Best Buy Subleases Space in Corp. Headquarters

Updated: 02/26/2013 1:29 PM KSTP.com By: Jennie Olson

Two Minnesota businesses that used to be shining examples of corporate success are now struggling – Supervalu and Best Buy.

Business experts say Best Buy’s biggest struggle is that customers go into the store to find the products they like, then go online to buy the product at a cheaper price.

On top of store closures and layoffs, the company is subleasing space in their corporate headquarters to try to cut costs. Experts say that isn’t enough.