Best Buy (BBY)

Company ID: 115 | CIK: 0000764478
10-Q view:
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Segments are charted by their disclosed metrics (revenue, segment profit, etc.). Each line is a single segment. Reconciliation/corporate items are excluded. Major customers are shown as a percentage of revenue. Operational KPIs are grouped by metric concept; sub-metrics appear as separate lines.

Geographic Segments

Business Unit / Product Segments

Major Customers (% of Revenue)

No major-customer concentration data found.

Operational KPIs

Reward Zone members (active_buyers)

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In-Home Advisors (advisors)

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Reward Zone Members (customers)

CO2 emissions reduction (emissions_co2)

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Net Promoter Score change (engagement)

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Solar field capacity (generation_capacity)

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Solar field generation (generation_volume)

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Total Employees (headcount)

Inventory turns (inventory_units)

Acquisition revenue contribution (other)

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Adjusted debt to EBITDAR (other)

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Adjusted debt to EBITDAR ratio (other)

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Adjusted debt-to-capitalization ratio (other)

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Advertising spend (other)

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Annual customer visits (other)

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Annualized cost reductions (other)

Appliances recycled (other)

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Auction rate securities at fair value (other)

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Average inventories per store change (other)

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Average inventory per store (other)

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Average revenue per store (other)

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Average revenues per store (other)

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Average staff per store (other)

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Average store size (other)

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Average training hours (other)

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Branded card penetration (other)

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Branded card revenue share (other)

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Capital expenditures (other)

Capital spending (other)

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Cash and cash equivalents (other)

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Cash and short-term investments (other)

No 10-K data

China purchases share of COGS (other)

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China-sourced products (other)

No 10-K data

Common shares outstanding (other)

Comparable Online Sales Growth (other)

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Comparable online sales growth (other)

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Concept III format stores (other)

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Concept III stores (other)

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Consumer electronics recycled (other)

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Cost reduction savings (other)

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Cost reductions (other)

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Cost reductions achieved (other)

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Cost savings achieved (other)

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Cost savings realized (other)

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Cumulative cost reductions (other)

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Current ratio (other)

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Customer centricity stores (other)

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Customer visits (other)

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Customer visits per day (other)

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DVD hardware market share (other)

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DVD market share (other)

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DVD software market share (other)

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Daily customer visits (other)

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Debt to net earnings ratio (other)

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Debt-to-capitalization ratio (other)

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Digital product revenue mix (other)

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Digital product sales mix (other)

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Digital products sales mix (other)

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Digital products share of sales (other)

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Digital sales penetration (other)

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Direct imports (other)

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Distribution center space (other)

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Distribution center square footage (other)

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Distribution centers (other)

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Distribution space (other)

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Domestic market share gain (other)

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Domestic online revenue % (other)

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ENERGY STAR products sold (other)

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Economic Value Added (other)

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Effective income tax rate (other)

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Electronics recycled (other)

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Extended service plan pretax profit (other)

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Extended service plan sales (other)

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Geek Squad agents (other)

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Geek Squad markets (other)

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Gross profit margin (other)

Gross profit percentage (other)

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Gross profit rate (other)

ISP subscriptions (other)

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In-Home Advisors (other)

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In-home advisors (other)

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In-home consultations (other)

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In-store pickup share (other)

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International revenue growth (other)

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International revenue growth (constant currency) (other)

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Inventory turns (other)

Investment in property held for sale (other)

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Long-term debt-to-capitalization (other)

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Magnolia Home Theater rooms (other)

Market share gain (other)

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Metro markets served (other)

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Metropolitan markets served (other)

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Mobile shop-in-shop locations (other)

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Net investment in inventory (other)

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New stores opened (other)

Newspaper inserts (other)

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Number of Reportable Segments (other)

Online Revenue Growth (other)

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Online Revenue Mix (other)

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Online Revenue Penetration (other)

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Online Revenue Percentage (other)

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Online revenue (other)

Online revenue growth (other)

Online revenue mix (other)

Online revenue penetration (other)

Online revenue percentage (other)

Online revenue share (other)

Online sales growth (other)

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Operating income percentage (other)

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Operating income rate (other)

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Operating margin (other)

PSP sales as % of total sales (other)

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PSP sales share (other)

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Pacific Kitchen & Home displays (other)

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Performance Service Plan sales penetration (other)

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Performance service plan sales (other)

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Performance service plan sales mix (other)

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Performance service plans revenue (other)

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Personal computer inventory turns (other)

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Products offered (other)

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Promotional financing sales mix (other)

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Property held for sale (other)

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Receivables (other)

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Renew Blue cost reductions (other)

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Retail sales mix (other)

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Retail store sales mix (other)

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Revenue growth (other)

Revenue mix (other)

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Revenue mix by category (other)

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Revenue mix by product category (other)

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Revenue mix share (other)

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Revenue per store (other)

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Revolving credit facility capacity (other)

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SG&A expense rate (other)

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SG&A expense ratio (other)

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SG&A expenses as % of sales (other)

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SG&A percentage (other)

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SG&A rate (other)

Sales mix (other)

Sales mix by category (other)

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Sales mix by product category (other)

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Segmented stores (other)

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Service plan penetration (other)

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Shares outstanding (other)

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Shares repurchased (other)

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Ship-from-store locations (other)

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Ship-from-store stores (other)

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States with stores (other)

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Stock repurchases (other)

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Store employee turnover reduction (other)

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Store-within-a-store count (other)

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Stores acquired (other)

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Stores closed (other)

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Stores opened (other)

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Stores remodeled or relocated (other)

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Stores-within-a-store opened (other)

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Supplier concentration (other)

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Teen Tech Centers (other)

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Training hours per employee (other)

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U.S. and Mexico-sourced products (other)

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Vendor shops (other)

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Virtual reality departments (other)

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Warranty revenue share (other)

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Weekly newspaper inserts (other)

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Working capital (other)

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us-gaap:NumberOfReportableSegments (other)

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Distribution Centers (properties)

Domestic online revenue (revenue)

No 10-Q data

Revenue, Remaining Performance Obligation, Amount (rpo)

Comparable Sales Growth (same_store_sales)

Total retail square footage (square_footage)

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Number of stores (stores)

ISP subscriptions (subscribers)

Entertainment software titles (titles)

Customer Visits (transactions)

No 10-Q data

ENERGY STAR products sold (units_shipped)

No 10-Q data

Reward Zone members (users)

No 10-Q data

Appliances recycled (waste_generated)

No 10-Q data
Human capital disclosures. Workforce totals and demographics are point-in-time. Flow metrics use the year-to-date period for 10-Q and full year for 10-K. Workforce actions (RIFs, restructurings, acquisition-related changes) are listed in the table at the bottom.

Workforce Totals

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Demographics

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Workforce Breakdowns

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No 10-Q data

HCM Metrics — Point-in-Time

No point-in-time HCM metrics found.

HCM Metrics — Flow (Annual / YTD)

