructure field and corporate teams; $26M comprised of $18M termination benefits and $8M property and equipment impairments. Termination benefits liability was $0 at fiscal year-end. No headcount affected disclosed. | ||||
| 2017-01-28 | plant_closure | completed | 2015-03-01 | Canada | International | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Consolidation of Future Shop and Best Buy stores/websites under the Best Buy brand: 66 Future Shop stores permanently closed and 65 converted (completed in fiscal 2016). Current fiscal year activity was $3M of lease exit costs; cumulative charges through fiscal 2017 were $203M. No employee counts disclosed; announcement month stated as March 2015 (day not given). | |||
| 2017-01-28 | plant_closure | completed | United States | Domestic | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 52 Domestic stores closed during fiscal 2017 (11 Best Buy large-format and 41 Best Buy Mobile stand-alone); no stores opened. Filer states closures had no material revenue impact; no associated headcount disclosed. | |||||
| 2017-01-28 | plant_closure | completed | Canada; Mexico | International | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 3 International stores opened and 7 closed during fiscal 2017 (2 Best Buy and 4 Best Buy Mobile in Canada, 1 Best Buy Express in Mexico). No associated headcount disclosed. | |||||
| 2017-01-28 | restructuring | completed | 2017-02-01 | United States | Domestic Segment | USD 26 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Renew Blue Phase 2 plan initiated in Q1 FY2017. Charges primarily consisted of employee termination benefits and property and equipment impairments. Employee count not explicitly disclosed. | |||
| 2017-01-28 | restructuring | completed | 2016-02-01 | Canada | International Segment | USD 3 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Continuation of Canadian brand consolidation initiated in FY2016. Charges related to lease exit costs. Employee count not explicitly disclosed for FY2017 activity. | |||
| 2017-01-28 | restructuring | completed | 2017-02-01 | United States | Domestic Segment | USD 5 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Activity related to remaining termination benefits and vacant space liabilities from Renew Blue program started in FY2013. | |||
| 2017-01-28 | restructuring | completed | 2017-02-01 | United States | Domestic Segment | USD 5 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Activity related to remaining vacant space liability for U.S. large-format store closures in FY2013. | |||
| 2017-01-28 | restructuring | completed | 2017-02-01 | United States | Domestic | USD 26 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Renew Blue Phase 2 plan initiated in Q1 FY2017. Charges primarily consisted of employee termination benefits and property and equipment impairments. Employee count not explicitly disclosed. | |||
| 2017-01-28 | restructuring | completed | 2016-02-01 | Canada | International | USD 3 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | FY2017 charges related to adjustments to vacant space liabilities from the Canadian brand consolidation. Employee count not explicitly disclosed for FY2017 activity. | |||
| 2017-01-28 | restructuring | in_progress | USD 39,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2017-01-28 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program Renew Blue Phase 2 [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-01-28 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-01-28 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] / Continuing Operations [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-01-28 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] / Continuing Operations [Member] | USD 200,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-01-28 | restructuring | in_progress | Restructuring Program Renew Blue Phase 2 [Member] / Continuing Operations [Member] | USD 26,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-01-28 | restructuring | in_progress | Other Restructuring [Member] / Continuing Operations [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-01-28 | restructuring | in_progress | Continuing Operations [Member] | USD 39,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | United States | Domestic | USD 26 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Actions taken in Q1 fiscal 2017 to simplify operations and restructure field and corporate teams; nine-month charges comprise $18M termination benefits and $8M property/equipment impairments. No employee count disclosed. Termination-benefit accrual: $19M charged, $16M paid, $1M balance at 2016-10-29. | ||||
| 2016-10-29 | plant_closure | completed | United States | Domestic | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 12 Domestic stores closed during Q3 fiscal 2017 (9 Best Buy, 3 Best Buy Mobile stand-alone), reducing count from 1,397 to 1,385. No associated workforce reduction figure disclosed. | |||||
| 2016-10-29 | plant_closure | completed | Canada, Mexico | International | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2 International stores closed during Q3 fiscal 2017 (1 Best Buy Mobile stand-alone in Canada, 1 Express in Mexico), reducing count from 213 to 211. No associated workforce reduction figure disclosed. | |||||
| 2016-10-29 | restructuring | in_progress | 2016-02-01 | United States | Domestic | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Renew Blue Phase 2 activity. Charge consists primarily of employee termination benefits and property impairments. Employee count not disclosed. | |||
| 2016-10-29 | restructuring | in_progress | 2015-02-01 | Canada | International | USD -2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Canadian brand consolidation. Benefit due to changes in facility closure and other cost assumptions. Employee count not disclosed. | |||
| 2016-10-29 | restructuring | in_progress | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-10-29 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] / Continuing Operations [Member] | USD -2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member and] [Domain] / International Segment [Member] / Continuing Operations [Member] | USD -2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | Restructuring Program Renew Blue Phase 2 [Member] [Domain] / Continuing Operations [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | Other Restructuring [Member] / Continuing Operations [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program Canadian Brand Consolidation [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program Renew Blue Phase 2 [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program Canadian Brand Consolidation [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | United States | Domestic | USD 25 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charges for the six months ended 2016-07-30; composition table shows $7M property and equipment impairments and $18M termination benefits. Termination benefit accrual: $19M charges, $15M cash payments, $2M balance at quarter end. Filer states plan actions began in the first quarter of fiscal 2017; no employee count, announcement date, or completion date disclosed. Second quarter recorded a $2M net benefit. | ||||
| 2016-07-30 | restructuring | in_progress | 2015-03-28 | Canada | International | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge shown is the six months ended 2016-07-30 (facility closure and other costs); second quarter charge was $2M. Program consolidated Future Shop into Best Buy, closing 66 Future Shop stores and converting 65 others. Cumulative charges of $201M through 2016-07-30; remaining accrual $51M ($1M termination benefits, $50M facility closure and other costs). No employee headcount impact disclosed. | |||
| 2016-07-30 | plant_closure | completed | United States | Domestic | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Five Domestic stores closed during the second quarter of fiscal 2017 (1 Best Buy, 4 Best Buy Mobile stand-alone), reducing Domestic stores from 1,402 to 1,397. No associated headcount impact disclosed. | |||||
| 2016-07-30 | plant_closure | completed | Canada | International | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Two Best Buy Mobile stand-alone stores closed in Canada during the second quarter of fiscal 2017, reducing International stores from 215 to 213. No associated headcount impact disclosed. | |||||
| 2016-07-30 | restructuring | in_progress | United States | Domestic | USD 25 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Renew Blue Phase 2 plan. Charges primarily consisted of employee termination benefits and property and equipment impairments. Employee count not disclosed. | ||||
| 2016-07-30 | restructuring | in_progress | Canada | International | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Canadian brand consolidation. Charges due to changes in facility closure and other costs assumptions. Employee count not disclosed. | ||||
| 2016-07-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-07-30 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] / Continuing Operations [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] / Continuing Operations [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | Restructuring Program Renew Blue Phase 2 [Member] [Domain] / Continuing Operations [Member] | USD -2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program Canadian Brand Consolidation [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program Renew Blue Phase 2 [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program Canadian Brand Consolidation [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | Other Restructuring [Member] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-04-30 | restructuring | in_progress | United States | Domestic | USD 27 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Strategic actions to eliminate and simplify operations and restructure field and corporate teams. Charges comprise $20M termination benefits and $7M property and equipment impairments; number of employees affected not disclosed. Termination benefit accrual was $15M at April 30, 2016 after $4M of cash payments. | ||||
| 2016-04-30 | plant_closure | completed | United States | Domestic | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 13 Domestic stores closed during the quarter (1 Best Buy, 12 Best Buy Mobile stand-alone), reducing the count from 1,415 to 1,402; associated headcount impact not disclosed. | |||||
| 2016-04-30 | plant_closure | completed | Canada | International | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 1 Best Buy store closed in Canada during the quarter, reducing International stores from 216 to 215; associated headcount impact not disclosed. | |||||
| 2016-04-30 | restructuring | in_progress | Domestic | Field and corporate teams | USD 27 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Renew Blue Phase 2 plan; charges primarily consisted of employee termination benefits and property and equipment impairments. Specific headcount not disclosed. | ||||
| 2016-04-30 | restructuring | in_progress | International | Canada | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Canadian brand consolidation; benefit due to changes in facility closure and other costs assumptions. Specific headcount not disclosed. | ||||
| 2016-04-30 | restructuring | in_progress | USD 29,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-04-30 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program Canadian Brand Consolidation [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-04-30 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program Renew Blue Phase 2 [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-04-30 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program Canadian Brand Consolidation [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-04-30 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-04-30 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-04-30 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] / Continuing Operations [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-04-30 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] / Continuing Operations [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-04-30 | restructuring | in_progress | Restructuring Program Renew Blue Phase 2 [Member] [Domain] / Continuing Operations [Member] | USD 27,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-04-30 | restructuring | in_progress | Restructuring Program Renew Blue Phase 2 [Member] / Continuing Operations [Member] | USD 27,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-04-30 | restructuring | in_progress | Other Restructuring [Member] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-01-30 | restructuring | completed | 2015-03 | Canada | International segment — consolidation of Future Shop and Best Buy brands; 66 Future Shop stores permanently closed and 65 converted to Best Buy brand | USD 200 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Fiscal 2016 charges of $200 million comprised $25 million employee termination benefits, $102 million facility closure and other costs, $30 million property and equipment impairments, $40 million Future Shop tradename impairment and $3 million inventory write-downs. Headcount affected not disclosed. Item 1 and Note 4 cite 66 permanent closures; the store reconciliation table and MD&A cite 68 Canadian store closures. MD&A cites $209 million of total pre-tax charges related to the actions including items that did not qualify as restructuring charges, and up to $35 million of additional non-restructuring asset impairment charges may be incurred in future periods. | |||
| 2016-01-30 | restructuring | in_progress | 2012 | United States, Canada and Mexico (Domestic and International segments) | Enterprise-wide Renew Blue program — headcount reduction, store operating model changes and real estate portfolio optimization | USD -2 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year program launched in the fourth quarter of fiscal 2013. Fiscal 2016 activity was $2 million of net favorable adjustments (no new charges): $1 million in the Domestic segment from changes in retention assumptions for employee termination benefits and $1 million in the International segment for facility closure and other costs. Cumulative Renew Blue restructuring charges through end of fiscal 2016 were $363 million ($335 million in continuing operations). Management expects to continue cost reduction initiatives in fiscal 2017. | |||
| 2016-01-30 | plant_closure | completed | United States | Domestic segment — closures across 13 Best Buy large-format stores, 17 Best Buy Mobile stand-alone stores, 1 Pacific Sales store and 2 Magnolia Audio Video stores | MD&A f5-10k / GLM-5.3-flash-HTML | 33 Domestic segment stores closed during fiscal 2016 as the company continuously monitors store performance and evaluates options as leases approach expiration. No employee counts or restructuring charges were disclosed for these closures. | |||||
| 2016-01-30 | divestiture_reduction | completed | 2014-12-03 | 2015-02-13 | China | International segment (discontinued operations) — Jiangsu Five Star Appliance Co., Ltd. | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sale of Five Star completed February 13, 2015, in the first quarter of fiscal 2016, with a $99 million gain on sale recognized in discontinued operations. The number of employees removed through the divestiture is not disclosed. | |||
| 2016-01-30 | plant_closure | completed | 2015-03 | 2016-01-30 | Canada | International segment — retail | USD 200 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 66 Future Shop stores permanently closed as part of brand consolidation; $200M restructuring charge for continuing operations, within total pre-tax charges of approximately $209M. Employee headcount affected not disclosed; up to $35M of additional non-restructuring impairment charges may follow. | ||
| 2016-01-30 | restructuring | completed | 2015-03 | 2016-01-30 | Canada | International segment — retail | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 65 Future Shop stores converted to the Best Buy brand and the Future Shop website eliminated; charge included within the $200M Canadian brand consolidation restructuring charge. Headcount affected not disclosed. | |||
| 2016-01-30 | divestiture_reduction | completed | 2014-12-03 | 2015-02-13 | China | International segment — Five Star (discontinued operations) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Jiangsu Five Star Appliance Co., Ltd. completed in the first quarter of fiscal 2016 with a $99M gain; headcount removed not disclosed. | |||
| 2016-01-30 | plant_closure | completed | 2016-01-30 | United States | Domestic segment — retail | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 33 Domestic stores closed during fiscal 2016 (13 Best Buy, 17 Best Buy Mobile stand-alone, 1 Pacific Sales); no associated workforce reduction or charge disclosed. | ||||
| 2016-01-30 | restructuring | completed | 2015-03-01 | Canada | International | USD 200 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Consolidation of Future Shop and Best Buy stores/websites in Canada. Resulted in permanent closure of 66 Future Shop stores and conversion of 65 Future Shop stores to Best Buy brand. Employee count not explicitly disclosed. | |||
| 2016-01-30 | restructuring | completed | 2013-10-01 | Global | Domestic and International | USD -2 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Favorable adjustments related to Renew Blue initiatives. Employee count not explicitly disclosed. | |||
| 2016-01-30 | restructuring | completed | 2016-01-30 | 2016-01-30 | Canada | International | USD 200 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Canadian brand consolidation: closure of 66 Future Shop stores and conversion of 65 stores. Charges include lease exit costs, impairments, and termination benefits. Employee count not explicitly disclosed. | ||
| 2016-01-30 | restructuring | completed | 2016-01-30 | 2016-01-30 | United States | Domestic | USD 2 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Renew Blue Phase 2 cost reduction initiatives. Employee count not explicitly disclosed. | ||
| 2016-01-30 | restructuring | in_progress | USD 198,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2016-01-30 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] | USD -2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-01-30 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-01-30 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / International Segment [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-01-30 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member] | USD -2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-01-30 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] / Continuing Operations [Member] | USD 200,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-01-30 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] / Continuing Operations [Member] | USD 200,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-01-30 | restructuring | in_progress | Other Restructuring [Member] / Continuing Operations [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-01-30 | restructuring | in_progress | Continuing Operations [Member] | USD 201,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-10-31 | restructuring | in_progress | Canada | International | USD 189 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Occurred in Q1 fiscal 2016; no announcement date stated. Closed 66 Future Shop stores, converted 65 to Best Buy brand. $189M charges in first nine months (incl. $26M termination benefits, $4M inventory write-downs in COGS); $9M additional non-restructuring charges. Total expected $210M-$250M, with transformation continuing through fiscal 2017 and 2018. Employees affected not disclosed. | ||||
| 2015-10-31 | restructuring | in_progress | United States | Domestic | USD -2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing cost-reduction program including headcount reduction; launched Q4 fiscal 2013. Net $2M benefit recorded in first nine months of fiscal 2016 (continuing operations). Program expected to continue through fiscal 2016 and into fiscal 2017; employees affected not disclosed. | ||||
| 2015-10-31 | plant_closure | completed | 2015-10-31 | United States | Domestic | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Two Best Buy Mobile stand-alone stores closed during the third quarter of fiscal 2016; employees affected not disclosed. | ||||
| 2015-10-31 | plant_closure | announced | United States | Domestic | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine Best Buy stores closed after quarter end; closure decisions and related termination-benefit expenses recorded before October 31, 2015. Employees affected not disclosed. | |||||
| 2015-10-31 | restructuring | in_progress | 2015-02-01 | 2018-01-31 | Canada | International | USD 189 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Canadian brand consolidation: permanent closure of 66 Future Shop stores and conversion of 65 stores. Charges include lease exit costs, impairments, and termination benefits. Total expected charges $210M-$250M. | ||
| 2015-10-31 | restructuring | in_progress | 2013-11-01 | 2017-01-31 | Global | Domestic and International | USD -2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Renew Blue strategy: cost reduction initiatives including headcount reduction. Recognized $2M benefit in first nine months of fiscal 2016. | ||
| 2015-10-31 | plant_closure | completed | 2015-10-31 | 2015-10-31 | United States | Domestic | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closed nine Best Buy stores subsequent to the end of the third quarter. Decision made prior to quarter end; related expenses recorded prior to quarter end. | |||
