UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 
WASHINGTON, D.C.  20549

FORM 8-K

Current Report

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

 
Date of Report (Date of earliest event reported): January 8, 2003

 
Best Buy Co., Inc.
(Exact name of registrant as specified in its charter)
 
Minnesota
(State or other jurisdiction of incorporation)

1-9595	 	41-0907483	
(Commission File Number)	 	(IRS Employer Identification No.)	
 	 	 	
7075 Flying Cloud Drive 
Eden Prairie, Minnesota	 	55344	
(Address of principal executive offices)	 	(Zip Code)	

Registrant’s telephone number, including area code: (952) 947-2000
 
N/A
(Former name or former address, if changed since last report.)

 
ITEM 5. OTHER EVENTS.
 
We announced in a press release on January 9, 2003, that we expect to realign our Musicland business into our domestic Best Buy stores operations.  As a result, the position of Musicland president has been eliminated, and Kevin Freeland, the former president of Musicland, has left the Company.

 
 
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 	BEST BUY CO., INC.	
 	(Registrant)	
 	 	 	
Date: January 10, 2003	By:	 /s/ Darren R. Jackson	
 	Darren R. Jackson	
 	Executive Vice President — Finance and	
 	Chief Financial Officer	

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