MINNEAPOLIS—Best Buy said it is slating 22 new-store openings for its fiscal third quarter.
Among the new locations are one in Union Square in New York City and its fifth in Puerto Rico. The Union Square store will be Best Buy’s sixth in Manhattan, and “will provide a dominant and highly visible presence in the major transportation hub of lower Manhattan,” according to a company statement.
Best Buy will mark each of the store openings with ribbon-cutting ceremonies and $10,000 check presentations to local non-profit organizations. Currently, the company operates 1,044 U.S. stores in all 50 states and Puerto Rico.