| 2015-10-31 | restructuring | in_progress | USD 189,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2015-10-31 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member] | USD -2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-10-31 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] / Continuing Operations [Member] | USD 189,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-10-31 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] / Continuing Operations [Member] | USD 189,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-10-31 | restructuring | in_progress | Other Restructuring [Member] / Continuing Operations [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-10-31 | restructuring | in_progress | Continuing Operations [Member] | USD 189,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-08-01 | plant_closure | in_progress | Canada | International | USD 184 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Consolidation of Future Shop and Best Buy brands in Q1 fiscal 2016: 66 Future Shop stores permanently closed and 65 converted to Best Buy. $184M restructuring charges in first six months of fiscal 2016 (incl. $5M inventory write-downs in COGS); total expected pre-tax charges $200M-$280M, of which $140M-$180M cash. No employee count disclosed; charges include $24M termination benefits. Expected substantially complete in fiscal 2016. | ||||
| 2015-08-01 | restructuring | in_progress | United States; International | Domestic; International | USD -2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Renew Blue cost-reduction program (launched Q4 fiscal 2013) recorded a $2M benefit in the first six months of fiscal 2016, primarily from higher-than-expected employee retention. No employees-affected count disclosed. Cumulative charges through 2015-08-01 of $363M. | ||||
| 2015-08-01 | divestiture_reduction | completed | 2015-02-13 | China | International | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Jiangsu Five Star Appliance Co. completed 2015-02-13; $99M gain on sale recorded in first six months of fiscal 2016. One Shanghai retail property remains held for sale. No headcount associated with the divestiture is disclosed. | ||||
| 2015-08-01 | restructuring | in_progress | 2015-02-01 | 2016-01-31 | Canada | International | USD 184 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Canadian brand consolidation: permanent closure of 66 Future Shop stores and conversion of 65 stores. Charges include lease exit costs, impairments, and termination benefits. Employee count not explicitly disclosed. | ||
| 2015-08-01 | restructuring | in_progress | 2013-11-01 | United States | Domestic | USD -2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Renew Blue strategy: cost reduction initiatives including headcount reduction. Benefit of $2M recorded due to higher-than-expected employee retention. Employee count not explicitly disclosed. | |||
| 2015-08-01 | restructuring | in_progress | USD 182,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2015-08-01 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member] | USD -2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-08-01 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] / Continuing Operations [Member] | USD 184,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-08-01 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] / Continuing Operations [Member] | USD 184,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-08-01 | restructuring | in_progress | Other Restructuring [Member] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-08-01 | restructuring | in_progress | Continuing Operations [Member] | USD 182,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-05-02 | restructuring | in_progress | 2015-03 | 2016-01-30 | Canada | International | USD 188 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Consolidated Future Shop into Best Buy brand: 66 stores permanently closed in March 2015, 65 converted. Charge includes $8M inventory write-downs in COGS; $191M total pre-tax charges including other non-restructuring costs. Expected total $200M-$280M, of which $140M-$180M cash. No employee count disclosed. | ||
| 2015-05-02 | divestiture_reduction | completed | 2015-02-13 | China | International | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Jiangsu Five Star Appliance Co. completed 2015-02-13 with a $99M gain; $951M assets and $606M liabilities disposed. Headcount removed not disclosed. | ||||
| 2015-05-02 | restructuring | in_progress | United States | Domestic | USD -2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing cost-reduction program begun in Q4 fiscal 2013; net benefit of $2M in the quarter from higher-than-expected employee retention. No employee count disclosed; program continues through fiscal 2016. | ||||
| 2015-05-02 | restructuring | in_progress | 2015-03-01 | 2016-01-31 | Canada | International | USD 188 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Canadian brand consolidation: permanent closure of 66 Future Shop stores and conversion of 65 stores. Charges include lease exit costs, impairments, and termination benefits. Employee count not disclosed. | ||
| 2015-05-02 | restructuring | in_progress | 2014-01-01 | United States | Domestic | USD -2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Renew Blue initiatives: benefit of $2 million due to higher-than-expected employee retention. Employee count not disclosed. | |||
| 2015-05-02 | restructuring | in_progress | Other Restructuring [Member] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-05-02 | restructuring | in_progress | USD 186,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2015-05-02 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member] | USD -2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-05-02 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] / Continuing Operations [Member] | USD 188,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-05-02 | restructuring | in_progress | Restructuring Program Canadian Brand Consolidation [Member] / Continuing Operations [Member] | USD 188,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-05-02 | restructuring | in_progress | Continuing Operations [Member] | USD 186,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-01-31 | restructuring | in_progress | 2012 | United States | Domestic segment | USD 10 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year Renew Blue cost-reduction program launched in Q4 fiscal 2013; record reflects fiscal 2015 charges only: $9 million employee termination benefits plus $1 million facility closure and other costs. Company expects to continue the initiatives through fiscal 2016; no employee headcount disclosed. | |||
| 2015-01-31 | restructuring | in_progress | 2012 | Canada and Mexico; discontinued operations relate to Five Star (China) | International segment | USD 19 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Fiscal 2015 Renew Blue charges: $1 million from continuing operations (termination benefits, property/equipment impairments, offset by facility closure credits) and $18 million from discontinued operations tied to Five Star ($12 million termination benefits, $6 million facility closure costs). No employee headcount disclosed. | |||
| 2015-01-31 | restructuring | announced | 2015-03 | Canada | International segment — Future Shop / Best Buy store network consolidation | USD 200 (millions) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Decision to consolidate Future Shop and Best Buy stores/websites under Best Buy brand: 66 Future Shop stores permanently closed and 65 converted. Expected pre-tax restructuring charges and non-restructuring impairments of $200 million to $280 million (low end used here), majority to be recorded in Q1 fiscal 2016, including approximately $140 million to $180 million of cash charges (future rent obligations and severance) paid over about 5 years. Two additional Future Shop locations were closed in March 2015 as part of normal operations. No employee headcount disclosed. | |||
| 2015-01-31 | divestiture_reduction | completed | 2014-12-03 | 2015-02-13 | China | International segment — Jiangsu Five Star Appliance (discontinued operations) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Definitive agreement entered December 3, 2014 to sell the Five Star business; 181 Five Star store locations (5,928,000 square feet) were held for sale at fiscal year-end. Sale completed February 13, 2015, with the expected gain to be reported in Q1 fiscal 2016 discontinued operations. Employee headcount removed by the divestiture not disclosed. | |||
| 2015-01-31 | restructuring | in_progress | United States, Canada, Mexico | Domestic and International segments | USD 29 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2015 charges of $29M ($10M Domestic, $19M International) for termination benefits, property and equipment impairments and facility closure costs; $14M of the total was termination benefits in continuing operations. Program began in Q4 fiscal 2013 and continues into fiscal 2016; only current-year charges shown. Headcount affected not disclosed. | ||||
| 2015-01-31 | plant_closure | announced | 2015-03 | Canada | International segment — Future Shop and Best Buy retail | USD 200 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | March 2015 decision to consolidate Future Shop and Best Buy stores/websites under the Best Buy brand: 66 Future Shop stores permanently closed and 65 converted. Disclosed charge range is $200M to $280M (lower bound shown), including $140M to $180M of cash charges paid over 5 years; majority expected in Q1 fiscal 2016. Announcement month only (March 2015). Employees affected not disclosed. | |||
| 2015-01-31 | divestiture_reduction | completed | 2014-12-03 | 2015-02-13 | China | International segment — Five Star (discontinued operations) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell Jiangsu Five Star Appliance Co. signed December 3, 2014; business classified as held for sale at January 31, 2015 (181 store locations, 5,928,000 sq ft) and sale completed February 13, 2015. Employees affected not disclosed. | |||
| 2015-01-31 | plant_closure | completed | 2015-01-31 | United States | Domestic segment retail stores | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 48 Domestic stores closed during fiscal 2015 (40 Best Buy Mobile stand-alone, 5 Best Buy, 1 Pacific Sales, 2 Magnolia Audio Video), reducing Domestic store count from 1,495 to 1,448. Headcount impact not disclosed; closures concentrated in Q4. | ||||
| 2015-01-31 | plant_closure | completed | 2015-01-31 | Canada and Mexico | International segment retail stores | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 6 International stores closed during fiscal 2015 (5 Future Shop, 1 Best Buy Canada), reducing International store count from 284 to 283. Headcount impact not disclosed. | ||||
| 2015-01-31 | restructuring | completed | 2014-02-01 | 2015-01-31 | Global | Domestic and International | USD 5 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2015 restructuring charges of $5 million ($4 million net of taxes) from continuing operations. Includes $4 million in Domestic segment and $1 million in International segment. Employee count not disclosed. | ||
| 2015-01-31 | plant_closure | completed | 2015-03-01 | 2015-03-31 | Canada | International | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Consolidation of Future Shop and Best Buy stores in Canada. 66 Future Shop stores permanently closed; 65 converted to Best Buy brand. Employee count not disclosed. | |||
| 2015-01-31 | divestiture_reduction | completed | 2014-12-03 | 2015-02-13 | China | International | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of Five Star (Jiangsu Five Star Appliance Co., Ltd.) completed on February 13, 2015. Employee count not disclosed. | |||
| 2015-01-31 | divestiture_reduction | completed | 2014-02-01 | 2014-02-01 | United States | Domestic | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of mindSHIFT Technologies, Inc. completed on February 1, 2014. Employee count not disclosed. | |||
| 2015-01-31 | restructuring | completed | 2014-02-01 | 2015-01-31 | Domestic and International | Corporate and Store Operations | USD 5 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Renew Blue restructuring charges recorded in fiscal 2015. Employee count not explicitly disclosed for this period's charges. | ||
| 2015-01-31 | plant_closure | announced | 2015-03-01 | Canada | Retail Stores | USD 240 (millions) | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Consolidation of Future Shop and Best Buy stores in Canada. 66 Future Shop stores permanently closed, 65 converted. Estimated total pre-tax charges of $200M-$280M. | |||
| 2015-01-31 | restructuring | in_progress | USD 5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2015-01-31 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] | USD 63,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-01-31 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Employee Severance [Member] | USD 47,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-01-31 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Facility Closing [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-01-31 | restructuring | in_progress | Other Restructuring [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-01-31 | restructuring | in_progress | Other Restructuring [Member] / Facility Closing [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | United States | Domestic | USD 12 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Renew Blue program includes headcount reduction; no employees-affected count disclosed. Charge is the nine months ended 2014-11-01 Domestic component. Program stated to continue through remainder of fiscal 2015. | ||||
| 2014-11-01 | restructuring | in_progress | International | International | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Renew Blue program includes headcount reduction; no employees-affected count disclosed. Charge is the nine months ended 2014-11-01 International component. | ||||
| 2014-11-01 | plant_closure | completed | United States | Domestic | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Four stores closed during the quarter (1 Best Buy, 2 Best Buy Mobile stand-alone, 1 Magnolia Audio Video stand-alone); no associated workforce count disclosed. | |||||
| 2014-11-01 | plant_closure | completed | China | International | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Four Five Star stores closed during the quarter (offset by four opened); no associated workforce count disclosed. | |||||
| 2014-11-01 | divestiture_reduction | announced | 2014-12-03 | China | International | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to sell Jiangsu Five Star Appliance Co. and exit China retail; closing contingent on regulatory approvals, expected in Q1 fiscal 2016. No headcount figure disclosed; company states no material impact expected. | ||||
| 2014-11-01 | restructuring | in_progress | 2013-11-01 | Domestic | Domestic Segment | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Renew Blue initiative. Charges primarily due to employee termination benefits and facility closure costs. No specific headcount disclosed for the quarter. | |||
| 2014-11-01 | restructuring | in_progress | 2013-11-01 | International | International Segment | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Renew Blue initiative. Charges primarily due to employee termination benefits and facility closure costs. No specific headcount disclosed for the quarter. | |||
| 2014-11-01 | restructuring | completed | 2012-08-01 | Domestic | Domestic Segment | USD -6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2013 U.S. restructuring. Reduction in charges due to changes in sublease assumptions and lease buyouts. Program activities completed. | |||
| 2014-11-01 | restructuring | in_progress | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2014-11-01 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member] | USD 23,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program 2013 U.S. [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member] | USD -6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Inventory write-downs [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Property and equipment write-downs [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Investments Impairment Charge Related to Restructuring [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / International Segment [Member] / Continuing Operations [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Inventory write-downs [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / International Segment [Member] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Property and equipment write-downs [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / International Segment [Member] / Continuing Operations [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Investments Impairment Charge Related to Restructuring [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Inventory write-downs [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / International Segment [Member] / Continuing Operations [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Property and equipment write-downs [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Investments Impairment Charge Related to Restructuring [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / International Segment [Member] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / International Segment [Member] / Continuing Operations [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Restructuring Program 2013 U.S. [Member] [Domain] / Continuing Operations [Member] | USD -6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Continuing Operations [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Restructuring Program 2013 U.S. [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member] | USD -6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program 2013 U.S. [Member] [Domain] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] | USD 35,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-01 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] | USD 47,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Domestic (U.S.) | Domestic segment | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended 2014-08-02 charges; primarily employee termination benefits. No employee count disclosed. Company expects to continue cost reduction initiatives through fiscal 2015. | ||||
| 2014-08-02 | restructuring | in_progress | International | International segment | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended 2014-08-02 charges; no employee count disclosed. Renew Blue program total for the period was $14 million across both segments. | ||||
| 2014-08-02 | restructuring | completed | United States | Domestic segment | USD -6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Negative charge reflects a reduction from changes in sublease assumptions and a lease buyout. Program (49 large-format store closures) reported as complete; no employee count disclosed for the period. | ||||
| 2014-08-02 | plant_closure | completed | United States | Domestic segment | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 16 stores closed during Q2 fiscal 2015 (15 Best Buy Mobile stand-alone, 1 Pacific Sales stand-alone); no associated employee count disclosed. | |||||
| 2014-08-02 | plant_closure | completed | Canada; China | International segment | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 4 stores closed during Q2 fiscal 2015 (2 Future Shop in Canada, 2 Five Star in China); no associated employee count disclosed. | |||||
| 2014-08-02 | restructuring | in_progress | 2013-11-01 | Domestic | Domestic Segment | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Renew Blue initiative; charges primarily due to employee termination benefits. | |||
| 2014-08-02 | restructuring | in_progress | 2013-11-01 | International | International Segment | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Renew Blue initiative; charges primarily due to employee termination benefits. | |||
| 2014-08-02 | restructuring | completed | 2012-11-01 | Domestic | Domestic Segment | USD -6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2013 U.S. restructuring; reduction in charges due to changes in sublease assumptions and lease buyouts. | |||
| 2014-08-02 | restructuring | in_progress | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2014-08-02 | restructuring | in_progress | Restructuring Program 2013 U.S. [Member] [Domain] / Continuing Operations [Member] | USD -6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Continuing Operations [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program 2013 U.S. [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member] | USD -6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Restructuring Program 2013 U.S. [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member] | USD -6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] | USD 28,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] | USD 35,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Inventory write-downs [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Investments Impairment Charge Related to Restructuring [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / International Segment [Member] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Property and equipment write-downs [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Investments Impairment Charge Related to Restructuring [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / International Segment [Member] / Continuing Operations [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Property and equipment write-downs [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Investments Impairment Charge Related to Restructuring [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / International Segment [Member] / Continuing Operations [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Property and equipment write-downs [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / International Segment [Member] / Continuing Operations [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Inventory write-downs [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Inventory write-downs [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / International Segment [Member] / Continuing Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Employee Severance [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / International Segment [Member] / Continuing Operations [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-02 | restructuring | in_progress | Facility Closing [Member] / Restructuring Program 2013 U.S. [Member] [Domain] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-05-03 | restructuring | in_progress | 2012-11-01 | United States; International | Domestic; International | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Renew Blue program ongoing; Q1 FY2015 charges of $7M primarily for employee termination benefits from new actions, partly offset by prior-action adjustments. No employee count disclosed. Cumulative program charges $343M through May 3, 2014. | |||