No 10-Q data

Workforce Actions

Period EndTypeStatusAffected% WorkforceAnnouncedExpected CompletionGeographySegment / FunctionChargeSourceNote
2026-08-01restructuringin_progressDomestic (United States)Domestic segmentUSD -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.
2026-08-01restructuringin_progressInternational (Canada)International segmentUSD 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.
2026-08-01restructuringcompletedBest Buy Health and global sourcingUSD -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.
2026-08-01restructuringin_progressDomestic (United States)Domestic segmentUSD -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.
2026-08-01restructuringin_progress2026-02-01DomesticLabor and Store OptimizationUSD -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.
2026-08-01restructuringin_progress2026-02-01DomesticLabor and Store OptimizationUSD -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.
2026-08-01restructuringcompleted2026-02-01GlobalBest Buy Health Optimization and China SourcingUSD -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.
2026-08-01restructuringcompleted2026-02-01GlobalBest Buy Health Optimization and China SourcingUSD -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.
2026-08-01restructuringin_progress2025-02-01DomesticFiscal 2024 Restructuring InitiativeUSD -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.
2026-08-01restructuringin_progress2025-02-01DomesticFiscal 2024 Restructuring InitiativeUSD -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.
2026-08-01restructuringin_progressUSD -6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-05-02restructuringin_progress2025-05-01Domestic (U.S.) and International (Canada)Field labor, select non-traditional store locations, corporate resourcesUSD -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.
2026-05-02restructuringcompleted2026-02-012026-04-30Domestic (U.S.)Best Buy Health; China sourcingUSD -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.
2026-05-02restructuringin_progress2023-11-01Domestic (U.S.)Field labor and corporate resourcesUSD 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.
2026-05-02plant_closurein_progressDomestic (U.S.) and CanadaStore 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.
2026-05-02restructuringin_progress2026-04-01DomesticField resources, corporate resources, non-traditional store locationsUSD -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.
2026-05-02restructuringcompleted2026-02-01DomesticBest Buy HealthUSD -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.
2026-05-02plant_closurein_progressDomesticYardbirdMD&A
f5-10q / Qwen3.6-27B-Q8_0
Yardbird store count decreased from 21 to 2. Specific workforce impact not quantified in this filing.
2026-05-02restructuringin_progressUSD -9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-01-31restructuringin_progressUnited States (Domestic segment)Retail field operations, store closures, and corporate functionsUSD 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.
2026-01-31restructuringin_progressCanada (International segment)Retail field operations and store closuresUSD 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.
2026-01-31restructuringin_progressUnited 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.
2026-01-31restructuringin_progressUnited 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.
2026-01-31restructuringin_progressCanada (International segment)Enterprise-wideUSD -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.
2026-01-31restructuringin_progressUnited StatesDomesticUSD 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.
2026-01-31restructuringin_progressCanadaInternationalUSD 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.
2026-01-31restructuringcompletedUnited StatesDomestic — Best Buy HealthUSD 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.
2026-01-31restructuringin_progress2026-04-01United States and CanadaDomestic and InternationalUSD 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.
2026-01-31restructuringcompleted2026-01-01United StatesBest Buy HealthUSD 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.
2026-01-31restructuringcompleted2024-10-01GlobalEnterprise-wideUSD -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.
2026-01-31restructuringin_progress2025-07-01United States and CanadaDomestic and InternationalUSD 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.
2026-01-31restructuringcompleted2025-04-01United StatesBest Buy HealthUSD 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.
2026-01-31restructuringin_progress2024-10-01United States and CanadaEnterprise-wideUSD -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.
2026-01-31restructuringin_progressUSD 190,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2026-01-31restructuringin_progressFiscal 2026 Labor & Store Optimization [Member] / Domestic Segment [Member]USD 78,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2026-01-31restructuringin_progressFiscal 2026 Labor & Store Optimization [Member] / International Segment [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2026-01-31restructuringin_progressFiscal 2026 Labor & Store Optimization [Member]USD 81,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2026-01-31restructuringin_progressEmployee Severance [Member] / Best Buy Health Optimization And China Sourcing Initiative [Member]USD 38,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2026-01-31restructuringin_progressAsset 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
2026-01-31restructuringin_progressBest Buy Health Optimization And China Sourcing Initiative [Member]USD 66,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-11-01restructuringin_progressUnited StatesDomestic — field labor and store footprintUSD 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.
2025-11-01restructuringin_progressUnited StatesDomestic — Best Buy Health; China sourcingUSD 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.
2025-11-01divestiture_reductioncompletedUnited StatesDomestic — Best Buy HealthUSD 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.
2025-11-01restructuringin_progress2025-05-01DomesticField resources, corporate resourcesUSD 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.
2025-11-01restructuringin_progress2025-02-01DomesticBest Buy Health, SourcingUSD 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.
2025-11-01restructuringin_progress2024-11-01Enterprise-wideField labor, corporate resourcesUSD -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.
2025-11-01restructuringin_progressUSD -5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-11-01restructuringin_progressFiscal 2026 Labor & Store Optimization [Member] / Domestic Segment [Member]USD 78,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-11-01restructuringin_progressFiscal 2026 Labor & Store Optimization [Member] / International Segment [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-11-01restructuringin_progressFiscal 2026 Labor & Store Optimization [Member]USD 81,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-11-01restructuringin_progressEmployee Severance [Member] / Best Buy Health Optimization And China Sourcing Initiative [Member]USD 38,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-11-01restructuringin_progressAsset 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
2025-11-01restructuringin_progressBest Buy Health Optimization And China Sourcing Initiative [Member]USD 66,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-08-02restructuringin_progressDomestic (United States)DomesticUSD 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.
2025-08-02restructuringin_progressInternationalInternationalUSD 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.
2025-08-02restructuringin_progressDomestic (United States)Domestic — Best Buy HealthUSD 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.
2025-08-02plant_closureannounced2026-01-31Domestic (United States)Domestic — retail storesMD&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.
2025-08-02restructuringin_progress2025-05-04Domestic and InternationalField resources, corporate resources, non-traditional store locationsUSD 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.
2025-08-02restructuringcompleted2025-02-02DomesticBest Buy HealthUSD 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.
2025-08-02restructuringin_progress2024-11-02Domestic and InternationalEnterprise-wideUSD -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.
2025-08-02restructuringin_progressUSD 114,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-08-02restructuringin_progressEmployee Severance [Member] / Best Buy Health Optimization And China Sourcing Initiative [Member]USD 38,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-08-02restructuringin_progressAsset 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
2025-08-02restructuringin_progressBest Buy Health Optimization And China Sourcing Initiative [Member]USD 66,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-05-03restructuringin_progress2026-01-31United StatesDomestic segment — Best Buy Health business; China sourcing/supply chainUSD 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.
2025-05-03restructuringcompleted2023-12-01United States; CanadaEnterprise-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).
2025-05-03restructuringin_progress2025-02-02DomesticBest Buy HealthUSD 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.
2025-05-03restructuringin_progress2024-11-02DomesticEnterprise-wideUSD -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.
2025-05-03restructuringin_progressUSD 109,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-02-01restructuringcompletedUnited StatesDomestic segment — enterprise-wide field labor and corporate functionsUSD 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.
2025-02-01restructuringcompletedCanadaInternational segmentUSD 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.
2025-02-01restructuringcompletedUnited StatesDomestic segmentUSD -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.
2025-02-01plant_closureannounced2025-03-19United StatesDomestic segment — Best Buy storesMD&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.
2025-02-01restructuringin_progressUnited States and CanadaDomestic and International segments — enterprise-wideUSD 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
2025-02-01restructuringcompletedUnited States and CanadaDomestic and International segments — enterprise-wideUSD -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
2025-02-01restructuringcompleted2024-10-01GlobalEnterprise-wideUSD -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.
2025-02-01restructuringcompleted2023-05-01GlobalEnterprise-wideUSD -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.
2025-02-01restructuringin_progress2024-11-02GlobalEnterprise-wideUSD -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.
2025-02-01restructuringcompleted2023-08-05GlobalEnterprise-wideUSD -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.
2025-02-01restructuringin_progressUSD -3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-11-02restructuringin_progressUnited StatesDomesticUSD 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.
2024-11-02restructuringin_progressInternational (Canada)InternationalUSD 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.
2024-11-02restructuringcompletedUnited StatesDomesticUSD 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.
2024-11-02restructuringcompletedInternational (Canada)InternationalUSD 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.
2024-11-02plant_closureannouncedUnited StatesDomesticMD&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.
2024-11-02restructuringin_progress2024-02-03DomesticEnterprise-wideUSD -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.
2024-11-02restructuringin_progress2024-02-03InternationalEnterprise-wideUSD 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.
2024-11-02restructuringcompleted2023-05-06DomesticEnterprise-wideUSD 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.
2024-11-02restructuringcompleted2023-05-06InternationalEnterprise-wideUSD 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.
2024-11-02restructuringin_progressUSD -4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-08-03restructuringin_progressDomestic (United States)DomesticUSD 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.
2024-08-03restructuringin_progressInternational (Canada)InternationalUSD 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.
2024-08-03restructuringcompletedDomestic (United States)DomesticUSD 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.
2024-08-03restructuringcompletedInternational (Canada)InternationalUSD 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.
2024-08-03plant_closureannouncedDomestic (United States)Domestic — Best Buy storesMD&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.
2024-08-03restructuringin_progress2024-01-27DomesticEnterprise-wideUSD -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.
2024-08-03restructuringin_progress2024-01-27InternationalEnterprise-wideUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Fiscal 2024 Restructuring Initiative. Q2 FY2025 international charge of $1M.
2024-08-03restructuringcompleted2023-04-29DomesticEnterprise-wideUSD -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.
2024-08-03restructuringin_progressUSD -7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-05-04restructuringin_progressUnited StatesDomesticUSD 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.
2024-05-04restructuringin_progressInternational (Canada)InternationalUSD 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.
2024-05-04plant_closureannouncedUnited StatesDomesticMD&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.
2024-05-04restructuringin_progress2024-02-03DomesticEnterprise-wideUSD 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.
2024-05-04restructuringin_progress2024-02-03InternationalEnterprise-wideUSD -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.
2024-05-04restructuringin_progress2023-05-06DomesticEnterprise-wideUSD -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.
2024-05-04restructuringin_progressUSD 15,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-05-04restructuringin_progress Employee Severance / Two Thosand Twenty Three Resource Optimization Initiative / Segment Continuing OperationsUSD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-02-03restructuringin_progressUnited States (Domestic segment)Enterprise-wide — field labor and corporate resourcesUSD 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.
2024-02-03restructuringin_progressCanada (International segment)Enterprise-wideUSD 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.
2024-02-03restructuringin_progressUnited States and CanadaEnterprise-wideUSD 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.
2024-02-03plant_closurecompletedUnited States (Domestic segment)Retail stores — Best Buy, Outlet Centers, YardbirdMD&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.
2024-02-03plant_closurecompletedCanada (International segment)Best Buy Mobile storesMD&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.
2024-02-03plant_closureannounced2024-03-15United States (Domestic segment)Best Buy storesMD&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.
2024-02-03restructuringin_progressUnited StatesDomestic segmentUSD 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.
2024-02-03restructuringin_progressCanadaInternational segmentUSD 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.
2024-02-03plant_closurecompletedUnited StatesDomestic segment — Best Buy large format storesMD&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).
2024-02-03divestiture_reductioncompletedMexicoInternational (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.
2024-02-03restructuringin_progress2023-10-292026-02-03United States and CanadaEnterprise-wideUSD 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.
2024-02-03restructuringcompleted2022-07-03United States and CanadaEnterprise-wideUSD -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.
2024-02-03restructuringin_progress2023-11-042026-02-01United States and CanadaEnterprise-wideUSD 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.
2024-02-03restructuringcompleted2022-08-062024-02-03United States and CanadaEnterprise-wideUSD -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.
2024-02-03restructuringin_progressUSD 153,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-02-03restructuringin_progress Domestic / Employee Severance / Two Thosand Twenty Four Resource Optimization Initiative / Segment Continuing OperationsUSD 163,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-02-03restructuringin_progress International / Employee Severance / Two Thosand Twenty Four Resource Optimization Initiative / Segment Continuing OperationsUSD 8,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-02-03restructuringin_progress Employee Severance / Two Thosand Twenty Four Resource Optimization InitiativeUSD 171,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-02-03restructuringin_progress Domestic / Employee Severance / Two Thosand Twenty Four Resource Optimization InitiativeUSD 163,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-02-03restructuringin_progress International / Employee Severance / Two Thosand Twenty Four Resource Optimization InitiativeUSD 8,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-10-28restructuringin_progress2022-05Domestic and InternationalEnterprise-wideUSD -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.
2023-10-28plant_closurein_progress2024-02-03United StatesDomestic segment — retail storesMD&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.
2023-10-28divestiture_reductioncompletedMexicoInternational — Mexico operationsother
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.
2023-10-28restructuringin_progress2023-04-01DomesticEnterprise-wideUSD -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.
2023-10-28restructuringin_progress2023-04-01InternationalEnterprise-wideUSD -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.
2023-10-28plant_closurecompletedUnited StatesDomesticMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closed 6 Best Buy stores, 1 Outlet Center, and 1 Yardbird store during the quarter.
2023-10-28restructuringin_progressUSD -16,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-10-28restructuringin_progress Domestic / Employee Severance / Resource Optimization InitiativeUSD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-10-28restructuringin_progress International / Employee Severance / Resource Optimization InitiativeUSD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-10-28restructuringin_progress Employee Severance / Resource Optimization InitiativeUSD -16,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-07-29restructuringin_progressDomestic (United States)Domestic segment — enterprise-wide resource optimizationUSD 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.
2023-07-29restructuringin_progressInternational (Canada)International segment — enterprise-wide resource optimizationUSD 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.
2023-07-29plant_closurecompletedUnited StatesDomestic segment — retail storesMD&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.
2023-07-29divestiture_reductioncompletedMexicoMexico 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.
2023-07-29restructuringin_progress2023-04-01DomesticEnterprise-wideUSD -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.
2023-07-29restructuringin_progress2023-04-01InternationalEnterprise-wideUSD 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.
2023-07-29restructuringin_progressUSD -7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-07-29restructuringin_progress Domestic / Employee Severance / Resource Optimization InitiativeUSD -7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-07-29restructuringin_progress International / Employee Severance / Resource Optimization InitiativeUSD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-07-29restructuringin_progress Employee Severance / Resource Optimization InitiativeUSD -7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-04-29restructuringin_progressUnited StatesDomesticUSD 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.
2023-04-29restructuringin_progressCanadaInternationalUSD 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.
2023-04-29plant_closurecompletedUnited StatesDomesticMD&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.
2023-04-29plant_closurecompletedCanadaInternationalMD&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.
2023-04-29restructuringin_progress2022-07-01DomesticDomestic SegmentUSD -8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reduction to employee termination benefits primarily related to higher-than-expected employee retention.
2023-04-29restructuringin_progress2022-07-01InternationalInternational SegmentUSD -1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reduction to employee termination benefits primarily related to higher-than-expected employee retention.
