Best Buy (NYSE:BBY) is set to open seven Twin Cities Best Buy Mobile stores.

Best Buy To Open New Stores

The electronic retailer Best Buy (NYSE:BBY) is going to open seven new Best Buy Mobile Stores as part of its Twin Cities strategy.

The new locations will be at Roseville, Woodbury, Stillwater, Maplewood and Burnsville.

These stores will be twice as large as their previous Mobile locations.

A Best Buy (NYSE:BBY) spokesman Jeff Haydock said, “These are off-mall stores, and we don’t currently have anything like it here in the Twin Cities. They’re not strip mall locations as much as they are stand-alone buildings, (which) you’d typically find near bigger retailers like a Home Depot or a Target”.

Best Buy (NYSE:BBY) shares were at 17.61 at the end of the last day’s trading. There’s been a -4.9% change in the stock price over the past 3 months.

Best Buy (NYSE:BBY) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 2 out of 6 in the industry