| 2014-05-03 | plant_closure | completed | United States | Domestic | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Three Domestic stores closed during Q1 FY2015 (2 Best Buy, 1 Best Buy Mobile stand-alone). No associated workforce reduction count disclosed. | |||||
| 2014-05-03 | plant_closure | completed | China | International | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Four Five Star stores closed in China during Q1 FY2015. No associated workforce reduction count disclosed. | |||||
| 2014-05-03 | restructuring | in_progress | Domestic | Domestic Segment | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Renew Blue initiative charges primarily due to employee termination benefits from new actions, partially offset by adjustments. | ||||
| 2014-05-03 | restructuring | in_progress | International | International Segment | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Renew Blue initiative charges. | ||||
| 2014-05-03 | restructuring | in_progress | United States | Domestic Segment | USD -4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2013 U.S. restructuring adjustments to reduce termination benefits liability and facility closure cost liabilities. | ||||
| 2014-05-03 | restructuring | in_progress | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2014-05-03 | restructuring | in_progress | Restructuring Program 2013 U.S. [Member] [Domain] / Facility Closing [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-05-03 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Employee Severance [Member] | USD 22,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-05-03 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] | USD 24,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-05-03 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Facility Closing [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-02-01 | restructuring | completed | 2012 | United States | Domestic segment | USD -6 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year program initiated in fiscal Q1 2013 (quarter ended May 5, 2012), covering closure of 49 large-format U.S. Best Buy stores plus store and corporate operating-model changes; headcount affected was not quantified. Fiscal 2014 activity was limited to a $6 million charge reduction from buying out a lease below the remaining vacant-space liability (cumulative program charges $251 million). No further material charges expected, though lease payments on vacated stores continue until expiry. | |||
| 2014-02-01 | restructuring | in_progress | 2012-11 | 2015-01-31 | United States | Domestic segment | USD 129 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Renew Blue initiatives (headcount reduction, store operating-model update, real-estate optimization) began in fiscal Q4 2013 and continued through fiscal 2014; Renew Blue was announced to investors in fall 2012. Fiscal 2014 Domestic charges: $106M employee termination benefits, $16M investment impairments, $7M property and equipment impairments. Cost-reduction initiatives expected to continue throughout fiscal 2015 (annualized cost target raised to $1 billion). Number of employees affected not disclosed. | ||
| 2014-02-01 | restructuring | in_progress | 2012-11 | 2015-01-31 | Canada, China and Mexico | International segment | USD 36 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Fiscal 2014 International charges: $28M employee termination benefits, $6M facility closure and other costs, $2M property and equipment impairments. MD&A attributes the charges primarily to employee termination benefits from Renew Blue cost-reduction initiatives. Number of employees affected not disclosed. | ||
| 2014-02-01 | restructuring | completed | 2012 | 2013-06-26 | Europe | International segment (Best Buy Europe) | USD 95 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Program initiated in fiscal Q3 2013 (quarter ended November 3, 2012) to restructure Best Buy Europe operations. Fiscal 2014 charges, all reported within discontinued operations: $36M termination benefits, $45M property and equipment impairments, $7M inventory write-downs, $4M tradename impairment, $3M facility closure costs (cumulative $131M). Program concluded upon the June 26, 2013 sale of Best Buy Europe; no further charges expected. Headcount affected not quantified. | ||
| 2014-02-01 | divestiture_reduction | completed | 2013-06-26 | 2013-06-26 | Europe | International segment (Best Buy Europe Distributions Limited) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sold 50% ownership interest to Carphone Warehouse Group plc on June 26, 2013; consideration included £341 million ($526 million) net cash, CPW ordinary shares, and deferred payments with interest. Headcount removed through the divestiture was not disclosed; a $175 million impairment of the investment was recorded in discontinued operations. | |||
| 2014-02-01 | divestiture_reduction | completed | 2014-02-01 | 2014-02-01 | United States | Domestic segment (mindSHIFT Technologies, Inc.) | USD 18 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sale of mindSHIFT Technologies, Inc. (a managed IT services provider acquired in fiscal 2012) to Ricoh Americas Corporation completed February 1, 2014, in the fiscal 2014 fourth quarter; an $18 million pre-tax loss on sale was recorded. Headcount removed through the divestiture was not disclosed. | ||
| 2014-02-01 | plant_closure | completed | International segment, primarily China | Five Star and other International stores | Item_1_Business f5-10k / GLM-5.3-flash-HTML | 27 International stores closed during fiscal 2014 (13 opened), with closures primarily driven by Five Star stores in China — the store-count reconciliation shows 24 Five Star closures, plus 3 Future Shop closures. No workforce impact or associated charge was quantified in the store-development disclosure; closures occurred throughout the fiscal year. | |||||
| 2014-02-01 | restructuring | in_progress | United States | Domestic segment | USD 129 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2014 charges of $129M, of which $106M was employee termination benefits; also includes investment and property/equipment impairments. Program began in Q4 fiscal 2013; no headcount affected disclosed. | ||||
| 2014-02-01 | restructuring | in_progress | International (Canada, China, Mexico) | International segment | USD 36 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2014 charges of $36M, of which $28M was employee termination benefits; remainder covers facility closure and property/equipment impairments. No headcount affected disclosed. | ||||
| 2014-02-01 | restructuring | in_progress | United Kingdom / Europe | International segment — Best Buy Europe (discontinued operations) | USD 95 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2014 charges of $95M including $36M termination benefits, $45M property/equipment impairments, $7M inventory write-downs and $4M tradename impairment. Reported within discontinued operations; no further charges expected following the Best Buy Europe sale. | ||||
| 2014-02-01 | divestiture_reduction | completed | 2013-06-26 | United Kingdom / Europe | International segment — Best Buy Europe | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of 50% ownership interest in Best Buy Europe Distributions Limited to Carphone Warehouse completed 2013-06-26; associated headcount removed from continuing operations but not quantified. | ||||
| 2014-02-01 | divestiture_reduction | completed | 2014-02-01 | United States | Domestic segment — mindSHIFT Technologies | USD 18 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of mindSHIFT to Ricoh Americas completed on the last day of fiscal 2014; $18M pre-tax loss recorded. Headcount removed not quantified. | |||
| 2014-02-01 | plant_closure | completed | 2014-02-01 | United States | Domestic segment retail stores | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | 20 domestic stores closed during fiscal 2014 (1 Best Buy, 15 Best Buy Mobile stand-alone, 4 Pacific Sales); 12 opened. Associated workforce reduction not quantified. | ||||
| 2014-02-01 | plant_closure | completed | 2014-02-01 | Canada, China, Mexico | International segment retail stores | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | 27 international stores closed during fiscal 2014 (3 Future Shop, 24 Five Star); 13 opened, primarily Best Buy Mobile in Canada and Best Buy stores in Mexico. Associated workforce reduction not quantified. | ||||
| 2014-02-01 | restructuring | completed | 2013-02-03 | 2014-02-01 | Domestic and International | Corporate and Store Operations | USD 159 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Renew Blue cost reduction initiatives. Charges primarily related to employee termination benefits. No specific headcount affected disclosed. | ||
| 2014-02-01 | divestiture_reduction | completed | 2014-02-01 | 2014-02-01 | Domestic | mindSHIFT Technologies | discontinued_operations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of mindSHIFT Technologies, Inc. on February 1, 2014. Headcount not explicitly disclosed. | |||
| 2014-02-01 | divestiture_reduction | completed | 2013-06-26 | 2013-06-26 | International | Best Buy Europe | discontinued_operations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of 50% ownership interest in Best Buy Europe on June 26, 2013. Headcount not explicitly disclosed. | |||
| 2014-02-01 | restructuring | completed | 2013-11-01 | Domestic | Domestic Segment | USD 123 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Renew Blue cost reduction initiatives. Charges consisted of employee termination benefits, investment impairments, and property and equipment impairments. Employee count not explicitly disclosed. | |||
| 2014-02-01 | restructuring | completed | 2013-11-01 | International | International Segment | USD 36 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Renew Blue cost reduction initiatives. Charges consisted of employee termination benefits, facility closure and other costs, and property and equipment impairments. Employee count not explicitly disclosed. | |||
| 2014-02-01 | restructuring | completed | 2013-07-01 | Europe | Discontinued Operations | USD 95 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Restructuring of Best Buy Europe operations. Charges consisted primarily of property and equipment impairments and employee termination benefits. Employee count not explicitly disclosed. | |||
| 2014-02-01 | restructuring | completed | 2013-02-01 | United States | Domestic Segment | USD -6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Reduction to restructuring charges due to lease buyout for less than remaining vacant space liability. Original program involved closure of 49 large-format stores. | |||
| 2014-02-01 | restructuring | in_progress | USD 159,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2014-02-01 | restructuring | in_progress | Restructuring Program 2013 Europe [Member] [Domain] [Domain] / Facility Closing [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-02-01 | restructuring | in_progress | Restructuring Program 2013 Europe [Member] [Domain] [Domain] | USD 38,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-02-01 | restructuring | in_progress | Restructuring Program 2013 Europe [Member] [Domain] [Domain] / Employee Severance [Member] | USD 36,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-02-01 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] | USD 149,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-02-01 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Facility Closing [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-02-01 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Employee Severance [Member] | USD 133,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-02-01 | restructuring | in_progress | Restructuring Program 2013 U.S. [Member] [Domain] / Facility Closing [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-02-01 | restructuring | in_progress | Restructuring Program 2013 U.S. [Member] [Domain] / Employee Severance [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-02-01 | restructuring | in_progress | Restructuring Program 2013 U.S. [Member] [Domain] | USD 4,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-11-02 | divestiture_reduction | completed | 2013-06-26 | Europe | International (Best Buy Europe, reported as discontinued operations) | USD 175 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of 50% interest in Best Buy Europe to Carphone Warehouse completed 2013-06-26; definitive agreement entered during Q1 fiscal 2014 (no exact announcement date given). Charge shown is the non-cash impairment writing the Best Buy Europe investment down to fair value; no headcount attached to the divestiture is disclosed. Assets of $3,089M and liabilities of $2,973M were disposed. | |||
| 2013-11-02 | restructuring | in_progress | United States | Domestic | USD 34 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge is for the nine months ended 2013-11-02 (Q3 alone was $24M per MD&A segment table). Program began in Q4 fiscal 2013 (November 2012); no announcement date stated. Components: termination benefits, investment impairments, facility closure costs, property and equipment impairments. No employee counts disclosed; expected to continue through fiscal 2014. | ||||
| 2013-11-02 | restructuring | in_progress | International | International | USD 18 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge is for the nine months ended 2013-11-02 (Q3 alone was $7M per MD&A segment table). Same program and start timing as the Domestic component; sub-component of the $52M nine-month Renew Blue total. No employee counts disclosed. | ||||
| 2013-11-02 | restructuring | in_progress | United States | Domestic | USD -8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program initiated in Q1 fiscal 2013; involved closure of 49 large-format Best Buy branded U.S. stores plus store/corporate operating model changes (store closures occurred in prior periods, not this quarter). Current-period amount is a net reduction from a lease buyout for less than the remaining vacant space liability. No further material charges expected other than ongoing lease payments on vacated stores; no employee counts disclosed. | ||||
| 2013-11-02 | restructuring | completed | 2013-06-26 | Europe | International (Best Buy Europe, discontinued operations) | USD 95 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge is for the nine months ended 2013-11-02, recorded within discontinued operations; components were property and equipment impairments ($45M), termination benefits ($36M), inventory write-downs ($7M), tradename impairment ($4M) and facility closure costs ($3M). Program initiated Q3 fiscal 2013; no further charges expected following the Best Buy Europe sale. No employee counts disclosed. | |||
| 2013-11-02 | plant_closure | completed | 2013-11-02 | United States | Domestic | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six stores closed during the third quarter of fiscal 2014: 2 Best Buy Mobile stand-alone and 4 Pacific Sales stand-alone; no Best Buy or Magnolia closures. Store count moved from 1,509 to 1,504 (1 opened). No associated headcount disclosed. | ||||
| 2013-11-02 | plant_closure | completed | 2013-11-02 | China | International | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Four large-format Five Star stores closed in China during the third quarter of fiscal 2014; 4 stores opened elsewhere (1 Best Buy Mobile Canada, 2 Best Buy Mexico, 1 Mexico Express), leaving the segment total flat at 479. No associated headcount disclosed. | ||||
| 2013-11-02 | restructuring | in_progress | 2013-02-03 | United States | Domestic | USD 26 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Renew Blue initiatives in Domestic segment. Charges include termination benefits, investment impairments, facility closure costs, and property/equipment impairments. Employee count not disclosed. | |||
| 2013-11-02 | restructuring | in_progress | 2013-02-03 | International | International | USD 18 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Renew Blue initiatives in International segment. Charges include termination benefits, investment impairments, facility closure costs, and property/equipment impairments. Employee count not disclosed. | |||
| 2013-11-02 | restructuring | completed | 2012-08-04 | Europe | Discontinued Operations | USD 95 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2013 Europe restructuring. Charges consist primarily of property and equipment impairments and employee termination benefits. Program completed following sale of Best Buy Europe. | |||
| 2013-11-02 | restructuring | in_progress | 2012-02-04 | United States | Domestic | USD -8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2013 U.S. restructuring. Reduction in charges due to lease buyout for less than remaining liability. Employee count not disclosed. | |||
| 2013-11-02 | restructuring | in_progress | USD 44,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2013-11-02 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] | USD 39,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-11-02 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Employee Severance [Member] | USD 25,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-11-02 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Facility Closing [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-11-02 | restructuring | in_progress | Restructuring Program 2013 U.S. [Member] [Domain] / Facility Closing [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-11-02 | restructuring | in_progress | Restructuring Program 2013 U.S. [Member] [Domain] / Employee Severance [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-11-02 | restructuring | in_progress | Restructuring Program 2013 U.S. [Member] [Domain] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-11-02 | restructuring | in_progress | Restructuring Program 2013 Europe [Member] [Domain] [Domain] | USD 38,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-11-02 | restructuring | in_progress | Restructuring Program 2013 Europe [Member] [Domain] [Domain] / Facility Closing [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-11-02 | restructuring | in_progress | Restructuring Program 2013 Europe [Member] [Domain] [Domain] / Employee Severance [Member] | USD 36,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-08-03 | restructuring | in_progress | United States | Domestic | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge for six months ended August 3, 2013; cumulative $94M through period end. Program includes headcount reduction, facility closure and impairment costs, but no employee count is disclosed. MD&A states initiatives began in Q4 fiscal 2013 and are expected to continue through fiscal 2014. | ||||
| 2013-08-03 | restructuring | in_progress | International | International | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge for six months ended August 3, 2013; cumulative $98M through period end. Sub-component of the same Renew Blue program as the Domestic record; no employee count disclosed. | ||||
| 2013-08-03 | restructuring | in_progress | United States | Domestic | USD -8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended August 3, 2013 amount is a net reduction resulting from a lease buyout for less than the remaining vacant space liability. Program covered closure of 49 large-format stores in a prior period; no further material charges expected other than ongoing lease payments on vacated stores. No employee count disclosed. | ||||
| 2013-08-03 | restructuring | completed | Europe | International | USD 95 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge for six months ended August 3, 2013, reported within discontinued operations; primarily property and equipment impairments and termination benefits. Filer states no additional charges are expected given the sale of Best Buy Europe; restructuring accrual balance was zero at period end. No employee count disclosed. | ||||
| 2013-08-03 | divestiture_reduction | completed | 2013-04-29 | 2013-06-26 | Europe | International | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of 50% ownership interest in Best Buy Europe to Carphone Warehouse completed June 26, 2013; consideration included $526M net cash, $123M of CPW shares (sold July 3, 2013), and two deferred payments. Announcement date reflects the Implementation Agreement dated April 29, 2013. No employee count removed disclosed; a $175M impairment of the investment was recorded in discontinued operations. | |||
| 2013-08-03 | plant_closure | completed | United States | Domestic | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Three Best Buy Mobile stand-alone stores closed during the quarter (1,512 to 1,509 total Domestic stores). No associated workforce reduction count disclosed. | |||||
| 2013-08-03 | plant_closure | completed | China | International | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Eleven Five Star stores closed during the quarter (208 to 197); one store opened in Mexico. No associated workforce reduction count disclosed. | |||||
| 2013-08-03 | restructuring | in_progress | 2013-02-03 | Domestic | Domestic Segment | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Renew Blue initiatives including headcount reduction and real estate optimization. Charges include termination benefits and facility closure costs. | |||
| 2013-08-03 | restructuring | in_progress | 2013-02-03 | International | International Segment | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Renew Blue initiatives including headcount reduction and real estate optimization. Charges include termination benefits and facility closure costs. | |||
| 2013-08-03 | restructuring | completed | 2012-11-03 | Europe | Best Buy Europe (Discontinued Operations) | USD 95 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring of Best Buy Europe operations prior to sale. Charges include property impairments and termination benefits. No additional charges expected due to sale. | |||