2023-04-29plant_closurecompletedUnited StatesDomestic SegmentMD&A
f5-10q / Qwen3.6-27B-Q8_0
17 Best Buy stores closed during the quarter.
2023-04-29plant_closurecompletedCanadaInternational SegmentMD&A
f5-10q / Qwen3.6-27B-Q8_0
1 Best Buy Mobile store closed during the quarter.
2023-04-29restructuringin_progressUSD -9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-04-29restructuringin_progress Employee Severance / Resource Optimization InitiativeUSD 136,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-04-29restructuringin_progress Domestic / Employee Severance / Resource Optimization InitiativeUSD 132,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-04-29restructuringin_progress International / Employee Severance / Resource Optimization InitiativeUSD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-01-28restructuringin_progressUnited StatesDomestic 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.
2023-01-28restructuringin_progressCanadaInternational 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).
2023-01-28restructuringcompletedMexicoInternational segment — Mexico exit and strategic realignmentUSD 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.
2023-01-28plant_closurecompletedUnited StatesDomestic — Best Buy stores and Pacific SalesMD&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.
2023-01-28plant_closureannounced2023-03-17United StatesDomestic — Best Buy stores and Outlet CentersMD&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.
2023-01-28restructuringin_progressUnited StatesDomesticUSD 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.
2023-01-28restructuringin_progressCanadaInternationalUSD 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.
2023-01-28restructuringcompletedUSD 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.
2023-01-28plant_closurecompletedUnited StatesDomesticMD&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.
2023-01-28plant_closureannouncedUnited StatesDomesticMD&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.
2023-01-28restructuringin_progress2023-04-01Enterprise-wideDomestic and InternationalUSD 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.
2023-01-28restructuringin_progress2022-07-02United StatesDomesticUSD 140 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Fiscal 2023 Resource Optimization Initiative; employee termination benefits. Headcount not disclosed.
2023-01-28restructuringin_progress2022-07-02CanadaInternationalUSD 5 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Fiscal 2023 Resource Optimization Initiative; employee termination benefits. Headcount not disclosed.
2023-01-28restructuringcompleted2021-07-03United StatesDomesticUSD 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.
2023-01-28restructuringin_progressUSD 147,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-01-28restructuringin_progress Domestic / Resource Optimization InitiativeUSD 140,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-01-28restructuringin_progress International / Resource Optimization InitiativeUSD 5,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-10-29restructuringin_progress2023-01-28United StatesDomesticUSD 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'.
2022-10-29restructuringcompletedMexico / InternationalInternationalUSD 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.
2022-10-29plant_closurecompletedUnited StatesDomesticMD&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.
2022-10-29restructuringin_progress2022-07-012023-01-28DomesticEnterprise-wideUSD 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.
2022-10-29restructuringin_progress2021-07-01Domestic and InternationalDomestic and InternationalUSD 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.
2022-10-29restructuringin_progressUSD 26,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-10-29restructuringin_progress Minimum / Domestic / Resource Optimization InitiativeUSD 15,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-10-29restructuringin_progress Maximum / Domestic / Resource Optimization InitiativeUSD 30,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-07-30restructuringin_progress2023-01-28United StatesDomesticUSD 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).
2022-07-30plant_closureannounced2023-01-28United StatesDomesticMD&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).
2022-07-30restructuringin_progress2022-04-302023-01-28United StatesDomesticUSD 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.
2022-07-30restructuringcompleted2021-07-312022-07-30MexicoInternationalUSD 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.
2022-07-30restructuringin_progressUSD 34,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-07-30restructuringin_progress Employee Severance / Resource Optimization InitiativeUSD 34,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-07-30restructuringin_progress Minimum / Domestic / Resource Optimization InitiativeUSD 40,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-07-30restructuringin_progress Maximum / Domestic / Resource Optimization InitiativeUSD 65,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-07-30restructuringin_progress Resource Optimization Initiative / Segment Continuing OperationsUSD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-07-30restructuringin_progress Employee Severance / Resource Optimization Initiative / Segment Continuing OperationsUSD 33,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-04-30plant_closurecompletedUnited StatesDomesticMD&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.
2022-04-30restructuringcompleted2021-07-012022-04-30MexicoInternationalUSD 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.
2022-04-30restructuringin_progress2021-07-01United StatesDomesticUSD 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.
2022-04-30restructuringin_progressUSD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-04-30restructuringin_progress Employee Severance / Mexico Exit And Corporate ReorganizationUSD 44,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-01-29restructuringcompleted2020-11-242021-05-01Mexico; United StatesInternational (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.
2022-01-29restructuringin_progressUnited StatesDomesticUSD 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.
2022-01-29restructuringcompleted2020-11-242021-04-24MexicoInternationalUSD 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.
2022-01-29plant_closurecompletedUnited StatesDomesticMD&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.
2022-01-29plant_closurecompletedCanadaInternationalMD&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.
2022-01-29acquisition_additioncompleted2021-11-02United KingdomDomestic — Best Buy Health / Servicesbusiness_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.
2022-01-29acquisition_additioncompleted2021-11-04United StatesDomestic — Otherbusiness_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.
2022-01-29restructuringcompleted2021-07-31United StatesDomesticUSD -39 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Credit related to subsequent adjustments to termination benefits from organizational changes.
2022-01-29restructuringcompleted2021-07-31MexicoInternationalUSD 5 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Charges related to exit from Mexico operations.
2022-01-29plant_closurecompleted2021-07-312022-04-30MexicoInternationalItem_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.
2022-01-29restructuringcompleted2021-09-012022-01-29United StatesDomesticUSD -40 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Strategic realignment and organizational structure changes. Charge represents subsequent adjustments to termination benefits.
2022-01-29restructuringcompleted2021-09-012022-01-29MexicoInternationalUSD -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.
2022-01-29plant_closurecompleted2021-09-012022-01-29MexicoInternationalItem_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.
2022-01-29restructuringin_progressUSD -34,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-10-30plant_closurecompleted2020-11-242021-05-01MexicoInternational segment — Mexico retail operationsrestructuring_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).
2021-10-30restructuringin_progressUnited StatesDomestic segment — corporate organizational structureUSD -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.
2021-10-30plant_closurecompleted2021-10-30United StatesDomestic segment — retail storesMD&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.
2021-10-30acquisition_additionannounced2021-10-102021-11-02Current Health Ltd. — care-at-home technology platformUSD 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.
2021-10-30acquisition_additionannounced2021-10-182021-11-04Two Peaks, LLC d/b/a Yardbird Furniture — outdoor furnitureUSD 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.
2021-10-30restructuringin_progress2021-08-01DomesticCorporate / Organizational StructureUSD -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.
2021-10-30restructuringcompleted2021-08-012022-04-30MexicoInternationalUSD -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.
2021-10-30acquisition_additioncompleted2021-10-102021-11-02United StatesHealthcare / TechnologyUSD 400 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Current Health Ltd. completed Nov 2, 2021. Headcount not disclosed.
2021-10-30acquisition_additioncompleted2021-10-182021-11-04United StatesRetail / FurnitureUSD 85 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Yardbird Furniture completed Nov 4, 2021. Headcount not disclosed.
2021-10-30restructuringin_progressUSD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-10-30restructuringin_progress Employee Severance / Mexico Exit And Corporate ReorganizationUSD 44,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-07-31plant_closurecompleted2020-11-242021-05-01MexicoInternationalUSD 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.
2021-07-31restructuringin_progress2020-11-24United StatesDomesticUSD -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.
2021-07-31restructuringin_progress2021-03-01DomesticDomestic SegmentUSD -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.
2021-07-31restructuringin_progress2021-03-01InternationalInternational SegmentUSD 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.
2021-07-31restructuringin_progressUSD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-07-31restructuringin_progress Employee Severance / Mexico Exit And Corporate ReorganizationUSD 44,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-05-01plant_closurecompleted2020-11-242021-05-01MexicoInternationalUSD -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.
2021-05-01restructuringin_progressUnited StatesDomesticUSD -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.
2021-05-01restructuringin_progress2020-11-24MexicoInternationalUSD -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.
2021-05-01restructuringin_progress2020-11-24United StatesDomesticUSD -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.
2021-05-01restructuringin_progressUSD -42,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-05-01restructuringin_progress Employee Severance / Mexico Exit And Corporate ReorganizationUSD 44,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-01-30restructuringcompleted2020-11-24United StatesDomestic segment — corporate and field organizational realignmentUSD 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.
2021-01-30restructuringcompleted2020-11-24MexicoInternational segment — Mexico operations exitUSD 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.
2021-01-30restructuringcompleted2020-11-24MexicoInternationalUSD 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.
2021-01-30restructuringin_progressUnited StatesDomesticUSD 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.
2021-01-30plant_closurecompletedUnited StatesDomesticMD&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.
2021-01-30plant_closurecompletedCanadaInternationalMD&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.
2021-01-30restructuringcompleted2020-11-242021-01-30MexicoInternationalUSD 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).
2021-01-30restructuringcompleted2020-08-012021-01-30United StatesDomesticUSD 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.
2021-01-30restructuringcompleted2020-11-242021-01-30MexicoInternationalUSD 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.
2021-01-30restructuringcompleted2020-11-242021-01-30United StatesDomesticUSD 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.
2021-01-30restructuringin_progressUSD 254,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-01-30restructuringin_progress Employee Severance / Mexico Exit And Corporate ReorganizationUSD 87,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-10-31restructuringin_progressMexicoInternationalUSD 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.
2020-10-31restructuringin_progressUnited StatesDomestic (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.
2020-10-31plant_closurein_progressUnited StatesDomesticMD&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.
2020-10-31plant_closurein_progressCanada and MexicoInternationalMD&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.
2020-10-31restructuringin_progress2020-10-312021-02-01MexicoInternationalUSD 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.
2020-10-31restructuringin_progress2020-10-31United StatesDomesticUSD 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.
2020-10-31restructuringin_progressUSD 111,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-10-31restructuringin_progress Mexico Exit And Corporate Reorganization / Segment Continuing OperationsUSD 148,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-10-31restructuringin_progress U.s. Operating Model / Segment Continuing OperationsUSD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-10-31restructuringin_progress Segment Continuing OperationsUSD 147,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-10-31restructuringin_progress International / Cost Of Sales / Inventory Markdowns / Mexico Exit And Corporate ReorganizationUSD 36,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-10-31restructuringin_progress Cost Of Sales / Inventory Markdowns / Mexico Exit And Corporate ReorganizationUSD 36,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-10-31restructuringin_progress Domestic / Restructuring Charges / Asset Impairments / Mexico Exit And Corporate ReorganizationUSD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-10-31restructuringin_progress International / Restructuring Charges / Asset Impairments / Mexico Exit And Corporate ReorganizationUSD 48,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-10-31restructuringin_progress Restructuring Charges / Asset Impairments / Mexico Exit And Corporate ReorganizationUSD 58,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-10-31restructuringin_progress Domestic / Restructuring Charges / Employee Severance / Mexico Exit And Corporate ReorganizationUSD 36,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-10-31restructuringin_progress International / Restructuring Charges / Employee Severance / Mexico Exit And Corporate ReorganizationUSD 18,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-10-31restructuringin_progress Restructuring Charges / Employee Severance / Mexico Exit And Corporate ReorganizationUSD 54,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-10-31restructuringin_progress Domestic / Mexico Exit And Corporate ReorganizationUSD 46,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-10-31restructuringin_progress International / Mexico Exit And Corporate ReorganizationUSD 102,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-10-31restructuringin_progress Mexico Exit And Corporate ReorganizationUSD 148,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-08-01restructuringin_progressUnited StatesDomestic segment — U.S. retail operating model changesUSD 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.
2020-08-01plant_closurecompletedUnited StatesDomestic segment — Best Buy storesMD&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.
2020-08-01plant_closurecompletedCanadaInternational segment — Best Buy MobileMD&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.
2020-08-01plant_closurecompletedMexicoInternational segment — Best Buy storesMD&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.
2020-08-01othercompleted2020-08-02United StatesStore OperationsRisk 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.
2020-08-01restructuringcompletedUnited StatesDomesticUSD 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.
2020-08-01restructuringin_progressUSD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-05-02layoffcompleted51,0002020-04-192020-04-19United StatesDomestic segment — hourly store employees, including nearly all part-time employeesMD&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.
2020-05-02otherin_progressUnited StatesCorporate and executive workforceMD&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.
2020-05-02otherin_progressUnited StatesDomestic segment — full-time store and field employeesMD&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.
2020-05-02restructuringin_progressUnited StatesU.S. retail operating model changesUSD 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.
2020-05-02layoffcompleted51,0002020-04-19United StatesDomestic hourly store employeesMD&A
f5-10q / Qwen3.6-27B-Q8_0
Furloughed approximately 51,000 Domestic hourly store employees, including nearly all part-time employees.
2020-05-02othercompleted2020-03-22United StatesField employeesMD&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.
2020-05-02othercompleted2020-03-22United StatesCorporate employeesMD&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.
2020-05-02othercompleted2020-03-22United StatesExecutive LeadershipMD&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.
2020-05-02restructuringin_progressUSD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-02-01restructuringcompletedUnited StatesDomestic segment — U.S. retail operationsUSD 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.
2020-02-01restructuringin_progressUnited StatesDomesticUSD 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.
2020-02-01plant_closurecompletedUnited StatesDomesticMD&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.
2020-02-01plant_closurecompletedCanadaInternationalMD&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.
2020-02-01acquisition_additioncompleted2019-05-092019-05-09United StatesDomestic — Best Buy Healthbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Health services company acquired for $125M net cash consideration; acquired headcount not disclosed.
2020-02-01acquisition_additioncompleted2019-08-072019-08-07United StatesDomesticbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Predictive healthcare technology business acquired for $20M net cash consideration; acquired headcount not disclosed.
2020-02-01layoffannounced2020-03-22United StatesDomestic — retail field operationssubsequent_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.
2020-02-01restructuringcompleted2019-05-05United StatesRetail Operating ModelUSD 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.
2020-02-01restructuringcompleted2019-08-03United StatesDomesticUSD 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.
2020-02-01plant_closurecompleted2018-03-01United StatesDomesticrestructuring_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.
2020-02-01restructuringin_progressUSD 41,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-02-01restructuringin_progress U.s. Operating ModelUSD 41,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-11-02restructuringin_progressUnited StatesDomestic segment — U.S. retail operating modelUSD 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.
2019-11-02plant_closurecompletedUnited StatesDomestic segment — Best Buy storesMD&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.
2019-11-02plant_closurecompletedCanadaInternational segment — Best Buy storesMD&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.
2019-11-02acquisition_additioncompleted2019-08-07United StatesDomestic segmentbusiness_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.
2019-11-02restructuringin_progress2019-05-01United StatesRetail OperationsUSD 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.
2019-11-02plant_closurecompleted2018-03-01United StatesBest Buy MobileUSD 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.
2019-11-02restructuringin_progressUSD -7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-08-03restructuringin_progressUnited StatesDomestic — U.S. retail operating modelUSD 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.
2019-08-03acquisition_additioncompleted2019-05-092019-05-09United StatesDomestic — 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.
2019-08-03acquisition_additionannounced2019-07-232019-08-07United StatesHealth and wellness / predictive healthcare technologysubsequent_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.