| 2013-08-03 | restructuring | in_progress | 2012-05-05 | United States | Domestic Segment | USD -8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of large-format stores and operating model changes. Negative charge reflects lease buyout for less than remaining liability. | |||
| 2013-08-03 | restructuring | in_progress | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2013-08-03 | restructuring | in_progress | Restructuring Program 2013 Europe [Member] [Domain] [Domain] | USD 38,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-08-03 | restructuring | in_progress | Restructuring Program 2013 Europe [Member] [Domain] [Domain] / Employee Severance [Member] | USD 36,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-08-03 | restructuring | in_progress | Restructuring Program 2013 Europe [Member] [Domain] [Domain] / Facility Closing [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-08-03 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] | USD 24,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-08-03 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Employee Severance [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-08-03 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Facility Closing [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-08-03 | restructuring | in_progress | Restructuring Program 2013 U.S. [Member] [Domain] / Facility Closing [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-08-03 | restructuring | in_progress | Restructuring Program 2013 U.S. [Member] [Domain] / Employee Severance [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-08-03 | restructuring | in_progress | Restructuring Program 2013 U.S. [Member] [Domain] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-05-04 | divestiture_reduction | announced | 2013-04-29 | 2013-07-31 | United Kingdom / Europe | International — Best Buy Europe | USD 175 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell 50% interest in Best Buy Europe to Carphone Warehouse for net proceeds of £471 million ($733 million); recognized a $175 million non-tax-deductible impairment. No employee count disclosed. Expected close in Q2 fiscal 2014. | ||
| 2013-05-04 | restructuring | in_progress | 2012-11-01 | International | International — Best Buy Europe | USD 53 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charges incurred in Q1 FY2014 within discontinued operations; cumulative $89 million through May 4, 2013. No employee count disclosed. Company expects additional charges until sale completion. | |||
| 2013-05-04 | restructuring | in_progress | 2012-11-01 | United States / International | Enterprise — Renew Blue | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 FY2014 charges of $6 million ($1 million Domestic, $5 million International) for headcount reduction and real estate optimization; cumulative $177 million through May 4, 2013. No employee count disclosed. | |||
| 2013-05-04 | plant_closure | completed | United States | Domestic — Retail stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | One large-format Best Buy store closed in the U.S. during Q1 FY2014 as part of Renew Blue real estate optimization; no associated headcount disclosed. | |||||
| 2013-05-04 | restructuring | in_progress | 2012-11-03 | Domestic | Corporate and Store Operations | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Renew Blue strategy initiated in Q4 FY2013. Q1 FY2014 charges of $6M include termination benefits and facility closure costs. Employee count not disclosed. | |||
| 2013-05-04 | restructuring | in_progress | 2012-08-04 | Domestic | Store Operations | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of 49 large-format stores initiated in Q1 FY2013. No significant charges incurred in Q1 FY2014. Employee count not disclosed. | |||
| 2013-05-04 | restructuring | in_progress | Europe | Best Buy Europe | USD 53 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring charges of $53M recorded in discontinued operations. Employee count not disclosed. | ||||
| 2013-05-04 | restructuring | in_progress | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2013-05-04 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Facility Closing [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-05-04 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] / Employee Severance [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-05-04 | restructuring | in_progress | Restructuring Program 2013 Renew Blue [Member] [Domain] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-05-04 | restructuring | in_progress | Restructuring Program 2013 Europe [Member] [Domain] [Domain] / Employee Severance [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-05-04 | restructuring | in_progress | Restructuring Program 2013 Europe [Member] [Domain] [Domain] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-05-04 | restructuring | in_progress | Restructuring Program 2013 Europe [Member] [Domain] [Domain] / Facility Closing [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-05-04 | restructuring | in_progress | Restructuring Program 2012 [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-05-04 | restructuring | in_progress | Restructuring Program 2012 [Member] / Facility Closing [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-05-04 | restructuring | in_progress | Restructuring Program 2012 [Member] / Employee Severance [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-05-04 | restructuring | in_progress | Restructuring Program 2013 U.S. [Member] [Domain] / Employee Severance [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-05-04 | restructuring | in_progress | Restructuring Program 2013 U.S. [Member] [Domain] / Facility Closing [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-05-04 | restructuring | in_progress | Restructuring Program 2013 U.S. [Member] [Domain] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-11-03 | restructuring | in_progress | United States | Domestic | USD 258 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Initiated in Q1 fiscal 2013; exact announcement date not disclosed. Covers closure of about 50 large-format Best Buy stores plus store/corporate operating model changes; 49 large-format stores closed in the first nine months (6 in Q3). Charge is the nine-month continuing-operations total ($34M in Q3); no employee count disclosed. Company expects no further material charges other than lease payments on vacated stores. | ||||
| 2012-11-03 | restructuring | in_progress | Europe | International (Best Buy Europe) | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Initiated in Q3 fiscal 2013; charge shown is the amount incurred in Q3 (termination benefits). Preliminary expected total pre-tax charges of $40M to $60M; company expects activities to be substantially complete in fiscal 2014. No employee count disclosed. | ||||
| 2012-11-03 | other | announced | 1 | 2012-10-09 | 2013-02-03 | United States | Corporate — Finance (Chief Financial Officer) | USD 1 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Executive separation without cause, effective end of fiscal 2013. Lump sum of $1,400,000 (24 months base salary of $1,350,000 plus $50,000), 18 months Company-paid COBRA and life/disability premiums, plus equity vesting provisions. | |
| 2012-11-03 | other | announced | 1 | 2012-10-23 | 2013-02-03 | United States | Corporate | USD 1 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Executive separation effective February 3, 2013. Lump sum of $1,450,000 (24 months base salary of $1,400,000 plus $50,000), 18 months Company-paid COBRA and life/disability premiums, plus equity vesting provisions. | |
| 2012-11-03 | restructuring | in_progress | 2012-02-04 | United States | Domestic | USD 258 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2013 U.S. restructuring initiated in Q1 FY2013. Includes closure of approx. 50 large-format stores. Charges consist of facility closure costs, termination benefits, and PPE impairments. Employee count not disclosed. | |||
| 2012-11-03 | restructuring | in_progress | 2012-08-04 | 2014-03-01 | Europe | International | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2013 Europe restructuring initiated in Q3 FY2013. Expected total charges $40-60M. Q3 charges of $2M related to termination benefits. Expected to substantially complete in FY2014. Employee count not disclosed. | ||
| 2012-11-03 | restructuring | in_progress | 2011-08-06 | Domestic and International | Domestic and International | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2012 restructuring. Q3 FY2013 charges of $1M ($6M Domestic, $(5)M International). Substantially completed. Employee count not disclosed. | |||
| 2012-11-03 | restructuring | in_progress | 2011-02-05 | Domestic and International | Domestic and International | USD -10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2011 restructuring. Net reduction to charges of $(10)M in Q3 FY2013. Substantially completed. Employee count not disclosed. | |||
| 2012-11-03 | restructuring | in_progress | USD 36,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2012-08-04 | restructuring | in_progress | 2013-02-02 | United States | Domestic | USD 224 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Initiated in Q1 fiscal 2013; covers closure of roughly 50 large-format Best Buy branded U.S. stores plus store and corporate operating-model changes. No employee count disclosed. Six-month charges of $224M comprise $27M property/equipment impairments, $81M termination benefits and $116M facility closure/other costs; Q2 alone was $91M. 41 stores were closed during Q2. Filer expects $25–$75M of additional pre-tax charges and substantial completion within fiscal 2013 (lease payments on vacated stores continue thereafter). Restructuring accrual stood at $153M at 2012-08-04. | |||
| 2012-08-04 | restructuring | completed | United States and International | Domestic and International | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Residual activity on the fiscal 2012 program (modified mobile broadband strategy in the U.S.; closure of U.K. large-format Best Buy stores and IT asset impairments internationally). $6M Domestic, $3M International in the six months. Filer states the program is substantially complete with no further material charges expected; no employee counts disclosed. | ||||
| 2012-08-04 | restructuring | in_progress | 2012-02-04 | 2013-02-02 | United States | Domestic | USD 224 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2013 restructuring initiated in Q1 FY2013. Includes closure of approx. 50 large-format stores and operating model changes. Charges include facility closure, termination benefits, and impairments. Employee count not disclosed. | ||
| 2012-08-04 | restructuring | completed | 2011-08-06 | United States | Domestic | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2012 restructuring. Domestic segment charges related to modified mobile broadband strategy. Substantially completed. | |||
| 2012-08-04 | restructuring | completed | 2011-08-06 | United Kingdom | International | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2012 restructuring. International segment charges related to closure of large-format Best Buy branded stores in the U.K. Reported in discontinued operations. | |||
| 2012-08-04 | restructuring | completed | 2011-02-05 | United States | Domestic | USD -12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2011 restructuring. Net reduction in charges due to gain on sale of previously impaired distribution facility. | |||
| 2012-08-04 | restructuring | in_progress | USD 91,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2012-05-05 | restructuring | in_progress | 2013-02-02 | United States | Domestic | USD 133 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Actions initiated during the quarter; specific announcement date not disclosed. Program covers closure of roughly 50 large-format U.S. Best Buy stores, store and corporate operating-model changes, and supply chain / product life-cycle cost reductions. 39 stores were closed during the quarter. Q1 charges of $133M comprise $107M termination benefits, $25M property and equipment impairments and $1M facility closure and other costs; restructuring accrual of $104M at quarter end. Company expects an additional $165M-$215M of pre-tax charges, mostly facility closure costs, and expects to substantially complete the program in fiscal 2013. No employee headcount affected was disclosed. | |||
| 2012-05-05 | restructuring | in_progress | 2012-02-04 | 2013-02-02 | United States | Domestic | USD 133 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2013 restructuring initiated in Q1 FY2013. Includes closure of approx. 50 large-format stores, changes to store/corporate operating models. Charges consist of termination benefits ($107M) and property/equipment impairments ($25M). Expected to substantially complete in fiscal 2013. | ||
| 2012-05-05 | restructuring | in_progress | 2011-11-05 | 2013-02-02 | United States | Domestic | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2012 restructuring. Domestic segment charges related to modified strategy for mobile broadband offerings. Expected to substantially complete in first half of fiscal 2013. | ||
| 2012-05-05 | restructuring | in_progress | 2011-11-05 | 2013-02-02 | United Kingdom | International (Discontinued Operations) | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2012 restructuring. International segment charges associated with closure of large-format Best Buy branded stores in the U.K. Reported in discontinued operations. | ||
| 2012-05-05 | restructuring | in_progress | 2011-08-06 | 2013-02-02 | United States | Domestic | USD -12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2011 restructuring. Net reduction in charges due to gain on sale of previously impaired distribution facility, partially offset by charges for exit from digital delivery services. | ||
| 2012-05-05 | restructuring | in_progress | USD 127,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2012-03-03 | restructuring | in_progress | 2011-11 | United States | Domestic segment — mobile broadband offerings; supply chain and operational efficiencies | USD 23 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Implemented in Q3 fiscal 2012 to modify certain mobile broadband offerings and improve supply chain/operational efficiencies. $23M comprises $17M property and equipment impairments, $1M termination benefits and $5M facility closure and other costs; no further material charges expected. Activities expected substantially complete in H1 fiscal 2013. | |||
| 2012-03-03 | restructuring | in_progress | 2011-11 | United Kingdom (store closures); international expansion strategy | International segment — closure of 11 large-format Best Buy branded stores in the U.K.; IT asset impairments | USD 220 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | U.K. large-format store closures announced November 2011 plus IT asset impairments from changed international expansion strategy. Of $220M, $205M is in discontinued operations (inventory write-downs $11M, property and equipment impairments $96M, termination benefits $16M, facility closure and other costs $82M) and $15M in continuing operations. U.K. stores closed January 2012; activities expected substantially complete in H1 fiscal 2013. | |||
| 2012-03-03 | restructuring | completed | United States | Domestic segment — supply chain/operational efficiencies; exit from digital delivery services in entertainment category | USD 45 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Fiscal 2012 activity only, under program implemented in Q4 fiscal 2011: $45M ($20M continuing operations incl. $19M inventory write-downs; $25M discontinued operations incl. $15M property and equipment impairments, $4M termination benefits, $3M intangible asset impairments). Cumulative Domestic charges through fiscal 2012: $95M. No further material charges expected in fiscal 2013. | ||||
| 2012-03-03 | restructuring | completed | Turkey; China | International segment — exit from Turkey market; closure of large-format Best Buy branded stores in China | USD -1 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Fiscal 2012 activity only: net $(1)M charge ($7M termination benefits offset by $(8)M facility closure adjustments). Reflects completion of Turkey market exit in Q2 fiscal 2012 (with $4M pre-tax gain on asset sales) and completion of China large-format store closures in Q1 fiscal 2012. Cumulative International charges through fiscal 2012: $171M. | ||||
| 2012-03-03 | restructuring | announced | 2012-03 | 2013-02-02 | United States (store closures and operating model changes); global cost reductions | Domestic segment — closure of ~50 large-format Best Buy stores; store and corporate operating model changes; product life-cycle management and supply chain cost reductions | USD 300 (millions) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Announced after fiscal year-end (March 2012). Estimated total pre-tax charges of $300M–$350M, of which $30M–$40M non-cash; $140M–$160M expected in Q1 fiscal 2013, primarily employee severance and fixed asset impairments. Value captured is the low end of the disclosed range. Lease exit costs for ~50 closing stores recognized as stores close through fiscal 2013 (transition period ends February 2, 2013). Headcount impact not disclosed. | ||
| 2012-03-03 | divestiture_reduction | completed | Belgium | International segment — The Phone House retail stores (discontinued operations) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Best Buy Europe sold its Belgian retail business of 82 small-format The Phone House stores to Belgacom S.A. in Q4 fiscal 2012; a $5M pre-tax gain was recorded. Employee headcount transferred/removed not disclosed. | |||||
| 2012-03-03 | divestiture_reduction | completed | United States | Domestic segment — Napster digital media download and streaming services (discontinued operations) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | U.S. operations ceased in Q3 fiscal 2012; certain domestic Napster, Inc. assets sold to Rhapsody International in exchange for a minority investment. Employee headcount affected not disclosed. | |||||
| 2012-03-03 | acquisition_addition | completed | United States | Domestic segment — managed IT services for small and mid-sized businesses | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired 100% of mindSHIFT Technologies, Inc. on December 28, 2011 for a $175M purchase price ($168M net of cash acquired). Headcount added through the acquisition not disclosed. | |||||
| 2012-03-03 | restructuring | in_progress | 2011-09-30 | 2012-08-31 | United States | Domestic | USD 23 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2012 program: mobile broadband strategy changes plus supply chain/operational efficiency actions; $23 of continuing-ops charges ($17 property and equipment impairments, $1 termination benefits, $5 facility closure and other). Announcement date is approximate (actions implemented in fiscal third quarter). No headcount impact disclosed. | ||
| 2012-03-03 | plant_closure | completed | 2011-11-01 | 2012-01-31 | United Kingdom | International — Best Buy Europe | USD 220 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closure of 11 large-format Best Buy branded stores in the U.K., completed January 2012; reported in discontinued operations. International FY2012 restructuring total of $220 comprises $15 continuing ops (IT asset impairments) and $205 discontinued ops (inventory write-downs, PP&E impairments, termination benefits, facility closure costs). Announcement month stated as November 2011; no employee counts disclosed. | ||
| 2012-03-03 | restructuring | completed | 2011-02-26 | 2012-03-03 | United States and International | Domestic and International | USD 44 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Residual activity in FY2012 under the fiscal 2011 program ($45 Domestic, $(1) International net); filer does not expect further material charges from this program. Prior-year program charges of $222 recorded in fiscal 2011 are excluded. | ||
| 2012-03-03 | plant_closure | completed | 2011-02-26 | 2011-05-31 | China | International — Best Buy China | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closure of eight large-format Best Buy branded stores in China completed in the first quarter of fiscal 2012; announced in the fourth quarter of fiscal 2011. Charges largely recorded in fiscal 2011; no FY2012 charge or headcount quantified. | |||
| 2012-03-03 | plant_closure | completed | 2011-02-26 | 2011-08-31 | Turkey | International — Best Buy Turkey | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Exit from Turkey market (two large-format stores) completed in the second quarter of fiscal 2012 with a $4 pre-tax gain on sale of certain assets; no headcount disclosed. | |||
| 2012-03-03 | divestiture_reduction | completed | 2011-11-30 | 2012-01-31 | Belgium | International — Best Buy Europe | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Best Buy Europe's Belgian retail business (82 small-format The Phone House stores) to Belgacom S.A. in the fourth quarter of fiscal 2012, generating a $5 pre-tax gain; announcement date approximate (quarter only). No headcount disclosed. | |||
| 2012-03-03 | divestiture_reduction | completed | 2011-08-31 | 2011-11-30 | United States | Domestic — Napster | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of domestic Napster assets to Rhapsody International in the third quarter of fiscal 2012 and cessation of U.S. operations; dates approximate (quarter only). No headcount disclosed. | |||
| 2012-03-03 | acquisition_addition | completed | 2011-12-28 | 2011-12-28 | United States | Domestic — managed IT services (mindSHIFT) | USD 175 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of mindSHIFT Technologies, Inc. for $175 ($168 net of cash acquired), closed 2011-12-28; acquired headcount not disclosed. Charge value shown is purchase price, not a severance or restructuring charge. | ||
| 2012-03-03 | plant_closure | announced | 2012-03-31 | 2013-02-02 | United States | Domestic | USD 325 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | March 2012 transformation strategy announced after fiscal year-end: closure of approximately 50 large-format Best Buy stores plus store/corporate operating model changes. Expected total pre-tax charges of $300-$350 (midpoint shown; $30-$40 non-cash), with $140-$160 expected in the first quarter of fiscal 2013. Announcement date is month-only (March 2012); no employee counts disclosed. | ||
| 2012-03-03 | restructuring | completed | 2011-11-01 | 2012-12-31 | United Kingdom | International | USD 220 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2012 restructuring included closure of large-format Best Buy branded stores in the U.K. Charges of $220 million related to International segment (including $11 million inventory write-downs, $96 million property/equipment impairments, $16 million termination benefits, $82 million facility closure costs). Employee count not explicitly disclosed. | ||
| 2012-03-03 | restructuring | completed | 2011-11-01 | 2012-12-31 | United States | Domestic | USD 23 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2012 restructuring included modification of mobile broadband offerings and supply chain improvements. Charges of $23 million related to Domestic segment (including $17 million property/equipment impairments, $1 million termination benefits, $5 million facility closure costs). Employee count not explicitly disclosed. | ||
| 2012-03-03 | acquisition_addition | completed | 2011-12-01 | 2011-12-28 | United States | Domestic | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired mindSHIFT Technologies, Inc. in December 2011. Headcount added not explicitly disclosed. | |||
| 2012-03-03 | restructuring | announced | 2012-03-01 | 2013-02-02 | United States | Domestic | USD 350 (millions) | subsequent_events f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Subsequent event: Announced transformation strategy in March 2012 including closure of approx. 50 large-format stores. Expected total pre-tax charges of $300-$350 million. Employee count not explicitly disclosed. | ||
| 2012-03-03 | restructuring | completed | 2012-01-01 | 2012-03-03 | Domestic Segment | Domestic | USD 43 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2012 restructuring charges for Domestic segment including inventory write-downs, property impairments, and facility closure costs. | ||
| 2012-03-03 | restructuring | completed | 2012-01-01 | 2012-03-03 | International Segment | International | USD 15 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2012 restructuring charges for International segment primarily related to IT asset impairments. | ||
| 2012-03-03 | restructuring | completed | 2012-01-01 | 2012-03-03 | Discontinued Operations | Discontinued Operations | USD 229 (millions) | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Restructuring charges related to closure of large-format stores in UK, China, and Turkey. | ||
| 2012-03-03 | acquisition_addition | completed | 2011-12-28 | 2011-12-28 | United States | Domestic | USD 175 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of mindSHIFT Technologies, Inc. for $175 million. | ||
| 2012-03-03 | restructuring | announced | 2012-03-01 | 2013-02-02 | United States | Domestic | USD 325 (millions) | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Transformation strategy announced March 2012; estimated pre-tax charges $300-$350 million for store closures and operating model changes. | ||
| 2012-03-03 | restructuring | in_progress | USD 39,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2011-11-26 | plant_closure | announced | 2011-11 | 2012-03-03 | United Kingdom | International — Best Buy branded large-format stores | USD 114 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | International segment charges for UK large-format store closures: $13M inventory write-downs, $92M property/equipment impairments, $7M termination benefits, $2M facility closure costs. Employee headcount not disclosed. Further $100–115M expected in Q4 FY2012. | ||
| 2011-11-26 | restructuring | in_progress | 2011-11 | 2012-03-03 | United States | Domestic — mobile broadband offerings and digital delivery services exit | USD 17 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Domestic segment charges primarily property and equipment impairments (IT assets) from modified mobile broadband strategy. Approximately $10M further expected in Q4 FY2012. Employee headcount not disclosed. | ||
| 2011-11-26 | restructuring | in_progress | 2011-02 | 2012-03-03 | Domestic (United States) | Domestic segment — operations efficiency | USD 23 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | FY2011 restructuring charges incurred in first nine months of FY2012: property/equipment impairments, facility closure costs, tradename impairment. Employee headcount not disclosed. | ||
| 2011-11-26 | acquisition_addition | completed | 2011-11-02 | 2011-12-28 | United States | Managed services (small- and mid-sized companies) | USD 167 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition completed 2011-12-28 for $167M total consideration. Headcount added not disclosed; purchase price allocation pending. | ||
| 2011-11-26 | restructuring | in_progress | 2011-11-01 | 2012-02-25 | United Kingdom | International | USD 114 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of large-format Best Buy branded stores in the U.K. Charges include property/equipment impairments, inventory write-downs, termination benefits, and other costs. Expected to complete in Q4 FY2012. | ||
| 2011-11-26 | restructuring | in_progress | 2011-11-01 | 2012-02-25 | United States | Domestic | USD 17 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Modification of strategy for certain mobile broadband offerings. Charges consist primarily of property and equipment impairments. | ||
| 2011-11-26 | restructuring | in_progress | 2011-02-26 | 2012-02-25 | United States | Domestic | USD 23 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2011 restructuring activities including exit from certain digital delivery services and IT asset impairments. Charges incurred in first nine months of FY2012. | ||
| 2011-11-26 | acquisition_addition | completed | 2011-11-07 | 2011-12-28 | United States | Domestic | USD 167 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of mindSHIFT Technologies, Inc. completed on Dec 28, 2011. Headcount not disclosed. | ||
| 2011-11-26 | restructuring | in_progress | USD 141,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2011 [Member] | USD 23,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2011 [Member] / Impairment of Intangible Assets [Member] / Domestic Segment [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2012 [Member] | USD 131,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2012 [Member] / International [Member] | USD 114,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2011 [Member] / Domestic Segment [Member] | USD 23,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2012 [Member] / Domestic Segment [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2011 [Member] / Facility Closing [Member] / International [Member] | USD -7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2011 [Member] / Inventory write-downs [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2011 [Member] / Employee Severance [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2011 [Member] / Inventory write-downs [Member] / International [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2011 [Member] / Impairment of Intangible Assets [Member] / International [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2011 [Member] / Impairment of Intangible Assets [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2011 [Member] / International [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2011 [Member] / Property and equipment write-downs [Member] / Domestic Segment [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2011 [Member] / Inventory write-downs [Member] / Domestic Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2011 [Member] / Employee Severance [Member] / International [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2011 [Member] / Facility Closing [Member] / Domestic Segment [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2011 [Member] / Property and equipment write-downs [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2011 [Member] / Employee Severance [Member] / Domestic Segment [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2011 [Member] / Facility Closing [Member] | USD -3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2011 [Member] / Property and equipment write-downs [Member] / International [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2012 [Member] / Facility Closing [Member] / Domestic Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2012 [Member] / Employee Severance [Member] / Domestic Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2012 [Member] / Property and equipment write-downs [Member] | USD 109,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2012 [Member] / Employee Severance [Member] / International [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2012 [Member] / Property and equipment write-downs [Member] / Domestic Segment [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2012 [Member] / Inventory write-downs [Member] / Domestic Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2012 [Member] / Property and equipment write-downs [Member] / International [Member] | USD 92,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2012 [Member] / Facility Closing [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2012 [Member] / Employee Severance [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2012 [Member] / Facility Closing [Member] / International [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2012 [Member] / Inventory write-downs [Member] / International [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Restructuring Program 2012 [Member] / Inventory write-downs [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Consolidation, Eliminations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Non-Guarantor Subsidiaries [Member] | USD 143,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Parent Company [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-11-26 | restructuring | in_progress | Guarantor Subsidiaries [Member] | USD -2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | 2011-02-26 | 2012-02-28 | United States | Domestic segment operations | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge is six months ended 2011-08-27 ($1M Domestic: facility closure costs net of reduced termination benefits); cumulative $52M through 2011-08-27. No employees-affected count disclosed. Expected completion: substantially complete during fiscal 2012 (date approximate, fiscal year end). | ||
| 2011-08-27 | restructuring | in_progress | 2011-02-26 | 2012-02-28 | International (China, Turkey) | International segment — Best Buy branded stores in China; Turkey market exit | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge is six months ended 2011-08-27 ($3M International, primarily completion of Turkey exit); cumulative $174M through 2011-08-27. Turkey stores closed during Q2 fiscal 2012 (two stores per store-count table); no employees-affected count disclosed. Expected completion: substantially complete during fiscal 2012 (date approximate, fiscal year end). | ||
| 2011-08-27 | restructuring | in_progress | 2011-02-26 | 2012-02-25 | Domestic | Domestic Segment | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of fiscal 2011 restructuring plan. Charges consisted primarily of facility closure costs, partially offset by reductions in expected termination benefits. Expected to substantially complete in fiscal 2012. | ||
| 2011-08-27 | restructuring | in_progress | 2011-02-26 | 2012-02-25 | International | International Segment | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of fiscal 2011 restructuring plan. Charges primarily due to completion of exit from Turkey market. Expected to substantially complete in fiscal 2012. | ||
| 2011-08-27 | restructuring | in_progress | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2011-08-27 | restructuring | in_progress | Restructuring Program 2011 [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | Restructuring Program 2011 [Member] / Domestic Segment [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | Restructuring Program 2011 [Member] / International [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | Restructuring Program 2011 [Member] / Facility Closing [Member] / International [Member] | USD -3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | Restructuring Program 2011 [Member] / Inventory write-downs [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | Restructuring Program 2011 [Member] / Employee Severance [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | Restructuring Program 2011 [Member] / Inventory write-downs [Member] / International [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | Restructuring Program 2011 [Member] / Impairment of Intangible Assets [Member] / Domestic Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | Restructuring Program 2011 [Member] / Impairment of Intangible Assets [Member] / International [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | Restructuring Program 2011 [Member] / Impairment of Intangible Assets [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | Restructuring Program 2011 [Member] / Property and equipment write-downs [Member] / Domestic Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | Restructuring Program 2011 [Member] / Inventory write-downs [Member] / Domestic Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | Restructuring Program 2011 [Member] / Employee Severance [Member] / International [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | Restructuring Program 2011 [Member] / Facility Closing [Member] / Domestic Segment [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | Restructuring Program 2011 [Member] / Property and equipment write-downs [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | Restructuring Program 2011 [Member] / Employee Severance [Member] / Domestic Segment [Member] | USD -3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | Restructuring Program 2011 [Member] / Facility Closing [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | Restructuring Program 2011 [Member] / Property and equipment write-downs [Member] / International [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | Guarantor Subsidiaries [Member] | USD -2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | Non-Guarantor Subsidiaries [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | Parent Company [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-08-27 | restructuring | in_progress | Consolidation, Eliminations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-05-28 | restructuring | in_progress | United States | Domestic | USD 51 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2011 restructuring actions to improve Domestic segment efficiencies, implemented in Q4 fiscal 2011 (exact announcement date not disclosed). Charge shown is cumulative through May 28, 2011; Q1 fiscal 2012 charge was $0 (termination benefit credit of $2 offset by $2 facility closure costs). Less than $5 expected in remainder of fiscal 2012, primarily non-cash facility closure costs; activities expected to be substantially completed in fiscal 2012. No employees-affected count disclosed. | ||||
| 2011-05-28 | restructuring | in_progress | International | International | USD 173 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2011 international restructuring covering exit from the Turkey market, restructuring of Best Buy branded stores in China, and IT asset impairments. Charge shown is cumulative through May 28, 2011; Q1 fiscal 2012 charge was $2 of termination benefits. Approximately $10 expected in remainder of fiscal 2012, primarily employee termination benefits and other costs; substantially complete in fiscal 2012. No employees-affected count disclosed. | ||||
| 2011-05-28 | plant_closure | completed | China | International | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Eight Best Buy branded stores in China closed during the first quarter of fiscal 2012 (8 open at start of quarter, 0 at end); Five Star stores grew from 166 to 171. Component of the International restructuring record above; no separate charge or headcount disclosed for the closures. | |||||
| 2011-05-28 | plant_closure | announced | 2011-02 | Turkey | International | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plans to exit the Turkey market announced in February 2011; the two Best Buy stores remained open and continued operations throughout the first quarter of fiscal 2012. Captured separately from the International restructuring record because the filing gives it a distinct announcement date and it was not yet executed at quarter end; charges are not separately quantified. | ||||
| 2011-05-28 | restructuring | in_progress | 2011-02-01 | 2012-02-25 | Domestic and International | Domestic and International segments | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2011 restructuring includes exiting Turkey market, restructuring China stores, and improving Domestic efficiencies. $2M incurred in Q1 FY2012. Expected completion in fiscal 2012. Employee count not disclosed. | ||
| 2011-05-28 | restructuring | in_progress | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2011-05-28 | restructuring | in_progress | Restructuring Program2011 / Employee Severance / Domestic Segment | USD -2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-05-28 | restructuring | in_progress | Restructuring Program2011 / Facility Closing / Domestic Segment | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-05-28 | restructuring | in_progress | Restructuring Program2011 / Employee Severance / International Segment | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-05-28 | restructuring | in_progress | Restructuring Program2011 / International Segment | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-05-28 | restructuring | in_progress | Restructuring Program2011 / Facility Closing | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-05-28 | restructuring | in_progress | Restructuring Program2011 | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-05-28 | restructuring | in_progress | Guarantor Subsidiaries | USD -2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-05-28 | restructuring | in_progress | Non Guarantor Subsidiaries | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-02-26 | restructuring | in_progress | 2012 | United States | Domestic segment | USD 51 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Fiscal 2011 Q4 actions to improve Domestic operating efficiencies. Charges: inventory write-downs $10M, property and equipment impairments $15M, employee termination benefits $16M, intangible asset impairments $10M. Termination benefits accrued but unpaid at fiscal year-end. About $5M of additional facility-closure charges expected in fiscal 2012. Employees affected not disclosed. Company expects to be substantially complete in fiscal 2012. | |||
| 2011-02-26 | restructuring | in_progress | 2011-02-21 | 2012 | Turkey and China | International segment | USD 171 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Covers announced Turkey market exit (two Best Buy branded stores) and restructuring/closure of all eight Best Buy branded stores in China. Charges: property and equipment impairments $132M (including IT assets), inventory write-downs $14M, employee termination benefits $12M, facility closure and other costs $13M. Termination and closure accruals ($25M) unpaid at fiscal year-end. Additional $10-15M of charges expected in fiscal 2012. Employees affected not disclosed. Charge data disclosed only at segment level, so Turkey and China are captured as one International sub-component. | ||
| 2011-02-26 | divestiture_reduction | completed | United States | Domestic segment — Speakeasy business | other f5-10k / GLM-5.3-flash-HTML | Broadband, voice, data and IT services business sold to Covad Communications Group in fiscal 2011 second quarter; $7M pre-tax gain recorded and related goodwill and tradename written off. Headcount transferred or removed not disclosed. | |||||
| 2011-02-26 | restructuring | in_progress | 2011-02-21 | 2012-02-25 | Turkey and China | International segment | USD 171 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Covers exiting the Turkey market (2 Best Buy stores) and restructuring the 8 Best Buy branded stores in China; charges comprise inventory write-downs, property and equipment impairments, termination benefits and facility closure costs. Company expects $10-15 million of additional International charges in fiscal 2012. | ||
| 2011-02-26 | restructuring | in_progress | 2012-02-25 | United States | Domestic segment | USD 51 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Efficiency actions in Domestic operations implemented in the fourth quarter of fiscal 2011; no separate announcement date disclosed. Company expects approximately $5 million of additional Domestic charges in fiscal 2012. | |||
| 2011-02-26 | divestiture_reduction | completed | 2010-08-31 | United States | Domestic segment — Speakeasy (broadband/voice/IT services) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Speakeasy to Covad Communications Group completed in the second quarter of fiscal 2011; headcount transferred not disclosed. Exact completion date not stated, quarter-end date used. | ||||
| 2011-02-26 | plant_closure | completed | 2011-02-26 | United States | Domestic segment retail stores | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Seven Domestic stores closed during fiscal 2011 (1 U.S. Best Buy store and 6 Geek Squad stores); associated workforce reduction not quantified. | ||||
| 2011-02-26 | plant_closure | completed | 2011-02-26 | Europe, China | International segment retail stores | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | 103 International stores closed during fiscal 2011, primarily 99 The Carphone Warehouse/The Phone House small-format stores plus 4 Five Star stores; associated workforce reduction not quantified. | ||||
| 2011-02-26 | restructuring | completed | 2011-02-21 | 2012-02-25 | Domestic and International | Domestic and International segments | USD 222 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Includes plans to exit Turkey market, restructure China Best Buy stores, and improve Domestic efficiencies. Charges include inventory write-downs, property/equipment impairments, termination benefits, intangible asset impairments, and facility closure costs. Employee count not explicitly disclosed. | ||