2019-08-03restructuringin_progress2019-05-05United StatesRetail OperationsUSD 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.
2019-08-03acquisition_additioncompleted2019-05-09United StatesGreatCallUSD 125 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Critical Signal Technologies, Inc. (CST). Headcount added not explicitly disclosed.
2019-08-03restructuringin_progressUSD 48,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-08-03restructuringin_progress U.s. Operating ModelUSD 48,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-08-03restructuringin_progress Employee SeveranceUSD 48,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-08-03restructuringin_progress Special Termination BenefitsUSD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-05-04acquisition_additioncompleted2019-04-112019-05-09United StatesDomestic segment — GreatCall operating segmentsubsequent_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.
2019-05-04plant_closurecompletedUnited StatesDomestic segment — Best Buy storesMD&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.
2019-05-04plant_closurecompletedCanadaInternational segment — Best Buy MobileMD&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.
2019-05-04plant_closurecompleted2018-03-01United StatesDomesticUSD 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.
2019-05-04acquisition_additioncompleted2019-04-112019-05-09United StatesDomesticUSD 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.
2019-05-04restructuringin_progressRestructuring Program Best Buy Mobile [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-02-02plant_closurecompleted2018-03-012018-08-04United StatesDomesticUSD 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.
2019-02-02acquisition_additioncompleted2018-10-01United StatesDomestic (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.
2019-02-02plant_closurecompleted2018-03-012018-08-04United StatesDomestic segment — Best Buy Mobile stand-alone storesUSD 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.
2019-02-02acquisition_additioncompleted2018-10-012018-10-01United StatesDomestic 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.
2019-02-02restructuringin_progress2016-01-01CanadaInternational 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.
2019-02-02restructuringcompleted2018-03-012019-05-04United StatesDomesticUSD 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.
2019-02-02restructuringcompletedCanadaInternationalUSD -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.
2019-02-02restructuringcompleted2018-03-012019-05-04United StatesDomesticUSD 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.
2019-02-02restructuringin_progress2016-02-06CanadaInternationalUSD -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.
2019-02-02restructuringin_progress2013-11-02CanadaInternationalUSD 0 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Adjustments to vacant space liabilities. Employee count not disclosed.
2019-02-02acquisition_additioncompleted2018-10-012018-10-01United StatesDomesticbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of GreatCall, Inc. Employee count not disclosed in filing.
2019-02-02restructuringin_progressUSD 1,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-02-02restructuringin_progressProperty and equipment write-downs [Member] / Restructuring Program Best Buy Mobile [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-02-02restructuringin_progressEmployee Severance [Member] / Restructuring Program Best Buy Mobile [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-02-02restructuringin_progressFacility Closing [Member] / Restructuring Program Best Buy Mobile [Member]USD 49,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-02-02restructuringin_progressFacility Closing [Member] / Restructuring Program Canadian Brand Consolidation [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-02-02restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-02-02restructuringin_progressRestructuring Program Best Buy Mobile [Member]USD 47,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-02-02restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-02-02restructuringin_progressRestructuring Program Renew Blue Phase 2 [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-02-02restructuringin_progressOther Restructuring [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-11-03plant_closurecompleted2018-03-012018-08-04United StatesDomestic — Best Buy Mobile stand-alone storesUSD 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.
2018-11-03acquisition_additioncompleted2018-10-012018-10-01United StatesDomestic — 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.
2018-11-03plant_closurecompleted2018-11-03United States and International (Canada, Mexico)Domestic and International segmentsMD&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.
2018-11-03restructuringcompleted2018-03-012019-05-04United StatesDomesticUSD 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.
2018-11-03acquisition_additioncompleted2018-10-01United StatesDomesticbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of GreatCall, Inc. Headcount not explicitly disclosed.
2018-11-03restructuringin_progressUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-11-03restructuringin_progressProperty and equipment write-downs [Member] / Restructuring Program Best Buy Mobile [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-11-03restructuringin_progressEmployee Severance [Member] / Restructuring Program Best Buy Mobile [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-11-03restructuringin_progressFacility Closing [Member] / Restructuring Program Best Buy Mobile [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-11-03restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-11-03restructuringin_progressRestructuring Program Best Buy Mobile [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-11-03restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-08-04plant_closurecompleted2018-03-012018-08-04United StatesDomestic — Best Buy Mobile stand-alone storesUSD 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.
2018-08-04acquisition_additionannounced2018-08-152018-12-31United StatesConnected 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.
2018-08-04plant_closurecompleted2018-03-012018-08-04United StatesDomesticUSD 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.
2018-08-04restructuringin_progressUSD 17,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-08-04restructuringin_progressProperty and equipment write-downs [Member] / Restructuring Program Best Buy Mobile [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-08-04restructuringin_progressEmployee Severance [Member] / Restructuring Program Best Buy Mobile [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-08-04restructuringin_progressFacility Closing [Member] / Restructuring Program Best Buy Mobile [Member]USD 20,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-08-04restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-08-04restructuringin_progressRestructuring Program Best Buy Mobile [Member]USD 17,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-08-04restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-05-05plant_closurein_progress2018-03-01United StatesDomestic — Best Buy Mobile stand-alone storesUSD 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.
2018-05-05restructuringin_progress2018-03-01United StatesBest Buy MobileUSD 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.
2018-05-05restructuringin_progressProperty and equipment write-downs [Member] / Restructuring Program Best Buy Mobile [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-05-05restructuringin_progressEmployee Severance [Member] / Restructuring Program Best Buy Mobile [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-05-05restructuringin_progressFacility Closing [Member] / Restructuring Program Best Buy Mobile [Member]USD 29,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-05-05restructuringin_progressUSD 30,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-05-05restructuringin_progressRestructuring Program Best Buy Mobile [Member]USD 30,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-02-03plant_closureannounced2018-03-01United StatesDomestic 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.
2018-02-03restructuringcompletedPrimarily International segment (Canada); Domestic segment charges were $0 in fiscal 2018Residual termination benefits and vacant space liabilitiesUSD 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.
2018-02-03plant_closureannounced2018-03-012018-07-31United StatesDomestic segment — Best Buy Mobile stand-alone storesUSD 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.
2018-02-03plant_closurecompleted2018-02-03United States and CanadaDomestic and International segments — retail storesMD&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
2018-02-03restructuringin_progress2018-03-012019-08-03United StatesDomesticUSD 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.
2018-02-03restructuringcompleted2017-02-042018-02-03United StatesDomesticUSD 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.
2018-02-03restructuringcompleted2016-02-062018-02-03CanadaInternationalUSD -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.
2018-02-03restructuringin_progress2018-03-01United StatesDomesticUSD 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.
2018-02-03restructuringcompleted2017-02-04United StatesDomesticUSD 0 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
No restructuring charges incurred in fiscal 2018 related to Renew Blue Phase 2.
2018-02-03restructuringcompleted2016-02-06CanadaInternationalUSD -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.
2018-02-03restructuringin_progressUSD 10,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-02-03restructuringin_progressImpairment 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
2018-02-03restructuringin_progressInventory write-downs [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-02-03restructuringin_progressProperty and equipment write-downs [Member] / Restructuring Program Best Buy Mobile [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-02-03restructuringin_progressProperty and equipment write-downs [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-02-03restructuringin_progressEmployee Severance [Member] / Restructuring Program Best Buy Mobile [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-02-03restructuringin_progressEmployee Severance [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-02-03restructuringin_progressFacility Closing [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member]USD -2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-02-03restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain]USD 3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-02-03restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Domestic Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-02-03restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / International Segment [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-02-03restructuringin_progressRestructuring Program Best Buy Mobile [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-02-03restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member]USD -2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-02-03restructuringin_progressRestructuring Program Renew Blue Phase 2 [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-02-03restructuringin_progressOther Restructuring [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-10-28restructuringin_progress2015-01-30CanadaInternationalrestructuring_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.
2017-10-28plant_closurecompletedUnited StatesDomesticMD&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.
2017-10-28restructuringin_progressCanadaInternationalUSD -2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Canadian brand consolidation activity; charge represents facility closure and other costs adjustments.
2017-10-28restructuringcompletedUnited StatesDomesticUSD 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.
2017-10-28restructuringin_progressUSD -2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-10-28restructuringin_progressImpairment 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
2017-10-28restructuringin_progressInventory write-downs [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-10-28restructuringin_progressProperty and equipment write-downs [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-10-28restructuringin_progressProperty 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
2017-10-28restructuringin_progressEmployee Severance [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-10-28restructuringin_progressEmployee Severance [Member] / Restructuring Program Renew Blue Phase 2 [Member] / Domestic Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-10-28restructuringin_progressFacility Closing [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member]USD -2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-10-28restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-10-28restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member]USD -2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-10-28restructuringin_progressRestructuring Program Renew Blue Phase 2 [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-10-28restructuringin_progressOther Restructuring [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-07-29restructuringin_progressCanadaInternationalUSD -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
2017-07-29restructuringin_progressUnited StatesDomesticUSD 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
2017-07-29plant_closurecompletedUnited StatesDomestic — Best Buy MobileMD&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
2017-07-29restructuringin_progressCanadaInternationalUSD 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.
2017-07-29restructuringin_progressUnited StatesDomesticUSD 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.
2017-07-29restructuringin_progressUSD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-07-29restructuringin_progressImpairment 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
2017-07-29restructuringin_progressInventory write-downs [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-07-29restructuringin_progressProperty and equipment write-downs [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-07-29restructuringin_progressProperty 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
2017-07-29restructuringin_progressEmployee Severance [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-07-29restructuringin_progressEmployee Severance [Member] / Restructuring Program Renew Blue Phase 2 [Member] / Domestic Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-07-29restructuringin_progressFacility Closing [Member] / Restructuring Program Canadian Brand Consolidation [Member] / International Segment [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-07-29restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-07-29restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-07-29restructuringin_progressRestructuring Program Renew Blue Phase 2 [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-07-29restructuringin_progressOther Restructuring [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-04-29restructuringcompletedDomesticField and corporate teamsUSD 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.
2017-04-29plant_closurecompletedDomesticRetail StoresMD&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.
2017-04-29restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-04-29restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member and] [Domain] / International Segment [Member] / Continuing Operations [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-04-29restructuringin_progressRestructuring Program Renew Blue Phase 2 [Member] [Domain] / Continuing Operations [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-04-29restructuringin_progressOther Restructuring [Member] / Continuing Operations [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-04-29restructuringin_progressUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-01-28restructuringcompletedUnited StatesDomestic segment — field and corporate teamsUSD 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.
2017-01-28plant_closurecompleted2015-03CanadaInternational segmentUSD 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.
2017-01-28restructuringcompleted2012-11Primarily Canada (International segment)International segmentUSD 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.
2017-01-28plant_closurecompletedUnited StatesDomestic segment — 11 U.S. Best Buy large-format stores and 41 Best Buy Mobile stand-alone stores closedMD&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.
2017-01-28plant_closurecompletedCanada; MexicoInternational segment — 2 Canada Best Buy stores, 4 Canada Best Buy Mobile stores and 1 Mexico Express store closedMD&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.
2017-01-28restructuringcompletedUnited StatesDomesticUSD 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.
2017-01-28plant_closurecompleted2015-03-01CanadaInternationalUSD 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).
2017-01-28plant_closurecompletedUnited StatesDomesticMD&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.
2017-01-28plant_closurecompletedCanada; MexicoInternationalMD&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.
2017-01-28restructuringcompleted2017-02-01United StatesDomestic SegmentUSD 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.
2017-01-28restructuringcompleted2016-02-01CanadaInternational SegmentUSD 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.
2017-01-28restructuringcompleted2017-02-01United StatesDomestic SegmentUSD 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.
2017-01-28restructuringcompleted2017-02-01United StatesDomestic SegmentUSD 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.
2017-01-28restructuringcompleted2017-02-01United StatesDomesticUSD 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.
2017-01-28restructuringcompleted2016-02-01CanadaInternationalUSD 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.
2017-01-28restructuringin_progressUSD 39,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-01-28restructuringin_progressEmployee Severance [Member] / Restructuring Program Renew Blue Phase 2 [Member]USD 19,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-01-28restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-01-28restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] / Continuing Operations [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-01-28restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member] / Continuing Operations [Member]USD 200,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-01-28restructuringin_progressRestructuring Program Renew Blue Phase 2 [Member] / Continuing Operations [Member]USD 26,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-01-28restructuringin_progressOther Restructuring [Member] / Continuing Operations [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-01-28restructuringin_progressContinuing Operations [Member]USD 39,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-10-29restructuringin_progressUnited StatesDomesticUSD 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.
2016-10-29plant_closurecompletedUnited StatesDomesticMD&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.
2016-10-29plant_closurecompletedCanada, MexicoInternationalMD&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.
2016-10-29restructuringin_progress2016-02-01United StatesDomesticUSD 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.
2016-10-29restructuringin_progress2015-02-01CanadaInternationalUSD -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.
2016-10-29restructuringin_progressUSD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-10-29restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-10-29restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member] / Continuing Operations [Member]USD -2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-10-29restructuringin_progressRestructuring 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
2016-10-29restructuringin_progressRestructuring Program Renew Blue Phase 2 [Member] [Domain] / Continuing Operations [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-10-29restructuringin_progressOther Restructuring [Member] / Continuing Operations [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-10-29restructuringin_progressEmployee Severance [Member] / Restructuring Program Canadian Brand Consolidation [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-10-29restructuringin_progressEmployee Severance [Member] / Restructuring Program Renew Blue Phase 2 [Member]USD 19,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-10-29restructuringin_progressFacility Closing [Member] / Restructuring Program Canadian Brand Consolidation [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-10-29restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-07-30restructuringin_progressUnited StatesDomesticUSD 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.
2016-07-30restructuringin_progress2015-03-28CanadaInternationalUSD 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.
2016-07-30plant_closurecompletedUnited StatesDomesticMD&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.
2016-07-30plant_closurecompletedCanadaInternationalMD&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.
2016-07-30restructuringin_progressUnited StatesDomesticUSD 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.
2016-07-30restructuringin_progressCanadaInternationalUSD 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.
2016-07-30restructuringin_progressUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-07-30restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-07-30restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] / Continuing Operations [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-07-30restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member] / Continuing Operations [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-07-30restructuringin_progressRestructuring Program Renew Blue Phase 2 [Member] [Domain] / Continuing Operations [Member]USD -2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-07-30restructuringin_progressEmployee Severance [Member] / Restructuring Program Canadian Brand Consolidation [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-07-30restructuringin_progressEmployee Severance [Member] / Restructuring Program Renew Blue Phase 2 [Member]USD 19,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-07-30restructuringin_progressFacility Closing [Member] / Restructuring Program Canadian Brand Consolidation [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-07-30restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-07-30restructuringin_progressOther Restructuring [Member] / Continuing Operations [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-04-30restructuringin_progressUnited StatesDomesticUSD 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.
2016-04-30plant_closurecompletedUnited StatesDomesticMD&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.
2016-04-30plant_closurecompletedCanadaInternationalMD&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.
2016-04-30restructuringin_progressDomesticField and corporate teamsUSD 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.
2016-04-30restructuringin_progressInternationalCanadaUSD -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.
2016-04-30restructuringin_progressUSD 29,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-04-30restructuringin_progressEmployee Severance [Member] / Restructuring Program Canadian Brand Consolidation [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-04-30restructuringin_progressEmployee Severance [Member] / Restructuring Program Renew Blue Phase 2 [Member]USD 19,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-04-30restructuringin_progressFacility Closing [Member] / Restructuring Program Canadian Brand Consolidation [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-04-30restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-04-30restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-04-30restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] / Continuing Operations [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-04-30restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member] / Continuing Operations [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-04-30restructuringin_progressRestructuring Program Renew Blue Phase 2 [Member] [Domain] / Continuing Operations [Member]USD 27,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-04-30restructuringin_progressRestructuring Program Renew Blue Phase 2 [Member] / Continuing Operations [Member]USD 27,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-04-30restructuringin_progressOther Restructuring [Member] / Continuing Operations [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-01-30restructuringcompleted2015-03CanadaInternational segment — consolidation of Future Shop and Best Buy brands; 66 Future Shop stores permanently closed and 65 converted to Best Buy brandUSD 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.
2016-01-30restructuringin_progress2012United States, Canada and Mexico (Domestic and International segments)Enterprise-wide Renew Blue program — headcount reduction, store operating model changes and real estate portfolio optimizationUSD -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.
2016-01-30plant_closurecompletedUnited StatesDomestic 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 storesMD&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.
2016-01-30divestiture_reductioncompleted2014-12-032015-02-13ChinaInternational 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.
2016-01-30plant_closurecompleted2015-032016-01-30CanadaInternational segment — retailUSD 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.
2016-01-30restructuringcompleted2015-032016-01-30CanadaInternational segment — retailrestructuring_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.
2016-01-30divestiture_reductioncompleted2014-12-032015-02-13ChinaInternational 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.
2016-01-30plant_closurecompleted2016-01-30United StatesDomestic segment — retailMD&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.
2016-01-30restructuringcompleted2015-03-01CanadaInternationalUSD 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.
2016-01-30restructuringcompleted2013-10-01GlobalDomestic and InternationalUSD -2 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Favorable adjustments related to Renew Blue initiatives. Employee count not explicitly disclosed.
2016-01-30restructuringcompleted2016-01-302016-01-30CanadaInternationalUSD 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.
2016-01-30restructuringcompleted2016-01-302016-01-30United StatesDomesticUSD 2 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Renew Blue Phase 2 cost reduction initiatives. Employee count not explicitly disclosed.
2016-01-30restructuringin_progressUSD 198,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-01-30restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain]USD -2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-01-30restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-01-30restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / International Segment [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-01-30restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member]USD -2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-01-30restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] / Continuing Operations [Member]USD 200,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-01-30restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member] / Continuing Operations [Member]USD 200,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-01-30restructuringin_progressOther Restructuring [Member] / Continuing Operations [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-01-30restructuringin_progressContinuing Operations [Member]USD 201,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-10-31restructuringin_progressCanadaInternationalUSD 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.
2015-10-31restructuringin_progressUnited StatesDomesticUSD -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.
2015-10-31plant_closurecompleted2015-10-31United StatesDomesticMD&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.
2015-10-31plant_closureannouncedUnited StatesDomesticMD&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.
2015-10-31restructuringin_progress2015-02-012018-01-31CanadaInternationalUSD 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.
2015-10-31restructuringin_progress2013-11-012017-01-31GlobalDomestic and InternationalUSD -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.
2015-10-31plant_closurecompleted2015-10-312015-10-31United StatesDomesticMD&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.
2015-10-31restructuringin_progressUSD 189,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-10-31restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member]USD -2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-10-31restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] / Continuing Operations [Member]USD 189,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-10-31restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member] / Continuing Operations [Member]USD 189,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-10-31restructuringin_progressOther Restructuring [Member] / Continuing Operations [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-10-31restructuringin_progressContinuing Operations [Member]USD 189,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-08-01plant_closurein_progressCanadaInternationalUSD 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.
2015-08-01restructuringin_progressUnited States; InternationalDomestic; InternationalUSD -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.
2015-08-01divestiture_reductioncompleted2015-02-13ChinaInternationalother
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.
2015-08-01restructuringin_progress2015-02-012016-01-31CanadaInternationalUSD 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.
2015-08-01restructuringin_progress2013-11-01United StatesDomesticUSD -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.
2015-08-01restructuringin_progressUSD 182,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-08-01restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member]USD -2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-08-01restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] / Continuing Operations [Member]USD 184,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-08-01restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member] / Continuing Operations [Member]USD 184,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-08-01restructuringin_progressOther Restructuring [Member] / Continuing Operations [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-08-01restructuringin_progressContinuing Operations [Member]USD 182,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-05-02restructuringin_progress2015-032016-01-30CanadaInternationalUSD 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.
2015-05-02divestiture_reductioncompleted2015-02-13ChinaInternationalother
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.
2015-05-02restructuringin_progressUnited StatesDomesticUSD -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.
2015-05-02restructuringin_progress2015-03-012016-01-31CanadaInternationalUSD 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.
2015-05-02restructuringin_progress2014-01-01United StatesDomesticUSD -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.
2015-05-02restructuringin_progressOther Restructuring [Member] / Continuing Operations [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-05-02restructuringin_progressUSD 186,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-05-02restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member]USD -2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-05-02restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member] / International Segment [Member] / Continuing Operations [Member]USD 188,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-05-02restructuringin_progressRestructuring Program Canadian Brand Consolidation [Member] / Continuing Operations [Member]USD 188,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-05-02restructuringin_progressContinuing Operations [Member]USD 186,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-01-31restructuringin_progress2012United StatesDomestic segmentUSD 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.
2015-01-31restructuringin_progress2012Canada and Mexico; discontinued operations relate to Five Star (China)International segmentUSD 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.
2015-01-31restructuringannounced2015-03CanadaInternational segment — Future Shop / Best Buy store network consolidationUSD 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.
2015-01-31divestiture_reductioncompleted2014-12-032015-02-13ChinaInternational 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.
2015-01-31restructuringin_progressUnited States, Canada, MexicoDomestic and International segmentsUSD 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.
2015-01-31plant_closureannounced2015-03CanadaInternational segment — Future Shop and Best Buy retailUSD 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.
2015-01-31divestiture_reductioncompleted2014-12-032015-02-13ChinaInternational 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.
2015-01-31plant_closurecompleted2015-01-31United StatesDomestic segment retail storesMD&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.
2015-01-31plant_closurecompleted2015-01-31Canada and MexicoInternational segment retail storesMD&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.
2015-01-31restructuringcompleted2014-02-012015-01-31GlobalDomestic and InternationalUSD 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.
2015-01-31plant_closurecompleted2015-03-012015-03-31CanadaInternationalItem_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.
2015-01-31divestiture_reductioncompleted2014-12-032015-02-13ChinaInternationalItem_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.
2015-01-31divestiture_reductioncompleted2014-02-012014-02-01United StatesDomesticItem_1_Business
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Sale of mindSHIFT Technologies, Inc. completed on February 1, 2014. Employee count not disclosed.
2015-01-31restructuringcompleted2014-02-012015-01-31Domestic and InternationalCorporate and Store OperationsUSD 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.
2015-01-31plant_closureannounced2015-03-01CanadaRetail StoresUSD 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.
2015-01-31restructuringin_progressUSD 5,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-01-31restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain]USD 63,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-01-31restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Employee Severance [Member]USD 47,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-01-31restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Facility Closing [Member]USD 16,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-01-31restructuringin_progressOther Restructuring [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-01-31restructuringin_progressOther Restructuring [Member] / Facility Closing [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-11-01restructuringin_progressUnited StatesDomesticUSD 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.
2014-11-01restructuringin_progressInternationalInternationalUSD 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.
2014-11-01plant_closurecompletedUnited StatesDomesticMD&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.
2014-11-01plant_closurecompletedChinaInternationalMD&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.
2014-11-01divestiture_reductionannounced2014-12-03ChinaInternationalsubsequent_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.
2014-11-01restructuringin_progress2013-11-01DomesticDomestic SegmentUSD 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.
2014-11-01restructuringin_progress2013-11-01InternationalInternational SegmentUSD 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.
2014-11-01restructuringcompleted2012-08-01DomesticDomestic SegmentUSD -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.
2014-11-01restructuringin_progressUSD 17,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-11-01restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member]USD 23,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-11-01restructuringin_progressFacility 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
2014-11-01restructuringin_progressEmployee 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
2014-11-01restructuringin_progressInventory 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
2014-11-01restructuringin_progressProperty 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
2014-11-01restructuringin_progressInvestments 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
2014-11-01restructuringin_progressEmployee 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
2014-11-01restructuringin_progressInventory 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
2014-11-01restructuringin_progressEmployee Severance [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member]USD 16,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-11-01restructuringin_progressFacility Closing [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-11-01restructuringin_progressProperty 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
2014-11-01restructuringin_progressInvestments 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
2014-11-01restructuringin_progressInventory write-downs [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-11-01restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / International Segment [Member] / Continuing Operations [Member]USD 11,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-11-01restructuringin_progressProperty 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
2014-11-01restructuringin_progressFacility 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
2014-11-01restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-11-01restructuringin_progressInvestments 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
2014-11-01restructuringin_progressFacility 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
2014-11-01restructuringin_progressRestructuring Program 2013 U.S. [Member] [Domain] / Continuing Operations [Member]USD -6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-11-01restructuringin_progressContinuing Operations [Member]USD 17,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-11-01restructuringin_progressRestructuring Program 2013 U.S. [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member]USD -6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-11-01restructuringin_progressFacility Closing [Member] / Restructuring Program 2013 U.S. [Member] [Domain]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-11-01restructuringin_progressFacility Closing [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain]USD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-11-01restructuringin_progressEmployee Severance [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain]USD 35,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-11-01restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain]USD 47,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-08-02restructuringin_progressDomestic (U.S.)Domestic segmentUSD 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.
2014-08-02restructuringin_progressInternationalInternational segmentUSD 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.
2014-08-02restructuringcompletedUnited StatesDomestic segmentUSD -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.
2014-08-02plant_closurecompletedUnited StatesDomestic segmentMD&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.
2014-08-02plant_closurecompletedCanada; ChinaInternational segmentMD&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.
2014-08-02restructuringin_progress2013-11-01DomesticDomestic SegmentUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Renew Blue initiative; charges primarily due to employee termination benefits.
2014-08-02restructuringin_progress2013-11-01InternationalInternational SegmentUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Renew Blue initiative; charges primarily due to employee termination benefits.
2014-08-02restructuringcompleted2012-11-01DomesticDomestic SegmentUSD -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.
2014-08-02restructuringin_progressUSD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-08-02restructuringin_progressRestructuring Program 2013 U.S. [Member] [Domain] / Continuing Operations [Member]USD -6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-08-02restructuringin_progressContinuing Operations [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-08-02restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-08-02restructuringin_progressFacility 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
2014-08-02restructuringin_progressRestructuring Program 2013 U.S. [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member]USD -6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-08-02restructuringin_progressFacility Closing [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-08-02restructuringin_progressEmployee Severance [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain]USD 28,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-08-02restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain]USD 35,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-08-02restructuringin_progressInventory 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