| 2011-02-26 | restructuring | in_progress | 2011-02-21 | 2012-02-25 | Domestic | Domestic Segment | USD 51 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Charges related to improving efficiencies in Domestic operations. Includes inventory write-downs, property/equipment impairments, termination benefits, and intangible asset impairments. Expected to incur approx $5M more in FY2012. | ||
| 2011-02-26 | restructuring | in_progress | 2011-02-21 | 2012-02-25 | International | International Segment | USD 171 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Charges related to exiting Turkey market and restructuring Best Buy branded stores in China. Includes inventory write-downs, property/equipment impairments, termination benefits, and facility closure costs. Expected to incur $10-15M more in FY2012. | ||
| 2011-02-26 | restructuring | in_progress | USD 222,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2011-02-26 | restructuring | in_progress | Guarantor Subsidiaries | USD 9,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-02-26 | restructuring | in_progress | Non Guarantor Subsidiaries | USD 189,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2010-11-27 | restructuring | completed | 2009-11-01 | Domestic | Corporate Headquarters | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | No restructuring charges recorded in the first nine months of fiscal 2011. Cumulative charges through Nov 27, 2010 were $97 million for Domestic segment. | |||
| 2010-11-27 | restructuring | completed | 2009-11-01 | International | Best Buy Europe | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | No restructuring charges recorded in the first nine months of fiscal 2011. Cumulative charges through Nov 27, 2010 were $33 million for International segment. | |||
| 2010-08-28 | divestiture_reduction | completed | United States | Speakeasy business (managed services) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Speakeasy to Covad/Megapath completed in Q2 FY2011; filing discloses a $7M pre-tax gain but no headcount impact. | |||||
| 2010-08-28 | restructuring | completed | 2009-11-01 | Domestic | Corporate Headquarters and U.S. Best Buy Stores | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | No restructuring charges were recorded in the first six months of fiscal 2011. The plan, initiated in Q4 FY2009 and Q1 FY2010, involved voluntary and involuntary separation plans and business reorganization costs. Cumulative charges through Aug 28, 2010 were $97 million for Domestic segment. | |||
| 2010-08-28 | restructuring | completed | 2009-11-01 | International | Best Buy Europe | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | No restructuring charges were recorded in the first six months of fiscal 2011. The plan involved employee termination benefits and business reorganization costs. Cumulative charges through Aug 28, 2010 were $33 million for International segment. | |||
| 2010-08-28 | restructuring | in_progress | Domestic Segment | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-08-28 | restructuring | in_progress | International Segment | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-08-28 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2010-05-29 | divestiture_reduction | announced | 2010-06-08 | 2010-09-30 | United States | Speakeasy | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to combine the Speakeasy business with Covad Communications (subject to Covad's MegaPath acquisition closing); consideration is cash plus a minority equity stake, with Speakeasy to be deconsolidated. Preliminary fair value of consideration approximates the $21 million carrying value, so no significant gain or loss expected. No employee count disclosed. | |||
| 2010-05-29 | restructuring | completed | Domestic | Corporate Headquarters and U.S. Best Buy Stores | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | No restructuring charges recorded in Q1 FY2011. Prior plan charges were $25M for Domestic segment in Q1 FY2010. | ||||
| 2010-05-29 | restructuring | completed | International | Best Buy Europe | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | No restructuring charges recorded in Q1 FY2011. Prior plan charges were $27M for International segment in Q1 FY2010. | ||||
| 2010-02-27 | restructuring | completed | 2009-04 | United States | Domestic segment — U.S. Best Buy store operating model | USD 25 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Termination benefits from updating the U.S. Best Buy store operating model, which eliminated certain positions; affected U.S. store employees were notified in April 2009. Charges recorded in fiscal Q1 2010; no further restructuring charges in Q2-Q4, and the company stated it was substantially complete as of the filing. No employee headcount disclosed. Cumulative Domestic charges under the plan through fiscal year-end: $97 million. | |||
| 2010-02-27 | restructuring | completed | Europe (Best Buy Europe) | International segment — Best Buy Europe business reorganization | USD 27 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Employee termination benefits ($26 million) plus facility closure costs ($1 million) from business reorganization at Best Buy Europe, recorded in fiscal Q1 2010 under the plan implemented in Q4 fiscal 2009. No employee headcount disclosed. Cumulative International charges under the plan through fiscal year-end: $33 million. | ||||
| 2010-02-27 | plant_closure | completed | Europe | International segment — The Carphone Warehouse and The Phone House stores | Item_1_Business f5-10k / GLM-5.3-flash-HTML | 94 stores closed during fiscal 2010 within a segment that opened 106 and closed 106 stores in total; store counts from the store reconciliation tables. No employee counts disclosed for these closures. | |||||
| 2010-02-27 | plant_closure | completed | China | International segment — Five Star stores | Item_1_Business f5-10k / GLM-5.3-flash-HTML | 12 Five Star stores closed during fiscal 2010 (164 at fiscal 2009 year-end to 158 at fiscal 2010 year-end). No employee counts disclosed for these closures. | |||||
| 2010-02-27 | restructuring | completed | 2009-04 | United States | Domestic — U.S. Best Buy store operating model | USD 25 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charge recorded in fiscal Q1 2010 for updating the U.S. Best Buy store operating model, including elimination of certain positions and termination benefits; no headcount affected disclosed; company states announced restructuring activities are substantially complete | |||
| 2010-02-27 | restructuring | completed | 2009-04 | Europe | International — Best Buy Europe | USD 27 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal Q1 2010 charge for employee termination benefits and business reorganization costs at Best Buy Europe; no headcount affected disclosed | |||
| 2010-02-27 | acquisition_addition | completed | 2009-02 | China | International — Five Star | USD 196 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the remaining 25% minority interest in Jiangsu Five Star, converting it to a wholly-owned enterprise; Five Star was already consolidated, so no incremental headcount addition is quantified | |||
| 2010-02-27 | plant_closure | completed | Europe | International — The Carphone Warehouse and The Phone House stores | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | 94 stores closed during fiscal 2010 (82 opened, 94 closed, net 2,453 at year-end); no associated workforce reduction quantified in the filing | |||||
| 2010-02-27 | plant_closure | completed | China | International — Five Star stores | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | 12 Five Star stores closed during fiscal 2010 (6 opened, 12 closed, net 158 at year-end); MD&A cites closing unprofitable stores in China; no associated workforce reduction quantified | |||||
| 2010-02-27 | restructuring | completed | 2010-03-01 | United States | Domestic Segment | USD 25 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Charges related to updating U.S. Best Buy store operating model, including eliminating certain positions. | |||
| 2010-02-27 | restructuring | completed | 2010-03-01 | Europe | International Segment | USD 27 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Charges related to employee termination benefits and business reorganization costs in Best Buy Europe. | |||
| 2010-02-27 | restructuring | completed | 2009-04-01 | United States | Domestic Segment | USD 25 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Update to U.S. Best Buy store operating model, including eliminating certain positions. Charges recorded in fiscal first quarter. | |||
| 2010-02-27 | restructuring | completed | 2009-10-01 | Europe | International Segment | USD 27 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Employee termination benefits and business reorganization costs in Best Buy Europe. Charges recorded in fiscal first quarter. | |||
| 2010-02-27 | restructuring | in_progress | USD 52,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2009-11-28 | restructuring | completed | 2009-04 | United States | Domestic | USD 25 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine months ended 2009-11-28 charge; primarily termination benefits from changes to the Best Buy store operating model. No employee count disclosed. Company states restructuring activities are substantially complete. | |||
| 2009-11-28 | restructuring | completed | 2009-04 | International (Europe) | International | USD 27 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine months ended 2009-11-28 charge; employee termination benefits and business reorganization costs at Best Buy Europe. No employee count disclosed. Company states restructuring activities are substantially complete. | |||
| 2009-11-28 | restructuring | completed | 2009-02-28 | Domestic | Corporate Headquarters and Stores | USD 25 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to voluntary and involuntary separation plans at corporate headquarters and elimination of certain store positions. Filer states restructuring activities are substantially complete. | |||
| 2009-11-28 | restructuring | completed | 2009-02-28 | International | Best Buy Europe | USD 27 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to employee termination benefits and business reorganization costs at Best Buy Europe. Filer states restructuring activities are substantially complete. | |||
| 2009-11-28 | restructuring | in_progress | USD 52,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2009-08-29 | restructuring | in_progress | 2009-04-30 | United States | Domestic — U.S. Best Buy store operating model and corporate headquarters | USD 25 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended 2009-08-29 charge; no headcount disclosed. April 2009 notification of store operating model update eliminating certain positions; date approximate to month disclosed. Company states restructuring activities are substantially complete. | |||
| 2009-08-29 | restructuring | in_progress | 2009-04-30 | Europe | International — Best Buy Europe | USD 27 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended 2009-08-29 charge for employee termination benefits and business reorganization at Best Buy Europe; no headcount disclosed. Shares announcement date with Domestic component of same program. | |||
| 2009-08-29 | restructuring | completed | 2009-04-01 | United States | Domestic | USD 25 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Domestic segment restructuring charges of $25 million recorded in Q1 FY2010, primarily for termination benefits. Filer states it is 'substantially complete' with announced restructuring activities. | |||
| 2009-08-29 | restructuring | completed | 2009-04-01 | International | International | USD 27 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | International segment restructuring charges of $27 million recorded in Q1 FY2010, related to employee termination benefits and business reorganization costs at Best Buy Europe. | |||
| 2009-08-29 | restructuring | in_progress | USD 52,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2009-05-30 | restructuring | in_progress | 2009-04-01 | 2010-02-27 | United States | Domestic | USD 25 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | April 2009 store operating model update eliminating certain positions; Q1 charge includes $25M termination benefits. No employee count disclosed. Program expected substantially complete in fiscal 2010. | ||
| 2009-05-30 | restructuring | in_progress | 2009-04-01 | 2010-02-27 | International (Best Buy Europe) | International | USD 27 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employee termination benefits and business reorganization costs at Best Buy Europe; Q1 charge includes $26M termination benefits and $1M facility closure. No employee count disclosed. | ||
| 2009-05-30 | restructuring | in_progress | 2009-04-01 | 2010-02-27 | United States | Domestic | USD 25 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Update to U.S. Best Buy store operating model, including eliminating certain positions. Charges primarily for employee termination benefits. Expected substantially complete in fiscal 2010. | ||
| 2009-05-30 | restructuring | in_progress | 2009-04-01 | 2010-02-27 | Europe | International | USD 27 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Best Buy Europe employee termination benefits and business reorganization costs. Expected substantially complete in fiscal 2010. | ||
| 2009-02-28 | restructuring | in_progress | 2009-02 | 2010-02 | United States | Domestic segment — corporate headquarters and certain other locations; closure of Magnolia Audio Video corporate office and distribution facilities | USD 72 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Restructuring plan implemented in fiscal Q4 2009 (Nov 30, 2008 – Feb 28, 2009). $72M Domestic charge primarily for employee termination benefits under voluntary and involuntary separation programs, plus Magnolia Audio Video corporate office and distribution facility closure costs. Total plan charge of $78M comprised $75M termination benefits, $1M facility closure costs and $2M property and equipment write-downs; only $2M paid by fiscal year-end, leaving a $74M liability. Headcount affected not disclosed. Substantially complete expected in fiscal 2010. | ||
| 2009-02-28 | restructuring | in_progress | 2009-02 | 2010-02 | Canada | International segment — Canada businesses | USD 6 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Component of the fiscal Q4 2009 restructuring plan; $6M charge primarily for employee termination benefits in the Canada businesses. Headcount affected not disclosed. Substantially complete expected in fiscal 2010. | ||
| 2009-02-28 | reduction_in_force | announced | 2009-04 | 2010-02 | United States | U.S. Best Buy stores | subsequent_events f5-10k / GLM-5.3-flash-HTML | Announced after fiscal year-end: in early April 2009 the company notified U.S. Best Buy store employees of intent to update the store operating model, including eliminating certain positions; on April 27, 2009, impacted employees were offered a separation package or a sales associate position at a lower rate of pay. Charges not yet reasonably estimable; expected in fiscal Q1 2010. Substantially complete expected in fiscal 2010. | |||
| 2009-02-28 | restructuring | announced | 2009-04 | 2010-02 | Europe | International segment — Best Buy Europe | USD 27 (millions) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Approximately $27M (before income taxes and minority interest) expected in fiscal Q1 2010 for employee termination benefits and business reorganization costs at Best Buy Europe. Headcount affected not disclosed. Substantially complete expected in fiscal 2010. | ||
| 2009-02-28 | plant_closure | in_progress | 2008-06-28 | 2010-02 | Europe | International segment — Best Buy Europe | USD 20 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | $20M restructuring accrual recorded at the June 28, 2008 acquisition date for costs to terminate certain Best Buy Europe activities, primarily store closure costs and agreement termination fees (recorded under EITF 95-3 purchase accounting). Not utilized in fiscal 2009; expected to be utilized primarily in fiscal 2010. Headcount affected not disclosed. | ||
| 2009-02-28 | plant_closure | completed | United States, Canada, China, Europe | Retail stores — Domestic and International segments (all brands) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | 67 stores closed during fiscal 2009 (alongside 285 new stores opened, 2,414 Best Buy Europe stores acquired, and 34 stores relocated), including 54 The Carphone Warehouse / The Phone House stores in Europe. Headcount impact not disclosed. | |||||
| 2009-02-28 | acquisition_addition | completed | 2008-06-28 | Europe | International segment — Best Buy Europe Distributions Limited (50% venture with The Carphone Warehouse) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired 50% interest in Best Buy Europe on June 28, 2008 for approximately $2.2 billion, adding 2,414 retail stores. Employee headcount added not disclosed; at fiscal year-end approximately 9,000 full-time and part-time sales associates were employed across 2,465 Best Buy Europe stores. | ||||
| 2009-02-28 | restructuring | in_progress | 2009-02-28 | United States | Domestic segment — corporate headquarters and certain other locations; Magnolia Audio Video corporate office and distribution facilities | USD 72 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Plan implemented in fiscal Q4 2009; exact announcement date not disclosed. Primarily voluntary and involuntary separation benefits plus closure costs. $74M of the $78M program liability remained accrued at year-end (only $2M paid), so program is substantially unpaid/in progress. Employee headcount affected not disclosed. | |||
| 2009-02-28 | restructuring | in_progress | 2009-02-28 | Canada | International segment | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Termination benefits in Canada businesses, recorded in fiscal Q4 2009; exact announcement date not disclosed. Headcount affected not disclosed. | |||
| 2009-02-28 | restructuring | announced | 2009-04-27 | United States | U.S. Best Buy stores — store operating model update | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Post-year-end: in early April 2009 employees notified of intent to update store operating model including eliminating certain positions; on 2009-04-27 impacted store employees notified of option to accept separation package or a lower-rate sales associate position. Charge amount and headcount not estimable per filer; expected to be recorded in Q1 fiscal 2010. | ||||
| 2009-02-28 | restructuring | announced | 2009-02-28 | 2009-05-02 | Europe | Best Buy Europe — employee termination benefits and business reorganization | USD 27 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately $27M expected before income taxes and minority interest in Q1 fiscal 2010; announced as of fiscal year-end filing. Headcount affected not disclosed. | ||
| 2009-02-28 | plant_closure | completed | 2009-02-28 | United States and International | Retail stores (includes 7 Magnolia Audio Video and 1 Geek Squad store closures) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | 67 stores closed during fiscal 2009 (in addition to 285 openings and 34 relocations). Associated workforce reduction not quantified. | ||||
| 2009-02-28 | acquisition_addition | completed | 2008-06-30 | 2008-06-30 | Europe | International segment — Best Buy Europe (50% interest, consolidated) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 50% interest for $2,167M ($2,196M including transaction costs); 2,414 stores acquired. Headcount added not disclosed; a $20M restructuring accrual for store closures and agreement terminations was recorded at acquisition. | |||
| 2009-02-28 | acquisition_addition | completed | 2008-10-25 | 2008-10-31 | United States | Domestic segment — Napster, Inc. | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Cash tender offer at $2.65/share, $121M purchase price ($100M net of cash). Headcount added not disclosed. | |||
| 2009-02-28 | restructuring | completed | 2009-02-28 | Global | Corporate Headquarters and Certain Other Locations | USD 78 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Charges recorded in Q4 FY2009 related to termination benefits to reduce ongoing cost structure. Specific employee count not disclosed. | |||
| 2009-02-28 | restructuring | completed | 2009-02-28 | Domestic Segment | Corporate Headquarters and Certain Other Locations | USD 72 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Portion of total restructuring charge impacting Domestic segment. | |||
| 2009-02-28 | restructuring | completed | 2009-02-28 | International Segment | Canada | USD 6 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Portion of total restructuring charge impacting International segment, primarily for employee termination benefits in Canada. | |||
| 2009-02-28 | restructuring | completed | 2009-02-28 | Domestic and International | Corporate headquarters and certain other locations | USD 78 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Charges recorded in Q4 FY2009 related to voluntary and involuntary separation plans. Employee count not explicitly disclosed in footnote. | |||
| 2009-02-28 | restructuring | announced | 2009-04-27 | United States | U.S. Best Buy stores | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Subsequent event: Notification of intention to update store operating model, including eliminating certain positions. Charges expected in Q1 FY2010. | ||||
| 2009-02-28 | restructuring | announced | 2009-04-01 | Europe | Best Buy Europe | USD 27 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Subsequent event: Expected charges for employee termination benefits and business reorganization costs in Q1 FY2010. | |||
| 2008-11-29 | voluntary_separation | announced | 2008-12-15 | 2009-01-16 | United States | Corporate | USD 60 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Voluntary separation package offered to nearly all corporate employees to reduce future corporate expenses; employees could accept through January 5, 2009 and revoke acceptance through January 16, 2009. Estimated cost of approximately $60 million based on acceptances at January 5, 2009, to be recognized in fiscal Q4; excludes any future involuntary workforce reductions. Number of participating employees not disclosed. Geography not explicitly stated in filing. | ||
| 2008-11-29 | acquisition_addition | completed | 2008-09-14 | 2008-10-25 | United States | Domestic | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger agreement signed September 14, 2008; transaction consummated October 25, 2008 (accounting effective date October 31, 2008) for $120 million ($99 million net of cash acquired). Consolidated into Domestic segment. No employee headcount acquired disclosed. | |||
| 2008-11-29 | acquisition_addition | completed | 2008-05-07 | 2008-06-30 | Europe | International | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale and Purchase Agreement signed May 7, 2008; consummated June 30, 2008 (accounting effective date June 28, 2008). Purchased 50% of Best Buy Europe Distributions Limited from The Carphone Warehouse Group PLC for $2,167 million ($2,196 million including transaction costs); CPW contributed a business with over 2,400 retail stores (2,430 stores at November 29, 2008). Consolidated into International segment on a two-month lag. No employee headcount acquired disclosed; a $19 million restructuring accrual for store closures and agreement terminations was recorded at acquisition, not utilized in fiscal Q3 2009. | |||
| 2008-11-29 | voluntary_separation | announced | 2008-12-15 | 2009-01-16 | Corporate | Corporate | USD 60 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Voluntary separation package available to nearly all corporate employees. Acceptance deadline Jan 5, 2009; revocation option until Jan 16, 2009. Cost estimate based on acceptances as of Jan 5, 2009. | ||
| 2008-08-30 | acquisition_addition | completed | 2008-05-07 | 2008-06-30 | Europe (United Kingdom) | International | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 50% interest in Best Buy Europe acquired from Carphone Warehouse for $2,196M; no employee headcount disclosed. A $37M restructuring accrual for store closures and agreement terminations was recorded at acquisition, but no affected-employee count is given. | |||
| 2008-08-30 | acquisition_addition | announced | 2008-09-14 | United States | Other | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Tender offer for Napster, Inc. at $2.65/share (~$121M total value) commenced September 26, 2008; no headcount disclosed. | ||||
| 2008-08-30 | restructuring | completed | 2008-06-28 | Europe | International | USD 37 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring accrual recorded at acquisition date for Best Buy Europe, primarily for store closure costs and agreement termination fees. Employee count not disclosed. | |||
| 2008-05-31 | acquisition_addition | completed | 2008-05-07 | 2008-06-30 | Europe (England and Wales) | International | USD 2,167 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Best Buy purchased a 50% interest in Best Buy International Limited for $2,167 million; transaction closed June 30, 2008 (accounting effective date June 28, 2008). No employee headcount associated with the venture was disclosed. Results to be consolidated on a two-month lag beginning fiscal Q3 2009. | ||
| 2008-03-01 | acquisition_addition | completed | 2007-05-01 | United States | Domestic segment — broadband, voice, data and information technology services | USD 103 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Speakeasy acquired for $103 million cash ($89 million net of cash acquired), including transaction costs and repayment of $5 million of Speakeasy debt. Headcount added through the acquisition was not disclosed; Speakeasy contributed $78 million of revenue in fiscal 2008. | |||
| 2008-03-01 | plant_closure | completed | United States (California, Oregon, Washington) | Domestic segment — Magnolia Audio Video stand-alone stores | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Seven Magnolia Audio Video stores closed during fiscal 2008, reducing the brand from 20 to 13 stores. Employee impact of the closures was not disclosed. | |||||
| 2008-03-01 | plant_closure | completed | United States (California, Colorado, Georgia, Minnesota, Texas) | Domestic segment — Geek Squad stand-alone stores | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Five Geek Squad stand-alone stores closed during fiscal 2008, reducing the format from 12 to 7 stores. Employee impact was not disclosed; Geek Squad service continues in all Best Buy stores. | |||||
| 2008-03-01 | plant_closure | completed | China | International segment — Five Star stores | MD&A f5-10k / GLM-5.3-flash-HTML | Six Five Star stores closed during fiscal 2008 (31 opened), bringing the chain from 135 to 160 stores. Employee impact of the closures was not disclosed. | |||||
| 2008-03-01 | acquisition_addition | completed | 2007-05-01 | 2007-05-01 | United States | Domestic | USD 103 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired for $103 million cash ($89 million net of cash acquired); acquired headcount not disclosed. Speakeasy contributed $78 million of revenue in fiscal 2008 | ||
| 2008-03-01 | plant_closure | completed | 2008-03-01 | United States | Domestic | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 12 Domestic stores closed during fiscal 2008 (7 Magnolia Audio Video, 5 U.S. Geek Squad stand-alone); associated employee reductions not quantified | ||||
| 2008-03-01 | plant_closure | completed | 2008-03-01 | China | International | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 6 Five Star stores closed during fiscal 2008; associated employee reductions not quantified. Item 1 states 18 total stores closed company-wide in fiscal 2008 | ||||
| 2008-03-01 | plant_closure | completed | China | Global Sourcing | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Beijing sourcing office closed after fiscal year-end (three offices operated at March 1, 2008); headcount not disclosed | |||||
| 2007-09-01 | acquisition_addition | completed | 2007-05-01 | United States | Domestic segment | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired for $103 million cash ($89 million net of cash acquired); no employee count disclosed. Filer notes Speakeasy's skilled, established workforce as a rationale for the premium paid. | ||||
| 2007-09-01 | plant_closure | completed | United States | Domestic segment — Magnolia Audio Video | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six Magnolia Audio Video stores closed during the quarter (19 to 13); no associated workforce reduction quantified. | |||||
| 2007-09-01 | plant_closure | completed | China | International segment — Five Star | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Two Five Star stores closed during the quarter (137 to 142 net of 7 opened); no associated workforce reduction quantified. | |||||
| 2007-09-01 | acquisition_addition | completed | 2007-05-01 | United States | Domestic | USD 103 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Speakeasy, Inc. to strengthen technology solutions portfolio; headcount not explicitly disclosed. | |||
| 2007-09-01 | plant_closure | completed | United States | Domestic | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closed 6 Magnolia Audio Video stores in Q2 FY2008; employee count impact not disclosed. | |||||
| 2007-09-01 | plant_closure | completed | China | International | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closed 2 Five Star stores in Q2 FY2008; employee count impact not disclosed. | |||||
| 2007-06-02 | acquisition_addition | completed | 2007-05-01 | United States | Domestic segment | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired for $103 million cash ($89 million net of cash acquired); no employee count disclosed. Filing notes the premium paid was partly for Speakeasy's skilled, established workforce. | ||||
| 2007-06-02 | acquisition_addition | completed | 2007-05-01 | United States | Domestic | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Speakeasy, Inc. to strengthen technology solutions portfolio; noted acquisition of 'skilled, established workforce' but no specific headcount disclosed. | ||||
| 2007-06-02 | plant_closure | completed | United States | Domestic | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closed 1 Magnolia Audio Video store and 5 U.S. Geek Squad stores during the quarter. No employee count disclosed. | |||||
| 2007-06-02 | plant_closure | completed | China | International | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closed 1 Five Star store during the quarter. No employee count disclosed. | |||||
| 2007-03-03 | acquisition_addition | completed | 2006-03-07 | United States (Southern California) | Domestic — Pacific Sales Kitchen and Bath Centers, Inc. | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of 14 high-end appliance showrooms completed March 7, 2006 for $411 million including transaction costs ($408 million net of cash acquired); employee headcount acquired not disclosed. | ||||
| 2007-03-03 | acquisition_addition | completed | 2006-06-08 | China | International — Jiangsu Five Star Appliance Co., Ltd. | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | 75% interest acquired for $184 million including a $122 million working capital injection and transaction costs; 131 stores at the acquisition date, consolidated on a two-month lag; acquired headcount not disclosed. | ||||
| 2007-03-03 | plant_closure | completed | Canada | International — Geek Squad (Canada) | MD&A f5-10k / GLM-5.3-flash-HTML | All six Canada Geek Squad stand-alone stores closed during the second quarter of fiscal 2007; related closure expenses partially offset the segment SG&A rate decline; headcount impact not disclosed. | |||||
| 2007-03-03 | plant_closure | completed | China | International — Five Star | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Four Five Star stores closed during fiscal 2007; store base moved from 131 at the June 8, 2006 acquisition date to 135 at year-end after eight openings; headcount impact not disclosed. | |||||
| 2007-03-03 | acquisition_addition | completed | 2007-05-01 | United States | Domestic — Best Buy For Business (Speakeasy, Inc.) | subsequent_events f5-10k / GLM-5.3-flash-HTML | VoIP provider acquired effective May 1, 2007 for $97 million cash including transaction costs, after the March 3, 2007 fiscal year-end; $6 million of Speakeasy debt also repaid; headcount not disclosed. | ||||
| 2007-03-03 | acquisition_addition | completed | 2006-03-07 | 2006-03-07 | United States (Southern California) | Domestic segment — Pacific Sales Kitchen and Bath Centers | USD 411 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired all common stock for $411 million ($408 million net of cash acquired); 14 showrooms acquired; headcount not disclosed | ||
| 2007-03-03 | acquisition_addition | completed | 2006-06-08 | 2006-06-08 | China | International segment — Jiangsu Five Star Appliance Co. | USD 184 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired 75% interest for $184 million including $122 million working capital injection; 135 stores acquired; headcount not disclosed | ||
| 2007-03-03 | plant_closure | completed | Canada | International segment — Canada Geek Squad stand-alone stores | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Six Canada Geek Squad stores closed during fiscal 2007; associated workforce reduction not quantified | |||||
| 2007-03-03 | plant_closure | completed | China | International segment — Five Star stores | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Four Five Star stores closed during fiscal 2007; associated workforce reduction not quantified | |||||
| 2007-03-03 | acquisition_addition | completed | 2007-05-01 | 2007-05-01 | United States | Domestic segment — Best Buy For Business / Speakeasy, Inc. | USD 97 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired Speakeasy for $97 million cash plus repayment of $6 million debt, effective May 1, 2007 (after fiscal year-end, before filing date); goodwill projected at approximately $75 million; headcount not disclosed | ||
| 2007-03-03 | acquisition_addition | completed | 2006-03-07 | United States | Domestic | USD 411 (millions) | Item 1. Business f5-10k / Qwen3.6-27B-Q8_0 | Acquired Pacific Sales Kitchen and Bath Centers, Inc. for $411 million. Headcount not explicitly disclosed. | |||
| 2007-03-03 | acquisition_addition | completed | 2006-06-08 | China | International | USD 184 (millions) | Item 1. Business f5-10k / Qwen3.6-27B-Q8_0 | Acquired 75% interest in Jiangsu Five Star Appliance Co. for $184 million. Headcount not explicitly disclosed. | |||
| 2007-03-03 | plant_closure | completed | Canada | International | Item 7. MD&A f5-10k / Qwen3.6-27B-Q8_0 | Closed all six Canada Geek Squad stores in the second quarter of fiscal 2007. Employee count not disclosed. | |||||
| 2006-11-25 | acquisition_addition | completed | 2006-03-07 | United States (Southern California) | Domestic | USD 411 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Pacific Sales Kitchen and Bath Centers for $411 million ($408 million net of cash acquired); 14 showrooms at 2006-11-25. Headcount added not disclosed. | |||
| 2006-11-25 | acquisition_addition | completed | 2006-06-08 | China | International | USD 184 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 75% interest in Five Star for $184 million including working capital injection; 133 stores in seven provinces at 2006-11-25. Headcount added not disclosed. | |||
| 2006-11-25 | restructuring | completed | Domestic and International segments | Corporate and Retail | USD 19 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Filing discloses $19 million in severance and reorganization expenses recorded in the Domestic segment during the first nine months of fiscal 2007. No specific employee count is provided. | ||||
| 2006-08-26 | restructuring | in_progress | United States; Canada | Domestic and International segments | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance and reorganization expenses in the first six months of fiscal 2007 raised the consolidated SG&A rate by about 0.2% of revenue ($0.04 per diluted share); Domestic segment impact about 0.3%. No employee count or charge amount disclosed. Related 'recent workforce reductions' referenced in the stock-based compensation footnote (same event, not double-counted). | |||||
| 2006-08-26 | plant_closure | completed | Canada | International — Geek Squad | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | All six Canadian Geek Squad stores closed during the second quarter of fiscal 2007; closure expenses raised the International SG&A rate by about 0.3% of revenue for the quarter and 0.2% for the six months. No employee count disclosed. | |||||
| 2006-08-26 | acquisition_addition | completed | 2006-03-07 | United States (Southern California) | Domestic — Pacific Sales Kitchen and Bath Centers | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired for $411 million ($408 million net of cash acquired). Operated 14 showrooms as of August 26, 2006; contributed $78 million revenue in Q2 and $142 million in the six months. No employee headcount disclosed. | ||||
| 2006-08-26 | acquisition_addition | completed | 2006-06-08 | China | International — Jiangsu Five Star Appliance Co., Ltd. | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 75% interest for $184 million including a $122 million working capital injection. 131 stores in eight provinces as of August 26, 2006; contributed $80 million revenue from June 8 to June 30, 2006. Consolidated on a two-month lag. No employee headcount disclosed. | ||||
| 2006-08-26 | restructuring | in_progress | Domestic | General | USD 7 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Expenses related to severance and reorganization increased SG&A rate by approx 0.3% of revenue for the quarter. | ||||
| 2006-08-26 | restructuring | in_progress | Domestic | General | USD 19 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Expenses related to severance and reorganization increased SG&A rate by approx 0.3% of revenue for the six-month period. | ||||
| 2006-08-26 | plant_closure | completed | Canada | Geek Squad | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closure of all six Canadian Geek Squad stores increased SG&A rate by approx 0.3% of revenue for the quarter. | |||||
| 2006-08-26 | plant_closure | completed | Canada | Geek Squad | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closure of all six Canadian Geek Squad stores increased SG&A rate by approx 0.2% of revenue for the six-month period. | |||||
| 2006-05-27 | acquisition_addition | completed | 2006-03-07 | United States (Southern California) | Domestic | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Pacific Sales Kitchen and Bath Centers for $408 million net of cash acquired; 14 showrooms added to the Domestic segment. No employee count disclosed for the acquired workforce. | ||||
| 2006-05-27 | restructuring | in_progress | United States | Domestic | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance and reorganization activities increased the first-quarter SG&A rate by 0.4% of revenue (about $0.03 per diluted share). No employee count, announcement date, or separate charge amount disclosed. | |||||
| 2006-05-27 | acquisition_addition | announced | 2006-06-08 | China | International | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired a 75% interest in Jiangsu Five Star Appliance Co. for $180 million, including a $122 million working capital injection; Five Star operates 136 stores in eight Chinese provinces. No employee count disclosed; to be accounted for as a purchase-method business combination in Q2 fiscal 2007. | ||||
| 2006-05-27 | restructuring | completed | Canada | Corporate Headquarters | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Reductions in Canadian headquarter costs occurred at the end of fiscal 2006, contributing to SG&A rate decrease in Q1 2007. | |||||
| 2006-05-27 | acquisition_addition | completed | 2006-03-07 | United States | Domestic | USD 408 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Pacific Sales Kitchen and Bath Centers, Inc. for $408 million net of cash. Headcount not explicitly disclosed. | |||
| 2006-05-27 | acquisition_addition | announced | 2006-06-08 | China | International | USD 180 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquired 75% interest in Jiangsu Five Star Appliance Co., Ltd. for $180 million. Headcount not explicitly disclosed. | |||
| 2006-02-25 | acquisition_addition | completed | 2005 | United States (California) | High-end home entertainment systems design, sales and installation | USD 7 (millions) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquired certain assets of AV Audiovisions, Inc. in Q3 fiscal 2006 for a $7 million purchase price; headcount acquired not disclosed. | |||
| 2006-02-25 | acquisition_addition | completed | Canada (Ontario) | High-end home entertainment systems design, sales and installation | USD 1 (millions) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquired Howell & Associates, Inc. in Q4 fiscal 2006 (quarter spans Nov 2005–Feb 2006) for $1 million; headcount acquired not disclosed. | ||||
| 2006-02-25 | plant_closure | completed | United States | Domestic — Geek Squad stand-alone store | Item_1_Business f5-10k / GLM-5.3-flash-HTML | One U.S. Geek Squad stand-alone store closed during fiscal 2006, leaving 12; affected headcount not disclosed. | |||||
| 2006-02-25 | plant_closure | completed | Canada | International — Future Shop store | Item_1_Business f5-10k / GLM-5.3-flash-HTML | One Future Shop store closed during fiscal 2006, leaving 118 stores at year-end; affected headcount not disclosed. | |||||
| 2006-02-25 | other | completed | 5,000 | United States | Domestic — Geek Squad services | MD&A f5-10k / GLM-5.3-flash-HTML | Headcount expansion, not a reduction: net addition of 5,000 Geek Squad agents during fiscal 2006, alongside bringing previously outsourced home theater installation in-house. Item 1 separately cites more than 12,000 U.S. Geek Squad agents at fiscal year-end. | ||||
| 2006-02-25 | restructuring | completed | Canada | International segment operations | MD&A f5-10k / GLM-5.3-flash-HTML | Fiscal 2006 International SG&A rate increase driven primarily by restructuring of segment operations, including severance associated with staff reductions; headcount and charge amount not quantified. | |||||
| 2006-02-25 | acquisition_addition | completed | 2006-03-07 | United States (southern California) | Domestic segment (from fiscal 2007) — premium kitchen/bath appliance and home entertainment showrooms | USD 411 (millions) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Acquired all common stock of Pacific Sales Kitchen and Bath Centers, Inc. effective March 7, 2006 (Q1 fiscal 2007, after the fiscal year-end); purchase price $411 million ($408 million net of cash acquired, including transaction costs); 14 showrooms; headcount acquired not disclosed. | |||
| 2006-02-25 | restructuring | announced | 2006-05-10 | United States | Domestic segment — corporate campus and store support functions | MD&A f5-10k / GLM-5.3-flash-HTML | Disclosed with fiscal 2007 outlook: anticipated severance and related reorganization costs of $0.03–$0.05 per diluted share in the first half of fiscal 2007, tied to implementing a single customer-centric operating model and redeploying resources; headcount not quantified. | ||||
| 2006-02-25 | acquisition_addition | completed | United States (California) | Domestic segment — high-end home entertainment design and installation | USD 7 (millions) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Third-quarter fiscal 2006 purchase of certain assets of AV Audiovisions, Inc.; purchase price stated, headcount not disclosed. | ||||
| 2006-02-25 | acquisition_addition | completed | Canada (Ontario) | Domestic/International — high-end home entertainment design and installation | USD 1 (millions) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fourth-quarter fiscal 2006 purchase of Howell & Associates, Inc.; purchase price stated, headcount not disclosed. | ||||
| 2006-02-25 | plant_closure | completed | United States | Domestic segment — Geek Squad stand-alone store | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | One U.S. Geek Squad stand-alone store closed during fiscal 2006; no associated headcount reduction disclosed. | |||||