2014-08-02restructuringin_progressInvestments 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
2014-08-02restructuringin_progressProperty 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
2014-08-02restructuringin_progressInvestments 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
2014-08-02restructuringin_progressEmployee Severance [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-08-02restructuringin_progressFacility 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
2014-08-02restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Domestic Segment [Member] / Continuing Operations [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-08-02restructuringin_progressFacility 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
2014-08-02restructuringin_progressEmployee 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
2014-08-02restructuringin_progressProperty 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
2014-08-02restructuringin_progressInvestments 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
2014-08-02restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / International Segment [Member] / Continuing Operations [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-08-02restructuringin_progressProperty 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
2014-08-02restructuringin_progressInventory write-downs [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-08-02restructuringin_progressFacility Closing [Member] / Restructuring Program 2013 Renew Blue [Member] [Domain] / Continuing Operations [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-08-02restructuringin_progressInventory 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
2014-08-02restructuringin_progressEmployee 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
2014-08-02restructuringin_progressFacility Closing [Member] / Restructuring Program 2013 U.S. [Member] [Domain]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-05-03restructuringin_progress2012-11-01United States; InternationalDomestic; InternationalUSD 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.
2014-05-03plant_closurecompletedUnited StatesDomesticMD&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.
2014-05-03plant_closurecompletedChinaInternationalMD&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.
2014-05-03restructuringin_progressDomesticDomestic SegmentUSD 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.
2014-05-03restructuringin_progressInternationalInternational SegmentUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Renew Blue initiative charges.
2014-05-03restructuringin_progressUnited StatesDomestic SegmentUSD -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.
2014-05-03restructuringin_progressUSD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-05-03restructuringin_progressRestructuring Program 2013 U.S. [Member] [Domain] / Facility Closing [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-05-03restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Employee Severance [Member]USD 22,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-05-03restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain]USD 24,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-05-03restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Facility Closing [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-02-01restructuringcompleted2012United StatesDomestic segmentUSD -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.
2014-02-01restructuringin_progress2012-112015-01-31United StatesDomestic segmentUSD 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.
2014-02-01restructuringin_progress2012-112015-01-31Canada, China and MexicoInternational segmentUSD 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.
2014-02-01restructuringcompleted20122013-06-26EuropeInternational 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.
2014-02-01divestiture_reductioncompleted2013-06-262013-06-26EuropeInternational 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.
2014-02-01divestiture_reductioncompleted2014-02-012014-02-01United StatesDomestic 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.
2014-02-01plant_closurecompletedInternational segment, primarily ChinaFive Star and other International storesItem_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.
2014-02-01restructuringin_progressUnited StatesDomestic segmentUSD 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.
2014-02-01restructuringin_progressInternational (Canada, China, Mexico)International segmentUSD 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.
2014-02-01restructuringin_progressUnited Kingdom / EuropeInternational 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.
2014-02-01divestiture_reductioncompleted2013-06-26United Kingdom / EuropeInternational segment — Best Buy Europediscontinued_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.
2014-02-01divestiture_reductioncompleted2014-02-01United StatesDomestic segment — mindSHIFT TechnologiesUSD 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.
2014-02-01plant_closurecompleted2014-02-01United StatesDomestic segment retail storesItem_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.
2014-02-01plant_closurecompleted2014-02-01Canada, China, MexicoInternational segment retail storesItem_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.
2014-02-01restructuringcompleted2013-02-032014-02-01Domestic and InternationalCorporate and Store OperationsUSD 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.
2014-02-01divestiture_reductioncompleted2014-02-012014-02-01DomesticmindSHIFT Technologiesdiscontinued_operations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Sale of mindSHIFT Technologies, Inc. on February 1, 2014. Headcount not explicitly disclosed.
2014-02-01divestiture_reductioncompleted2013-06-262013-06-26InternationalBest Buy Europediscontinued_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.
2014-02-01restructuringcompleted2013-11-01DomesticDomestic SegmentUSD 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.
2014-02-01restructuringcompleted2013-11-01InternationalInternational SegmentUSD 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.
2014-02-01restructuringcompleted2013-07-01EuropeDiscontinued OperationsUSD 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.
2014-02-01restructuringcompleted2013-02-01United StatesDomestic SegmentUSD -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.
2014-02-01restructuringin_progressUSD 159,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-02-01restructuringin_progressRestructuring Program 2013 Europe [Member] [Domain] [Domain] / Facility Closing [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-02-01restructuringin_progressRestructuring Program 2013 Europe [Member] [Domain] [Domain]USD 38,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-02-01restructuringin_progressRestructuring Program 2013 Europe [Member] [Domain] [Domain] / Employee Severance [Member]USD 36,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-02-01restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain]USD 149,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-02-01restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Facility Closing [Member]USD 16,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-02-01restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Employee Severance [Member]USD 133,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-02-01restructuringin_progressRestructuring Program 2013 U.S. [Member] [Domain] / Facility Closing [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-02-01restructuringin_progressRestructuring Program 2013 U.S. [Member] [Domain] / Employee Severance [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-02-01restructuringin_progressRestructuring Program 2013 U.S. [Member] [Domain]USD 4,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-11-02divestiture_reductioncompleted2013-06-26EuropeInternational (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.
2013-11-02restructuringin_progressUnited StatesDomesticUSD 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.
2013-11-02restructuringin_progressInternationalInternationalUSD 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.
2013-11-02restructuringin_progressUnited StatesDomesticUSD -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.
2013-11-02restructuringcompleted2013-06-26EuropeInternational (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.
2013-11-02plant_closurecompleted2013-11-02United StatesDomesticMD&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.
2013-11-02plant_closurecompleted2013-11-02ChinaInternationalMD&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.
2013-11-02restructuringin_progress2013-02-03United StatesDomesticUSD 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.
2013-11-02restructuringin_progress2013-02-03InternationalInternationalUSD 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.
2013-11-02restructuringcompleted2012-08-04EuropeDiscontinued OperationsUSD 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.
2013-11-02restructuringin_progress2012-02-04United StatesDomesticUSD -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.
2013-11-02restructuringin_progressUSD 44,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-11-02restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain]USD 39,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-11-02restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Employee Severance [Member]USD 25,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-11-02restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Facility Closing [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-11-02restructuringin_progressRestructuring Program 2013 U.S. [Member] [Domain] / Facility Closing [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-11-02restructuringin_progressRestructuring Program 2013 U.S. [Member] [Domain] / Employee Severance [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-11-02restructuringin_progressRestructuring Program 2013 U.S. [Member] [Domain]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-11-02restructuringin_progressRestructuring Program 2013 Europe [Member] [Domain] [Domain]USD 38,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-11-02restructuringin_progressRestructuring Program 2013 Europe [Member] [Domain] [Domain] / Facility Closing [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-11-02restructuringin_progressRestructuring Program 2013 Europe [Member] [Domain] [Domain] / Employee Severance [Member]USD 36,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-08-03restructuringin_progressUnited StatesDomesticUSD 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.
2013-08-03restructuringin_progressInternationalInternationalUSD 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.
2013-08-03restructuringin_progressUnited StatesDomesticUSD -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.
2013-08-03restructuringcompletedEuropeInternationalUSD 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.
2013-08-03divestiture_reductioncompleted2013-04-292013-06-26EuropeInternationalother
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.
2013-08-03plant_closurecompletedUnited StatesDomesticother
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.
2013-08-03plant_closurecompletedChinaInternationalother
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.
2013-08-03restructuringin_progress2013-02-03DomesticDomestic SegmentUSD 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.
2013-08-03restructuringin_progress2013-02-03InternationalInternational SegmentUSD 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.
2013-08-03restructuringcompleted2012-11-03EuropeBest 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.
2013-08-03restructuringin_progress2012-05-05United StatesDomestic SegmentUSD -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.
2013-08-03restructuringin_progressUSD 13,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-08-03restructuringin_progressRestructuring Program 2013 Europe [Member] [Domain] [Domain]USD 38,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-08-03restructuringin_progressRestructuring Program 2013 Europe [Member] [Domain] [Domain] / Employee Severance [Member]USD 36,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-08-03restructuringin_progressRestructuring Program 2013 Europe [Member] [Domain] [Domain] / Facility Closing [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-08-03restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain]USD 24,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-08-03restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Employee Severance [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-08-03restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Facility Closing [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-08-03restructuringin_progressRestructuring Program 2013 U.S. [Member] [Domain] / Facility Closing [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-08-03restructuringin_progressRestructuring Program 2013 U.S. [Member] [Domain] / Employee Severance [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-08-03restructuringin_progressRestructuring Program 2013 U.S. [Member] [Domain]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-05-04divestiture_reductionannounced2013-04-292013-07-31United Kingdom / EuropeInternational — Best Buy EuropeUSD 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.
2013-05-04restructuringin_progress2012-11-01InternationalInternational — Best Buy EuropeUSD 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.
2013-05-04restructuringin_progress2012-11-01United States / InternationalEnterprise — Renew BlueUSD 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.
2013-05-04plant_closurecompletedUnited StatesDomestic — Retail storesMD&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.
2013-05-04restructuringin_progress2012-11-03DomesticCorporate and Store OperationsUSD 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.
2013-05-04restructuringin_progress2012-08-04DomesticStore OperationsUSD 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.
2013-05-04restructuringin_progressEuropeBest Buy EuropeUSD 53 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring charges of $53M recorded in discontinued operations. Employee count not disclosed.
2013-05-04restructuringin_progressUSD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-05-04restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Facility Closing [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-05-04restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain] / Employee Severance [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-05-04restructuringin_progressRestructuring Program 2013 Renew Blue [Member] [Domain]USD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-05-04restructuringin_progressRestructuring Program 2013 Europe [Member] [Domain] [Domain] / Employee Severance [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-05-04restructuringin_progressRestructuring Program 2013 Europe [Member] [Domain] [Domain]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-05-04restructuringin_progressRestructuring Program 2013 Europe [Member] [Domain] [Domain] / Facility Closing [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-05-04restructuringin_progressRestructuring Program 2012 [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-05-04restructuringin_progressRestructuring Program 2012 [Member] / Facility Closing [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-05-04restructuringin_progressRestructuring Program 2012 [Member] / Employee Severance [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-05-04restructuringin_progressRestructuring Program 2013 U.S. [Member] [Domain] / Employee Severance [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-05-04restructuringin_progressRestructuring Program 2013 U.S. [Member] [Domain] / Facility Closing [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-05-04restructuringin_progressRestructuring Program 2013 U.S. [Member] [Domain]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-11-03restructuringin_progressUnited StatesDomesticUSD 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.
2012-11-03restructuringin_progressEuropeInternational (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.
2012-11-03otherannounced12012-10-092013-02-03United StatesCorporate — 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.
2012-11-03otherannounced12012-10-232013-02-03United StatesCorporateUSD 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.
2012-11-03restructuringin_progress2012-02-04United StatesDomesticUSD 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.
2012-11-03restructuringin_progress2012-08-042014-03-01EuropeInternationalUSD 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.
2012-11-03restructuringin_progress2011-08-06Domestic and InternationalDomestic and InternationalUSD 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.
2012-11-03restructuringin_progress2011-02-05Domestic and InternationalDomestic and InternationalUSD -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.
2012-11-03restructuringin_progressUSD 36,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-08-04restructuringin_progress2013-02-02United StatesDomesticUSD 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.
2012-08-04restructuringcompletedUnited States and InternationalDomestic and InternationalUSD 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.
2012-08-04restructuringin_progress2012-02-042013-02-02United StatesDomesticUSD 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.
2012-08-04restructuringcompleted2011-08-06United StatesDomesticUSD 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.
2012-08-04restructuringcompleted2011-08-06United KingdomInternationalUSD 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.
2012-08-04restructuringcompleted2011-02-05United StatesDomesticUSD -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.
2012-08-04restructuringin_progressUSD 91,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-05-05restructuringin_progress2013-02-02United StatesDomesticUSD 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.
2012-05-05restructuringin_progress2012-02-042013-02-02United StatesDomesticUSD 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.
2012-05-05restructuringin_progress2011-11-052013-02-02United StatesDomesticUSD 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.
2012-05-05restructuringin_progress2011-11-052013-02-02United KingdomInternational (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.
2012-05-05restructuringin_progress2011-08-062013-02-02United StatesDomesticUSD -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.
2012-05-05restructuringin_progressUSD 127,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-03-03restructuringin_progress2011-11United StatesDomestic segment — mobile broadband offerings; supply chain and operational efficienciesUSD 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.
2012-03-03restructuringin_progress2011-11United Kingdom (store closures); international expansion strategyInternational segment — closure of 11 large-format Best Buy branded stores in the U.K.; IT asset impairmentsUSD 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.
2012-03-03restructuringcompletedUnited StatesDomestic segment — supply chain/operational efficiencies; exit from digital delivery services in entertainment categoryUSD 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.
2012-03-03restructuringcompletedTurkey; ChinaInternational segment — exit from Turkey market; closure of large-format Best Buy branded stores in ChinaUSD -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.
2012-03-03restructuringannounced2012-032013-02-02United States (store closures and operating model changes); global cost reductionsDomestic segment — closure of ~50 large-format Best Buy stores; store and corporate operating model changes; product life-cycle management and supply chain cost reductionsUSD 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.
2012-03-03divestiture_reductioncompletedBelgiumInternational 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.
2012-03-03divestiture_reductioncompletedUnited StatesDomestic 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.
2012-03-03acquisition_additioncompletedUnited StatesDomestic segment — managed IT services for small and mid-sized businessesbusiness_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.
2012-03-03restructuringin_progress2011-09-302012-08-31United StatesDomesticUSD 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.
2012-03-03plant_closurecompleted2011-11-012012-01-31United KingdomInternational — Best Buy EuropeUSD 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.
2012-03-03restructuringcompleted2011-02-262012-03-03United States and InternationalDomestic and InternationalUSD 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.
2012-03-03plant_closurecompleted2011-02-262011-05-31ChinaInternational — Best Buy Chinadiscontinued_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.
2012-03-03plant_closurecompleted2011-02-262011-08-31TurkeyInternational — Best Buy Turkeydiscontinued_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.
2012-03-03divestiture_reductioncompleted2011-11-302012-01-31BelgiumInternational — Best Buy Europediscontinued_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.
2012-03-03divestiture_reductioncompleted2011-08-312011-11-30United StatesDomestic — Napsterdiscontinued_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.
2012-03-03acquisition_additioncompleted2011-12-282011-12-28United StatesDomestic — 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.
2012-03-03plant_closureannounced2012-03-312013-02-02United StatesDomesticUSD 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.
2012-03-03restructuringcompleted2011-11-012012-12-31United KingdomInternationalUSD 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.
2012-03-03restructuringcompleted2011-11-012012-12-31United StatesDomesticUSD 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.
2012-03-03acquisition_additioncompleted2011-12-012011-12-28United StatesDomesticbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquired mindSHIFT Technologies, Inc. in December 2011. Headcount added not explicitly disclosed.
2012-03-03restructuringannounced2012-03-012013-02-02United StatesDomesticUSD 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.
2012-03-03restructuringcompleted2012-01-012012-03-03Domestic SegmentDomesticUSD 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.
2012-03-03restructuringcompleted2012-01-012012-03-03International SegmentInternationalUSD 15 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Fiscal 2012 restructuring charges for International segment primarily related to IT asset impairments.
2012-03-03restructuringcompleted2012-01-012012-03-03Discontinued OperationsDiscontinued OperationsUSD 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.
2012-03-03acquisition_additioncompleted2011-12-282011-12-28United StatesDomesticUSD 175 (millions)business_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of mindSHIFT Technologies, Inc. for $175 million.
2012-03-03restructuringannounced2012-03-012013-02-02United StatesDomesticUSD 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.
2012-03-03restructuringin_progressUSD 39,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-11-26plant_closureannounced2011-112012-03-03United KingdomInternational — Best Buy branded large-format storesUSD 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.
2011-11-26restructuringin_progress2011-112012-03-03United StatesDomestic — mobile broadband offerings and digital delivery services exitUSD 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.
2011-11-26restructuringin_progress2011-022012-03-03Domestic (United States)Domestic segment — operations efficiencyUSD 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.
2011-11-26acquisition_additioncompleted2011-11-022011-12-28United StatesManaged 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.
2011-11-26restructuringin_progress2011-11-012012-02-25United KingdomInternationalUSD 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.
2011-11-26restructuringin_progress2011-11-012012-02-25United StatesDomesticUSD 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.
2011-11-26restructuringin_progress2011-02-262012-02-25United StatesDomesticUSD 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.
2011-11-26acquisition_additioncompleted2011-11-072011-12-28United StatesDomesticUSD 167 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of mindSHIFT Technologies, Inc. completed on Dec 28, 2011. Headcount not disclosed.
2011-11-26restructuringin_progressUSD 141,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2011 [Member]USD 23,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2011 [Member] / Impairment of Intangible Assets [Member] / Domestic Segment [Member]USD 18,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2012 [Member]USD 131,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2012 [Member] / International [Member]USD 114,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2011 [Member] / Domestic Segment [Member]USD 23,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2012 [Member] / Domestic Segment [Member]USD 17,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2011 [Member] / Facility Closing [Member] / International [Member]USD -7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2011 [Member] / Inventory write-downs [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2011 [Member] / Employee Severance [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2011 [Member] / Inventory write-downs [Member] / International [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2011 [Member] / Impairment of Intangible Assets [Member] / International [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2011 [Member] / Impairment of Intangible Assets [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2011 [Member] / International [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2011 [Member] / Property and equipment write-downs [Member] / Domestic Segment [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2011 [Member] / Inventory write-downs [Member] / Domestic Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2011 [Member] / Employee Severance [Member] / International [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2011 [Member] / Facility Closing [Member] / Domestic Segment [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2011 [Member] / Property and equipment write-downs [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2011 [Member] / Employee Severance [Member] / Domestic Segment [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2011 [Member] / Facility Closing [Member]USD -3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2011 [Member] / Property and equipment write-downs [Member] / International [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2012 [Member] / Facility Closing [Member] / Domestic Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2012 [Member] / Employee Severance [Member] / Domestic Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2012 [Member] / Property and equipment write-downs [Member]USD 109,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2012 [Member] / Employee Severance [Member] / International [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2012 [Member] / Property and equipment write-downs [Member] / Domestic Segment [Member]USD 17,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2012 [Member] / Inventory write-downs [Member] / Domestic Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2012 [Member] / Property and equipment write-downs [Member] / International [Member]USD 92,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2012 [Member] / Facility Closing [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2012 [Member] / Employee Severance [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2012 [Member] / Facility Closing [Member] / International [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2012 [Member] / Inventory write-downs [Member] / International [Member]USD 13,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressRestructuring Program 2012 [Member] / Inventory write-downs [Member]USD 13,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressConsolidation, Eliminations [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressNon-Guarantor Subsidiaries [Member]USD 143,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressParent Company [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-11-26restructuringin_progressGuarantor Subsidiaries [Member]USD -2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progress2011-02-262012-02-28United StatesDomestic segment operationsUSD 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).
2011-08-27restructuringin_progress2011-02-262012-02-28International (China, Turkey)International segment — Best Buy branded stores in China; Turkey market exitUSD 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).
2011-08-27restructuringin_progress2011-02-262012-02-25DomesticDomestic SegmentUSD 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.
2011-08-27restructuringin_progress2011-02-262012-02-25InternationalInternational SegmentUSD 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.
2011-08-27restructuringin_progressUSD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressRestructuring Program 2011 [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressRestructuring Program 2011 [Member] / Domestic Segment [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressRestructuring Program 2011 [Member] / International [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressRestructuring Program 2011 [Member] / Facility Closing [Member] / International [Member]USD -3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressRestructuring Program 2011 [Member] / Inventory write-downs [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressRestructuring Program 2011 [Member] / Employee Severance [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressRestructuring Program 2011 [Member] / Inventory write-downs [Member] / International [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressRestructuring Program 2011 [Member] / Impairment of Intangible Assets [Member] / Domestic Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressRestructuring Program 2011 [Member] / Impairment of Intangible Assets [Member] / International [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressRestructuring Program 2011 [Member] / Impairment of Intangible Assets [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressRestructuring Program 2011 [Member] / Property and equipment write-downs [Member] / Domestic Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressRestructuring Program 2011 [Member] / Inventory write-downs [Member] / Domestic Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressRestructuring Program 2011 [Member] / Employee Severance [Member] / International [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressRestructuring Program 2011 [Member] / Facility Closing [Member] / Domestic Segment [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressRestructuring Program 2011 [Member] / Property and equipment write-downs [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressRestructuring Program 2011 [Member] / Employee Severance [Member] / Domestic Segment [Member]USD -3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressRestructuring Program 2011 [Member] / Facility Closing [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressRestructuring Program 2011 [Member] / Property and equipment write-downs [Member] / International [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressGuarantor Subsidiaries [Member]USD -2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressNon-Guarantor Subsidiaries [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressParent Company [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-08-27restructuringin_progressConsolidation, Eliminations [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-05-28restructuringin_progressUnited StatesDomesticUSD 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.
2011-05-28restructuringin_progressInternationalInternationalUSD 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.
2011-05-28plant_closurecompletedChinaInternationalMD&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.
2011-05-28plant_closureannounced2011-02TurkeyInternationalother
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.
2011-05-28restructuringin_progress2011-02-012012-02-25Domestic and InternationalDomestic and International segmentsUSD 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.
2011-05-28restructuringin_progressUSD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-05-28restructuringin_progress Restructuring Program2011 / Employee Severance / Domestic SegmentUSD -2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-05-28restructuringin_progress Restructuring Program2011 / Facility Closing / Domestic SegmentUSD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-05-28restructuringin_progress Restructuring Program2011 / Employee Severance / International SegmentUSD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-05-28restructuringin_progress Restructuring Program2011 / International SegmentUSD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-05-28restructuringin_progress Restructuring Program2011 / Facility ClosingUSD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-05-28restructuringin_progress Restructuring Program2011USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-05-28restructuringin_progress Guarantor SubsidiariesUSD -2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-05-28restructuringin_progress Non Guarantor SubsidiariesUSD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-02-26restructuringin_progress2012United StatesDomestic segmentUSD 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.
2011-02-26restructuringin_progress2011-02-212012Turkey and ChinaInternational segmentUSD 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.
2011-02-26divestiture_reductioncompletedUnited StatesDomestic segment — Speakeasy businessother
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.
2011-02-26restructuringin_progress2011-02-212012-02-25Turkey and ChinaInternational segmentUSD 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.
2011-02-26restructuringin_progress2012-02-25United StatesDomestic segmentUSD 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.
2011-02-26divestiture_reductioncompleted2010-08-31United StatesDomestic 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.
2011-02-26plant_closurecompleted2011-02-26United StatesDomestic segment retail storesItem_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.
2011-02-26plant_closurecompleted2011-02-26Europe, ChinaInternational segment retail storesItem_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.
2011-02-26restructuringcompleted2011-02-212012-02-25Domestic and InternationalDomestic and International segmentsUSD 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.
2011-02-26restructuringin_progress2011-02-212012-02-25DomesticDomestic SegmentUSD 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.
2011-02-26restructuringin_progress2011-02-212012-02-25InternationalInternational SegmentUSD 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.
2011-02-26restructuringin_progressUSD 222,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-02-26restructuringin_progress Guarantor SubsidiariesUSD 9,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-02-26restructuringin_progress Non Guarantor SubsidiariesUSD 189,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2010-11-27restructuringcompleted2009-11-01DomesticCorporate HeadquartersUSD 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.
2010-11-27restructuringcompleted2009-11-01InternationalBest Buy EuropeUSD 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.
2010-08-28divestiture_reductioncompletedUnited StatesSpeakeasy 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.
2010-08-28restructuringcompleted2009-11-01DomesticCorporate Headquarters and U.S. Best Buy StoresUSD 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.
2010-08-28restructuringcompleted2009-11-01InternationalBest Buy EuropeUSD 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.
2010-08-28restructuringin_progress Domestic SegmentUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-08-28restructuringin_progress International SegmentUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-08-28restructuringin_progressUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-05-29divestiture_reductionannounced2010-06-082010-09-30United StatesSpeakeasysubsequent_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.
2010-05-29restructuringcompletedDomesticCorporate Headquarters and U.S. Best Buy StoresUSD 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.
2010-05-29restructuringcompletedInternationalBest Buy EuropeUSD 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.
2010-02-27restructuringcompleted2009-04United StatesDomestic segment — U.S. Best Buy store operating modelUSD 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.
2010-02-27restructuringcompletedEurope (Best Buy Europe)International segment — Best Buy Europe business reorganizationUSD 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.
2010-02-27plant_closurecompletedEuropeInternational segment — The Carphone Warehouse and The Phone House storesItem_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.
2010-02-27plant_closurecompletedChinaInternational segment — Five Star storesItem_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.
2010-02-27restructuringcompleted2009-04United StatesDomestic — U.S. Best Buy store operating modelUSD 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
2010-02-27restructuringcompleted2009-04EuropeInternational — Best Buy EuropeUSD 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
2010-02-27acquisition_additioncompleted2009-02ChinaInternational — Five StarUSD 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
2010-02-27plant_closurecompletedEuropeInternational — The Carphone Warehouse and The Phone House storesItem_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
2010-02-27plant_closurecompletedChinaInternational — Five Star storesItem_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
2010-02-27restructuringcompleted2010-03-01United StatesDomestic SegmentUSD 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.
2010-02-27restructuringcompleted2010-03-01EuropeInternational SegmentUSD 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.
2010-02-27restructuringcompleted2009-04-01United StatesDomestic SegmentUSD 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.
2010-02-27restructuringcompleted2009-10-01EuropeInternational SegmentUSD 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.
2010-02-27restructuringin_progressUSD 52,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2009-11-28restructuringcompleted2009-04United StatesDomesticUSD 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.
2009-11-28restructuringcompleted2009-04International (Europe)InternationalUSD 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.
2009-11-28restructuringcompleted2009-02-28DomesticCorporate Headquarters and StoresUSD 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.
2009-11-28restructuringcompleted2009-02-28InternationalBest Buy EuropeUSD 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.
2009-11-28restructuringin_progressUSD 52,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2009-08-29restructuringin_progress2009-04-30United StatesDomestic — U.S. Best Buy store operating model and corporate headquartersUSD 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.
2009-08-29restructuringin_progress2009-04-30EuropeInternational — Best Buy EuropeUSD 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.
2009-08-29restructuringcompleted2009-04-01United StatesDomesticUSD 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.
2009-08-29restructuringcompleted2009-04-01InternationalInternationalUSD 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.
2009-08-29restructuringin_progressUSD 52,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2009-05-30restructuringin_progress2009-04-012010-02-27United StatesDomesticUSD 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.
2009-05-30restructuringin_progress2009-04-012010-02-27International (Best Buy Europe)InternationalUSD 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.
2009-05-30restructuringin_progress2009-04-012010-02-27United StatesDomesticUSD 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.
2009-05-30restructuringin_progress2009-04-012010-02-27EuropeInternationalUSD 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.
2009-02-28restructuringin_progress2009-022010-02United StatesDomestic segment — corporate headquarters and certain other locations; closure of Magnolia Audio Video corporate office and distribution facilitiesUSD 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.
2009-02-28restructuringin_progress2009-022010-02CanadaInternational segment — Canada businessesUSD 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.
2009-02-28reduction_in_forceannounced2009-042010-02United StatesU.S. Best Buy storessubsequent_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.
2009-02-28restructuringannounced2009-042010-02EuropeInternational segment — Best Buy EuropeUSD 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.
2009-02-28plant_closurein_progress2008-06-282010-02EuropeInternational segment — Best Buy EuropeUSD 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.
2009-02-28plant_closurecompletedUnited States, Canada, China, EuropeRetail 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.
2009-02-28acquisition_additioncompleted2008-06-28EuropeInternational 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.