| 2006-02-25 | plant_closure | completed | Canada | International segment — Future Shop store | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | One Future Shop store closed during fiscal 2006; no associated headcount reduction disclosed. | |||||
| 2006-02-25 | acquisition_addition | completed | 2006-03-07 | United States (southern California) | Domestic segment — premium kitchen and bath showrooms | USD 411 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pacific Sales Kitchen and Bath Centers acquired effective 2006-03-07 for $411 million ($408 million net of cash); 14 showrooms acquired, headcount not disclosed; results included in Domestic segment starting fiscal 2007. | |||
| 2006-02-25 | acquisition_addition | completed | 2006-03-07 | United States | Domestic | subsequent_events f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Pacific Sales Kitchen and Bath Centers, Inc. effective March 7, 2006. Headcount not disclosed. | ||||
| 2006-02-25 | acquisition_addition | completed | 2006-01-01 | United States | Domestic | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired certain assets of AV Audiovisions, Inc. in Q3 FY2006. Headcount not disclosed. | ||||
| 2006-02-25 | acquisition_addition | completed | 2006-01-01 | Canada | International | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Howell & Associates, Inc. in Q4 FY2006. Headcount not disclosed. | ||||
| 2005-11-26 | acquisition_addition | announced | 2005-12-22 | 2006-01-15 | United States (Southern California) | Domestic | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price approximately $410 million; no employee headcount for the 14 acquired showrooms is disclosed. Expected to close mid-January 2006; no impact expected on fiscal 2006 results. | |||
| 2005-02-26 | plant_closure | completed | United States | U.S. Best Buy (Domestic segment) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | One U.S. Best Buy store closed during fiscal 2005 (608 to 668 stores net of 61 openings); employee impact not disclosed. | |||||
| 2005-02-26 | plant_closure | completed | United States (California, Washington, Oregon) | Magnolia Audio Video (Domestic segment) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Two Magnolia Audio Video stores closed during fiscal 2005, reducing the chain from 22 to 20 stores; employee impact not disclosed. | |||||
| 2005-02-26 | plant_closure | completed | United States | U.S. Best Buy retail stores | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | One U.S. Best Buy store closed during fiscal 2005; no employee count or charge disclosed. | |||||
| 2005-02-26 | plant_closure | completed | United States | Magnolia Audio Video retail stores | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Two Magnolia Audio Video stores closed during fiscal 2005; no employee count or charge disclosed. | |||||
| 2004-08-28 | other | in_progress | 2004-07 | United States | Information technology | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Seven-year IT consulting and outsourcing agreement with Accenture; second-quarter SG&A included transition costs, but no employee count or charge amount was disclosed | ||||
| 2004-05-29 | restructuring | completed | Corporate, regional and district offices | General & Administrative | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Headcount reductions in corporate, regional and district offices cited as driver for SG&A rate improvement. | |||||
| 2004-02-28 | divestiture_reduction | completed | 2003-06-16 | 2003-06-16 | United States | Discontinued operations (Musicland — mall-based and rural-market specialty retail) | USD 66 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Interest in Musicland sold to a Sun Capital Partners affiliate on June 16, 2003 (plan committed in Q4 fiscal 2003); buyer assumed all Musicland liabilities, including ~$500 million of lease obligations, for no cash consideration. The $66 million is an after-tax, primarily non-cash loss on disposal of discontinued operations, not a severance charge. Number of employees leaving with the business is not disclosed; Musicland results are classified as discontinued operations for all periods presented. | ||
| 2004-02-28 | divestiture_reduction | completed | 2003-06-16 | 2003-06-16 | United States | Musicland (discontinued operations) | USD 66 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Musicland interest to Sun Capital affiliate; $66M after-tax loss on disposal. No employee headcount associated with the transaction is disclosed. | ||
| 2004-02-28 | divestiture_reduction | completed | 2003-06-16 | 2003-06-16 | United States | Discontinued Operations (Musicland) | USD 66 (millions) | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Sale of Musicland interest resulted in after-tax loss on disposal of $66 million. Specific headcount removed not disclosed. | ||
| 2003-11-29 | divestiture_reduction | completed | 2003-06-16 | 2003-06-16 | United States | The Musicland Group, Inc. (discontinued operations) | USD 66 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Musicland to a Sun Capital affiliate; buyer assumed all liabilities including ~$500M lease obligations for no cash. Primarily non-cash after-tax loss on disposal of $66M. No employee count disclosed; sale occurred in fiscal Q2, discussed here as discontinued operations. | ||
| 2003-08-30 | divestiture_reduction | completed | 2003-06-16 | 2003-06-16 | United States | The Musicland Group, Inc. (discontinued operations) | USD 70 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Musicland to a Sun Capital Partners affiliate completed 2003-06-16; buyer assumed all Musicland liabilities including ~$500M lease obligations. Filing discloses a $70M after-tax impairment charge but no employee count transferred or eliminated. | ||
| 2003-08-30 | other | in_progress | United States | Corporate and field offices | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | MD&A reports an approximately 8% reduction in corporate and field office headcount versus the prior-year second quarter as part of the Efficient Enterprise initiative; no absolute count, announcement date, or severance charge disclosed. | |||||
| 2003-08-30 | restructuring | completed | 8% | United States | Corporate and field office | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Approximately 8% reduction in corporate and field office headcount compared with last year's second quarter. | ||||
| 2003-05-31 | divestiture_reduction | announced | 2003-06-16 | United States | Musicland (discontinued operations) | USD 70 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Musicland to a Sun Capital Partners affiliate announced after quarter end; buyer assumed all Musicland liabilities including about $500 million in lease obligations for no cash consideration. Primarily non-cash $70 million after-tax impairment recorded in Q1 fiscal 2004; no employee count disclosed. Final adjustments expected in fiscal 2004 second-quarter results. | |||
| 2003-05-31 | restructuring | in_progress | 2003-05-31 | USD 70 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Impairment loss related to sale of Musicland, including estimated transaction fees and employee severance. | |||||
| 2003-05-31 | restructuring | completed | 2003-05-31 | Domestic | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Reductions in field staff and discretionary advertising expenditures as part of expense-saving initiatives. | |||||
| 2003-03-01 | divestiture_reduction | announced | 11,000 | United States (48 states, District of Columbia, U.S. Virgin Islands, Puerto Rico) | Discontinued operations — Musicland Stores Corporation (Sam Goody, Suncoast, Media Play banners) | USD 166 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sale plan committed during Q4 fiscal 2003; assets held-for-sale, investment bank retained, sale not completed by filing date. Headcount is the approximate year-end Musicland workforce; Musicland hourly-employee unions (10 stores) were the company's only collective bargaining coverage. The $166M pre-tax charge is a Q4 FY2003 long-lived asset impairment under SFAS 144, not severance. | |||
| 2003-03-01 | acquisition_addition | completed | United States | Residential consumer computer support services (Geek Squad, Inc.) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquired all common stock of Geek Squad, Inc. in Q3 fiscal 2003 for approximately $3 million net of cash; number of employees acquired not disclosed. | |||||
| 2003-03-01 | plant_closure | completed | United States | Discontinued operations — Musicland, Sam Goody Mall banner | Item_1_Business f5-10k / GLM-5.3-flash-HTML | 123 Sam Goody Mall stores closed during fiscal 2003 (13 opened); store-level headcount impact not disclosed. Occurred within Musicland, classified as discontinued operations pending planned sale. | |||||
| 2003-03-01 | plant_closure | completed | United States | Discontinued operations — Musicland, Suncoast banner | Item_1_Business f5-10k / GLM-5.3-flash-HTML | 25 Suncoast stores closed during fiscal 2003 (10 opened); store-level headcount impact not disclosed. Occurred within Musicland, classified as discontinued operations pending planned sale. | |||||
| 2003-03-01 | plant_closure | completed | United States | Discontinued operations — Musicland, Sam Goody Rural banner (formerly On Cue) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | 20 Sam Goody Rural stores closed during fiscal 2003 (19 opened); store-level headcount impact not disclosed. Occurred within Musicland, classified as discontinued operations pending planned sale. | |||||
| 2003-03-01 | divestiture_reduction | in_progress | 11,000 | United States | Musicland (discontinued operations) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company committed to a plan to sell its interest in Musicland during the fourth quarter of fiscal 2003; exact announcement date not disclosed. Count is Musicland's approximate total headcount at fiscal year end (1,195 stores), not a stated separation count. Sale not completed as of filing; related non-cash impairment charges ($308M goodwill, $166M pre-tax long-lived assets) are asset write-downs, not severance. | ||||
| 2003-03-01 | plant_closure | in_progress | United States | Musicland — Sam Goody Mall stores | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | 123 Sam Goody Mall stores closed during fiscal 2003 (13 opened); associated workforce reduction not quantified. | |||||
| 2003-03-01 | plant_closure | in_progress | United States | Musicland — Suncoast stores | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | 25 Suncoast stores closed during fiscal 2003 (10 opened); associated workforce reduction not quantified. | |||||
| 2003-03-01 | plant_closure | in_progress | United States | Musicland — Sam Goody Rural stores | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | 20 Sam Goody Rural stores closed during fiscal 2003 (19 opened); associated workforce reduction not quantified. | |||||
| 2003-03-01 | restructuring | announced | 2003-01-10 | United States | Musicland / Domestic Best Buy stores operations | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Announced realignment of the Musicland business into domestic Best Buy store operations; the Musicland president position was eliminated and that officer departed. No severance amount or affected-employee count disclosed. | ||||
| 2003-03-01 | acquisition_addition | completed | United States | Domestic — technology support services (Geek Squad) | USD 3 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Geek Squad, Inc. acquired in the third quarter of fiscal 2003 for approximately $3 million net of cash acquired including transaction costs; headcount added not disclosed. | ||||
| 2003-03-01 | acquisition_addition | completed | 2002-09-30 | United States | Technology Support Services | USD 3 (millions) | Item 1. Business - Acquisitions f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Geek Squad in Q3 FY2003 for approx $3 million. Employee count not disclosed. | |||
| 2003-03-01 | divestiture_reduction | announced | 2003-01-10 | United States | Discontinued Operations (Musicland) | Item 15. Exhibits... Reports on Form 8-K f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Company committed to plan to sell Musicland interest. Position of Musicland president eliminated. Kevin Freeland left company. Total employee reduction count not disclosed. | ||||
| 2002-11-30 | plant_closure | announced | 700 | 2003-01-09 | United States | Musicland (Domestic segment) | USD 7 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closed 107 Musicland stores with expiring or month-to-month leases; ~5% of retail square footage; ~700 full- and part-time store employees affected. Related store closing expenses expected to total ~$7 million, bulk incurred in fiscal 2003. Announced after quarter end (subsequent event disclosed in MD&A). | ||
| 2002-11-30 | acquisition_addition | completed | 2002-10-14 | United States | Domestic segment — technology support services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired all common stock of Geek Squad, Inc. for ~$3 million net of cash acquired; provides residential consumer computer support. Headcount added not disclosed; substantially all purchase price allocated to goodwill. | ||||
| 2002-11-30 | plant_closure | announced | 700 | 2003-01-09 | United States | Domestic (Musicland) | USD 7 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Closed 107 Musicland stores with expiring leases; affected approx. 700 full- and part-time employees. Expenses expected to total approx. $7 million. | ||
| 2002-08-31 | acquisition_addition | completed | 2001-11-04 | Canada | International segment (Future Shop and Canadian Best Buy stores) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Future Shop Ltd. effective 2001-11-04 for $377 million; no employee headcount added disclosed in the filing. | ||||
| 2002-08-31 | plant_closure | completed | United States | Domestic segment — Musicland | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 16 Musicland stores closed during the second quarter of fiscal 2003 (1,315 to 1,306 stores); no associated workforce reduction count disclosed. | |||||
| 2002-03-02 | acquisition_addition | completed | 2001-11-04 | Canada | International (Future Shop) | USD 368 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired all common stock of Future Shop Ltd. effective Nov. 4, 2001 for $377 million, or $368 million net of cash acquired including transaction costs (purchase consideration shown for reference; no workforce-related charge disclosed). Added 95 Canadian stores and established the International segment; acquired-employee headcount not disclosed. | |||
| 2002-03-02 | plant_closure | completed | United States | Musicland | Item_1_Business f5-10k / GLM-5.3-flash-HTML | 39 Musicland mall-based stores closed during fiscal 2002 (51 stores opened; net total 1,321 stores at fiscal year-end vs. 1,309 at acquisition-adjusted start). Workforce impact and associated charges not disclosed. | |||||
| 2002-03-02 | acquisition_addition | completed | 2001-11-04 | 2001-11-04 | Canada | International (Future Shop) | USD 368 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Future Shop Ltd. added 91 stores (95 at year-end); employee headcount added not disclosed | ||
| 2002-03-02 | plant_closure | completed | 2002-03-02 | United States | Musicland | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | 39 Musicland stores closed during fiscal 2002; associated workforce reduction not quantified by filer | ||||
| 2002-03-02 | acquisition_addition | completed | 2001-11-04 | Canada | International | USD 368 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Future Shop Ltd. for $368 million net of cash acquired. Headcount not explicitly disclosed in narrative. | |||
| 2002-03-02 | acquisition_addition | completed | 2001-01-31 | United States | Musicland | USD 425 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Musicland Stores Corporation for $425 million plus debt. Headcount not explicitly disclosed in narrative. | |||
| 2002-03-02 | acquisition_addition | completed | 2001-12-15 | United States | Best Buy | USD 88 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Magnolia Hi-Fi for $88 million. Headcount not explicitly disclosed in narrative. | |||
| 2001-12-01 | acquisition_addition | completed | 2001-11-04 | 2001-11-04 | Canada | International | USD 375 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired all common stock of Future Shop Ltd. for $375 million cash including transaction costs; 95 stores. Employee headcount added not disclosed; purchase price allocation preliminary. | ||
| 2001-12-01 | acquisition_addition | completed | 2001-03-03 | 2001-03-03 | United States | Musicland | USD 425 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Musicland common stock in Q4 fiscal 2001 for $425 million plus long-term debt valued at $271 million; headcount added not disclosed. Included because results are consolidated in the current reporting periods. | ||
| 2001-12-01 | acquisition_addition | completed | 2001-03-03 | 2001-03-03 | United States | Best Buy | USD 88 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Magnolia Hi-Fi common stock in Q4 fiscal 2001 for $88 million cash including transaction costs; headcount added not disclosed. | ||
| 2001-09-01 | acquisition_addition | announced | 2001-08 | 2001-09-30 | Canada | Best Buy | USD 377 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Tender offer for Future Shop Ltd. (90 stores), valued at approximately $377 million; no employee count disclosed. Closing subject to tender offer completion and Canadian regulatory approval. | ||
| 2001-03-03 | acquisition_addition | completed | 2000-12-08 | 2001-01-31 | United States (49 states, District of Columbia, Puerto Rico, U.S. Virgin Islands) | Musicland Stores Corporation — mall-based music and video retail (Sam Goody, Suncoast, On Cue, Media Play) | USD 425 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Merger agreement announced Dec. 8, 2000; common stock acquired effective January 31, 2001 for $425.1 million including transaction costs, plus assumed long-term debt with fair value of $271.2 million. Added approximately 1,300 stores; acquired employee headcount not disclosed. | ||
| 2001-03-03 | acquisition_addition | completed | 2000-12-15 | 2000-12-15 | United States (Washington, Oregon, California) | Magnolia Hi-Fi, Inc. — high-end consumer electronics retail | USD 88 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Cash acquisition of common stock effective December 15, 2000 for $88.0 million including transaction costs; 13 stores operated at fiscal year-end. Acquired employee headcount not disclosed. | ||
| 2001-03-03 | acquisition_addition | completed | 2000-12-08 | 2001-01-31 | United States | Musicland retail brands (Sam Goody, Suncoast, On Cue, Media Play) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger agreement announced via Form 8-K filed 2000-12-08; acquisition of Musicland common stock effective 2001-01-31 for $425.1M plus $271.2M assumed debt. Musicland operated approximately 1,300 stores (1,309 at year-end) with 8.8 million retail square feet; employees added not disclosed. Purchase price allocation preliminary. | |||
| 2001-03-03 | acquisition_addition | completed | 2000-12-15 | United States (Washington, Oregon, California) | Magnolia Hi-Fi high-end consumer electronics retail | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Magnolia Hi-Fi common stock effective 2000-12-15 for $88.0M cash including transaction costs; 13 stores, approximately 100,000 square feet. Employees added not disclosed; announcement date not stated in filing. | ||||
| 2001-03-03 | acquisition_addition | completed | 2000-12-15 | 2001-01-31 | United States | Musicland Stores Corporation and Magnolia Hi-Fi, Inc. | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Company acquired Musicland (approx 1,300 stores) and Magnolia Hi-Fi (13 stores) in Q4 FY2001. Specific headcount added not disclosed, but total employee count of 75,000 includes these acquisitions. | |||
| 2001-03-03 | acquisition_addition | completed | 2000-12-15 | 2000-12-15 | United States | Retail | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquired Musicland Stores Corporation and Magnolia Hi-Fi, Inc. in Q4 FY2001. Specific headcount added not disclosed, but total employee count increased to 75,000. | |||
| 2000-11-25 | acquisition_addition | completed | 2000-12-15 | United States (Seattle, Washington) | Consumer electronics specialty retail (13 stores) | USD 87 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price approximately $87 million cash; no employee count disclosed. Completed after quarter end on 2000-12-15; accounted for as a purchase. | |||
| 2000-11-25 | acquisition_addition | announced | 2000-12-07 | 2001-03-31 | United States | Musicland Stores Corporation — mall-based pre-recorded home entertainment retail (more than 1,300 stores) | USD 685 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Transaction valued approximately $685 million including assumption of $260 million debt; tender offer of $12.55/share commenced 2000-12-21. No employee count disclosed. Pre-closing costs (integration planning, store transformation) expected to reduce Q4 earnings by about $0.05 per share. | ||
| 2000-11-25 | acquisition_addition | completed | 2000-12-15 | Seattle, Washington | Consumer Electronics Retail | USD 87 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Completed purchase of Magnolia Hi-Fi, Inc. for approximately $87 million in cash. Headcount not disclosed. | |||
| 2000-11-25 | acquisition_addition | announced | 2000-12-07 | 2001-03-31 | United States | Home Entertainment Retail | USD 685 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Announced intent to acquire Musicland Stores Corporation in a transaction valued at approximately $685 million. Headcount not disclosed. | ||
| 2000-02-26 | plant_closure | completed | Retail stores | MD&A f5-10k / GLM-5.3-flash-HTML | Filing states the Company closed one store in fiscal 2000 (alongside 10 relocations and 3 expansions); no workforce reduction, headcount, or charge was quantified in connection with the closure. | ||||||
| 1998-02-28 | plant_closure | completed | Retail stores | MD&A f5-10k / GLM-5.3-flash-HTML | One 28,000-square-foot store was closed in fiscal 1998 after its lease expired; no employee impact was quantified. |