2009-02-28restructuringin_progress2009-02-28United StatesDomestic segment — corporate headquarters and certain other locations; Magnolia Audio Video corporate office and distribution facilitiesUSD 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.
2009-02-28restructuringin_progress2009-02-28CanadaInternational segmentUSD 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.
2009-02-28restructuringannounced2009-04-27United StatesU.S. Best Buy stores — store operating model updatesubsequent_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.
2009-02-28restructuringannounced2009-02-282009-05-02EuropeBest Buy Europe — employee termination benefits and business reorganizationUSD 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.
2009-02-28plant_closurecompleted2009-02-28United States and InternationalRetail 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.
2009-02-28acquisition_additioncompleted2008-06-302008-06-30EuropeInternational 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.
2009-02-28acquisition_additioncompleted2008-10-252008-10-31United StatesDomestic 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.
2009-02-28restructuringcompleted2009-02-28GlobalCorporate Headquarters and Certain Other LocationsUSD 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.
2009-02-28restructuringcompleted2009-02-28Domestic SegmentCorporate Headquarters and Certain Other LocationsUSD 72 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Portion of total restructuring charge impacting Domestic segment.
2009-02-28restructuringcompleted2009-02-28International SegmentCanadaUSD 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.
2009-02-28restructuringcompleted2009-02-28Domestic and InternationalCorporate headquarters and certain other locationsUSD 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.
2009-02-28restructuringannounced2009-04-27United StatesU.S. Best Buy storesrestructuring_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.
2009-02-28restructuringannounced2009-04-01EuropeBest Buy EuropeUSD 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.
2008-11-29voluntary_separationannounced2008-12-152009-01-16United StatesCorporateUSD 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.
2008-11-29acquisition_additioncompleted2008-09-142008-10-25United StatesDomesticbusiness_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.
2008-11-29acquisition_additioncompleted2008-05-072008-06-30EuropeInternationalbusiness_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.
2008-11-29voluntary_separationannounced2008-12-152009-01-16CorporateCorporateUSD 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.
2008-08-30acquisition_additioncompleted2008-05-072008-06-30Europe (United Kingdom)Internationalbusiness_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.
2008-08-30acquisition_additionannounced2008-09-14United StatesOthersubsequent_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.
2008-08-30restructuringcompleted2008-06-28EuropeInternationalUSD 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.
2008-05-31acquisition_additioncompleted2008-05-072008-06-30Europe (England and Wales)InternationalUSD 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.
2008-03-01acquisition_additioncompleted2007-05-01United StatesDomestic segment — broadband, voice, data and information technology servicesUSD 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.
2008-03-01plant_closurecompletedUnited States (California, Oregon, Washington)Domestic segment — Magnolia Audio Video stand-alone storesItem_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.
2008-03-01plant_closurecompletedUnited States (California, Colorado, Georgia, Minnesota, Texas)Domestic segment — Geek Squad stand-alone storesItem_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.
2008-03-01plant_closurecompletedChinaInternational segment — Five Star storesMD&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.
2008-03-01acquisition_additioncompleted2007-05-012007-05-01United StatesDomesticUSD 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
2008-03-01plant_closurecompleted2008-03-01United StatesDomesticMD&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
2008-03-01plant_closurecompleted2008-03-01ChinaInternationalMD&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
2008-03-01plant_closurecompletedChinaGlobal SourcingItem_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
2007-09-01acquisition_additioncompleted2007-05-01United StatesDomestic segmentbusiness_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.
2007-09-01plant_closurecompletedUnited StatesDomestic segment — Magnolia Audio VideoMD&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.
2007-09-01plant_closurecompletedChinaInternational segment — Five StarMD&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.
2007-09-01acquisition_additioncompleted2007-05-01United StatesDomesticUSD 103 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired Speakeasy, Inc. to strengthen technology solutions portfolio; headcount not explicitly disclosed.
2007-09-01plant_closurecompletedUnited StatesDomesticMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closed 6 Magnolia Audio Video stores in Q2 FY2008; employee count impact not disclosed.
2007-09-01plant_closurecompletedChinaInternationalMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closed 2 Five Star stores in Q2 FY2008; employee count impact not disclosed.
2007-06-02acquisition_additioncompleted2007-05-01United StatesDomestic segmentbusiness_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.
2007-06-02acquisition_additioncompleted2007-05-01United StatesDomesticbusiness_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.
2007-06-02plant_closurecompletedUnited StatesDomesticMD&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.
2007-06-02plant_closurecompletedChinaInternationalMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closed 1 Five Star store during the quarter. No employee count disclosed.
2007-03-03acquisition_additioncompleted2006-03-07United 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.
2007-03-03acquisition_additioncompleted2006-06-08ChinaInternational — 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.
2007-03-03plant_closurecompletedCanadaInternational — 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.
2007-03-03plant_closurecompletedChinaInternational — Five StarItem_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.
2007-03-03acquisition_additioncompleted2007-05-01United StatesDomestic — 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.
2007-03-03acquisition_additioncompleted2006-03-072006-03-07United States (Southern California)Domestic segment — Pacific Sales Kitchen and Bath CentersUSD 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
2007-03-03acquisition_additioncompleted2006-06-082006-06-08ChinaInternational 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
2007-03-03plant_closurecompletedCanadaInternational segment — Canada Geek Squad stand-alone storesItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Six Canada Geek Squad stores closed during fiscal 2007; associated workforce reduction not quantified
2007-03-03plant_closurecompletedChinaInternational segment — Five Star storesItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Four Five Star stores closed during fiscal 2007; associated workforce reduction not quantified
2007-03-03acquisition_additioncompleted2007-05-012007-05-01United StatesDomestic 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
2007-03-03acquisition_additioncompleted2006-03-07United StatesDomesticUSD 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.
2007-03-03acquisition_additioncompleted2006-06-08ChinaInternationalUSD 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.
2007-03-03plant_closurecompletedCanadaInternationalItem 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.
2006-11-25acquisition_additioncompleted2006-03-07United States (Southern California)DomesticUSD 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.
2006-11-25acquisition_additioncompleted2006-06-08ChinaInternationalUSD 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.
2006-11-25restructuringcompletedDomestic and International segmentsCorporate and RetailUSD 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.
2006-08-26restructuringin_progressUnited States; CanadaDomestic and International segmentsMD&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).
2006-08-26plant_closurecompletedCanadaInternational — Geek SquadMD&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.
2006-08-26acquisition_additioncompleted2006-03-07United States (Southern California)Domestic — Pacific Sales Kitchen and Bath Centersbusiness_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.
2006-08-26acquisition_additioncompleted2006-06-08ChinaInternational — 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.
2006-08-26restructuringin_progressDomesticGeneralUSD 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.
2006-08-26restructuringin_progressDomesticGeneralUSD 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.
2006-08-26plant_closurecompletedCanadaGeek SquadMD&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.
2006-08-26plant_closurecompletedCanadaGeek SquadMD&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.
2006-05-27acquisition_additioncompleted2006-03-07United States (Southern California)Domesticbusiness_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.
2006-05-27restructuringin_progressUnited StatesDomesticMD&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.
2006-05-27acquisition_additionannounced2006-06-08ChinaInternationalsubsequent_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.
2006-05-27restructuringcompletedCanadaCorporate HeadquartersMD&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.
2006-05-27acquisition_additioncompleted2006-03-07United StatesDomesticUSD 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.
2006-05-27acquisition_additionannounced2006-06-08ChinaInternationalUSD 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.
2006-02-25acquisition_additioncompleted2005United States (California)High-end home entertainment systems design, sales and installationUSD 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.
2006-02-25acquisition_additioncompletedCanada (Ontario)High-end home entertainment systems design, sales and installationUSD 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.
2006-02-25plant_closurecompletedUnited StatesDomestic — Geek Squad stand-alone storeItem_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.
2006-02-25plant_closurecompletedCanadaInternational — Future Shop storeItem_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.
2006-02-25othercompleted5,000United StatesDomestic — Geek Squad servicesMD&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.
2006-02-25restructuringcompletedCanadaInternational segment operationsMD&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.
2006-02-25acquisition_additioncompleted2006-03-07United States (southern California)Domestic segment (from fiscal 2007) — premium kitchen/bath appliance and home entertainment showroomsUSD 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.
2006-02-25restructuringannounced2006-05-10United StatesDomestic segment — corporate campus and store support functionsMD&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.
2006-02-25acquisition_additioncompletedUnited States (California)Domestic segment — high-end home entertainment design and installationUSD 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.
2006-02-25acquisition_additioncompletedCanada (Ontario)Domestic/International — high-end home entertainment design and installationUSD 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.
2006-02-25plant_closurecompletedUnited StatesDomestic segment — Geek Squad stand-alone storeItem_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.
2006-02-25plant_closurecompletedCanadaInternational segment — Future Shop storeItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
One Future Shop store closed during fiscal 2006; no associated headcount reduction disclosed.
2006-02-25acquisition_additioncompleted2006-03-07United States (southern California)Domestic segment — premium kitchen and bath showroomsUSD 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.
2006-02-25acquisition_additioncompleted2006-03-07United StatesDomesticsubsequent_events
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquired Pacific Sales Kitchen and Bath Centers, Inc. effective March 7, 2006. Headcount not disclosed.
2006-02-25acquisition_additioncompleted2006-01-01United StatesDomesticItem_1_Business
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquired certain assets of AV Audiovisions, Inc. in Q3 FY2006. Headcount not disclosed.
2006-02-25acquisition_additioncompleted2006-01-01CanadaInternationalItem_1_Business
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquired Howell & Associates, Inc. in Q4 FY2006. Headcount not disclosed.
2005-11-26acquisition_additionannounced2005-12-222006-01-15United States (Southern California)Domesticsubsequent_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.
2005-02-26plant_closurecompletedUnited StatesU.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.
2005-02-26plant_closurecompletedUnited 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.
2005-02-26plant_closurecompletedUnited StatesU.S. Best Buy retail storesItem_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.
2005-02-26plant_closurecompletedUnited StatesMagnolia Audio Video retail storesItem_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.
2004-08-28otherin_progress2004-07United StatesInformation technologyMD&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
2004-05-29restructuringcompletedCorporate, regional and district officesGeneral & AdministrativeMD&A
f5-10q / Qwen3.6-27B-Q8_0
Headcount reductions in corporate, regional and district offices cited as driver for SG&A rate improvement.
2004-02-28divestiture_reductioncompleted2003-06-162003-06-16United StatesDiscontinued 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.
2004-02-28divestiture_reductioncompleted2003-06-162003-06-16United StatesMusicland (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.
2004-02-28divestiture_reductioncompleted2003-06-162003-06-16United StatesDiscontinued 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.
2003-11-29divestiture_reductioncompleted2003-06-162003-06-16United StatesThe 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.
2003-08-30divestiture_reductioncompleted2003-06-162003-06-16United StatesThe 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.
2003-08-30otherin_progressUnited StatesCorporate and field officesMD&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.
2003-08-30restructuringcompleted8%United StatesCorporate and field officeMD&A
f5-10q / Qwen3.6-27B-Q8_0
Approximately 8% reduction in corporate and field office headcount compared with last year's second quarter.
2003-05-31divestiture_reductionannounced2003-06-16United StatesMusicland (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.
2003-05-31restructuringin_progress2003-05-31USD 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.
2003-05-31restructuringcompleted2003-05-31DomesticMD&A
f5-10q / Qwen3.6-27B-Q8_0
Reductions in field staff and discretionary advertising expenditures as part of expense-saving initiatives.
2003-03-01divestiture_reductionannounced11,000United 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.
2003-03-01acquisition_additioncompletedUnited StatesResidential 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.
2003-03-01plant_closurecompletedUnited StatesDiscontinued operations — Musicland, Sam Goody Mall bannerItem_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.
2003-03-01plant_closurecompletedUnited StatesDiscontinued operations — Musicland, Suncoast bannerItem_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.
2003-03-01plant_closurecompletedUnited StatesDiscontinued 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.
2003-03-01divestiture_reductionin_progress11,000United StatesMusicland (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.
2003-03-01plant_closurein_progressUnited StatesMusicland — Sam Goody Mall storesItem_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.
2003-03-01plant_closurein_progressUnited StatesMusicland — Suncoast storesItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
25 Suncoast stores closed during fiscal 2003 (10 opened); associated workforce reduction not quantified.
2003-03-01plant_closurein_progressUnited StatesMusicland — Sam Goody Rural storesItem_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.
2003-03-01restructuringannounced2003-01-10United StatesMusicland / Domestic Best Buy stores operationsother
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.
2003-03-01acquisition_additioncompletedUnited StatesDomestic — 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.
2003-03-01acquisition_additioncompleted2002-09-30United StatesTechnology Support ServicesUSD 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.
2003-03-01divestiture_reductionannounced2003-01-10United StatesDiscontinued 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.
2002-11-30plant_closureannounced7002003-01-09United StatesMusicland (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).
2002-11-30acquisition_additioncompleted2002-10-14United StatesDomestic segment — technology support servicesbusiness_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.
2002-11-30plant_closureannounced7002003-01-09United StatesDomestic (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.
2002-08-31acquisition_additioncompleted2001-11-04CanadaInternational 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.
2002-08-31plant_closurecompletedUnited StatesDomestic segment — MusiclandMD&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.
2002-03-02acquisition_additioncompleted2001-11-04CanadaInternational (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.
2002-03-02plant_closurecompletedUnited StatesMusiclandItem_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.
2002-03-02acquisition_additioncompleted2001-11-042001-11-04CanadaInternational (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
2002-03-02plant_closurecompleted2002-03-02United StatesMusiclandItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
39 Musicland stores closed during fiscal 2002; associated workforce reduction not quantified by filer
2002-03-02acquisition_additioncompleted2001-11-04CanadaInternationalUSD 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.
2002-03-02acquisition_additioncompleted2001-01-31United StatesMusiclandUSD 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.
2002-03-02acquisition_additioncompleted2001-12-15United StatesBest BuyUSD 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.
2001-12-01acquisition_additioncompleted2001-11-042001-11-04CanadaInternationalUSD 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.
2001-12-01acquisition_additioncompleted2001-03-032001-03-03United StatesMusiclandUSD 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.
2001-12-01acquisition_additioncompleted2001-03-032001-03-03United StatesBest BuyUSD 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.
2001-09-01acquisition_additionannounced2001-082001-09-30CanadaBest BuyUSD 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.
2001-03-03acquisition_additioncompleted2000-12-082001-01-31United 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.
2001-03-03acquisition_additioncompleted2000-12-152000-12-15United States (Washington, Oregon, California)Magnolia Hi-Fi, Inc. — high-end consumer electronics retailUSD 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.
2001-03-03acquisition_additioncompleted2000-12-082001-01-31United StatesMusicland 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.
2001-03-03acquisition_additioncompleted2000-12-15United States (Washington, Oregon, California)Magnolia Hi-Fi high-end consumer electronics retailbusiness_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.
2001-03-03acquisition_additioncompleted2000-12-152001-01-31United StatesMusicland 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.
2001-03-03acquisition_additioncompleted2000-12-152000-12-15United StatesRetailItem_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.
2000-11-25acquisition_additioncompleted2000-12-15United 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.
2000-11-25acquisition_additionannounced2000-12-072001-03-31United StatesMusicland 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.
2000-11-25acquisition_additioncompleted2000-12-15Seattle, WashingtonConsumer Electronics RetailUSD 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.
2000-11-25acquisition_additionannounced2000-12-072001-03-31United StatesHome Entertainment RetailUSD 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.
2000-02-26plant_closurecompletedRetail storesMD&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.
1998-02-28plant_closurecompletedRetail storesMD&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.