Electronics store to join Costco at Reynolds Ranch; aims to be open in fall 2011 or spring 2012
Dale Gillespie
- Best Buy at a glance
-
The Richfield, Minn.-based multinational retailer humbly began
as an audio specialty store named “Sound of Music” in 1966. The
company rapidly expanded and was operating nine stores in Minnesota
by the end of the 1970s.
When a tornado hit a store in Minnesota in 1981, the company
held a “Tornado Sale.” It featured equipment for sale in a modest
environment. It was advertised as a “Best Buy” sale and the company
changed its name to the current moniker in 1983.
Today Best Buy sells electronics, games, DVDs and other
specialty products and gadgets. It features subsidiaries such as
computer troubleshooting brand Geek Squad and Magnolia Audio
Video.
Company name: Best Buy Co., Inc.
Founded: Richard M. Schulze and James Wheeler.
opened Sound of Music, in Saint Paul, Minn. in 1966.
Stock symbol: BBY.
Market: New York Stock Exchange.
Stock price as of press time: $42.03.
Employees (Worldwide total): Roughly 180,000
(mix of part-time, full-time and seasonal).
Annual revenue: More than $49 billion.
Where it ranks on Fortune 500: 45.
Best Buy at a glance Brian Dunn.
— Source: www.bby.com/about
- Dale Gillespie, Reynolds Ranch developer
-
It is 100 percent new business and new jobs to Lodi. We are
turning the huge steering wheel to keep sales tax in town.
Posted: Wednesday, October 20, 2010 12:00 am
|
Updated: 5:59 am, Thu Oct 21, 2010.
Best Buy coming to Lodi
By Jordan Guinn and Maggie Creamer
News-Sentinel Staff Writers
Lodinews.com
|
Gamers, geeks and technophiles rejoice: Best Buy is coming to
Lodi. During a groundbreaking for big-box retailer Costco at
Reynolds Ranch on Tuesday, city officials and the developer
confirmed the electronics store would be soon following the
membership-only wholesale retailer to the complex on Harney
Lane.
Costco plans to build the store in 110 days and open in March
2011. Home Depot should follow in mid-November.
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Reference Links
Posted in
News
on
Wednesday, October 20, 2010 12:00 am.
Updated: 5:59 am.
| Tags:
Dale Gillespie,
Costco,
Wal-mart,
Best Buy,
Reynolds Ranch,
Home Depot
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Darrell Baumbach posted at 8:47 am on Thu, Oct 21, 2010.
Kim, do you happen to know, has there been any information as to the size of these stores for Lodi? I am hoping that it will be a smaller version, but I have not heard what is planned.
Darrell Baumbach posted at 8:44 am on Thu, Oct 21, 2010.
Doug stated…By the way, Darrell, your 7:05 post to me was the nicest compliment ...
You must have a very boring life to make such a statement... then again, anyone who would consider if Jerome's handle was or was not "lodisafeway" as a topic worth spending one second on ... well maybe then I could see how you would consider my statement as a complement... what do psychologists say? Negative attention is valuable to people who crave it, as negative attention is better than having no attention at all.
K Lee posted at 8:17 am on Thu, Oct 21, 2010.
Darrell Baumbach: Yes, it sure will be convenient. I spend a lot of money at Coscto and I enjoy going to Best Buy as well. I'm sure I'll be at Costco and Best Buy a lot more when it opens in Lodi.
Doug Chaney: Yes, I recall that Jerome Kinderman used to be known as lodisafeway.
Jerome Kinderman posted at 6:01 am on Thu, Oct 21, 2010.
Mr. Chaney, I do not think I could be any clearer regarding my former screen name, "lodisafeway." I suggest that you take some time and carefully read the discourse between you and me in this regard. Then read the following paragraph:
To answer your specific question at "10:32 p.m. on Wednesday, October 20, 2010, I am not now nor have I ever been the "nasty lodisafeway" on this or any other forum.
Please consider this now the last interchange between you and me - your childish prattle has outlived its entertainment value.
Darrell Baumbach posted at 5:49 am on Thu, Oct 21, 2010.
Baumbach, you always have to get your little personal insults in, huh? Just further proof of your right wing objectionist artificial intelligence
Doug, if throwing personal insults equates into a person being a right wing objectionist artificial intelligence, what ever that is, then everyone else must be to the left of you.
Darrell Baumbach posted at 5:43 am on Thu, Oct 21, 2010.
Kim, I agree with you, all three stores are good for Lodi in many ways. For me, since I do not enjoy driving any distance, I will appreciate the convenience.
K Lee posted at 12:04 am on Thu, Oct 21, 2010.
Now that's what I'm talking about! A Coscto, Home Depot and a Best Buy! Terrific! Can't wait to do some shopping.
Doug Chaney posted at 10:47 pm on Wed, Oct 20, 2010.
By the way, Darrell, your 7:05 post to me was the nicest compliment you've given anyone. Thank you! It's just ridicule and smarter than thou (artificial intelligence) remarks that cause one to simply consider the source and enjoy a good laugh.
Doug Chaney posted at 10:32 pm on Wed, Oct 20, 2010.
Mr. Kinderman, Reynolds Ranch is being developed by the good old boy developer, Dale Gillespie. Just follow the follies and many changes to the RR project and you'll see that this council panders to him. Whereas Walmart only has an outside developer and the stupid decision of the 3 amigos on council to overrule their own planning commission only added more fodder to Mr. Mooney and this project will likely be held off for a long period of time. You can thank Johnson, Katzakian and Hansen for no Walmart. Are you saying you're not the nasty lodisafeway?
Doug Chaney posted at 10:24 pm on Wed, Oct 20, 2010.
Baumbach, you always have to get your little personal insults in, huh? Just further proof of your right wing objectionist artificial intelligence.
Jerome Kinderman posted at 8:01 pm on Wed, Oct 20, 2010.
Actually Mr. Chaney, Wal-Mart’s desire to expand has quite a lot to do with any big store opening in Lodi especially when one considers that there wasn't much of a fuss with Costco's, Home Depot’s or Best Buy's plans to build in Lodi. When one contrasts their apparent clear sailing through the process compared with Wal-Mart's, I wonder why you found the need to ask the question except to be deliberately confrontational.
I am curious though, what does my former moniker have to do with anything; my identity here is not Lodisafeway. For your edification, I refer you to my post at 1:29 p.m. today, October 20, 2010.
Darrell Baumbach posted at 7:05 pm on Wed, Oct 20, 2010.
Doug, you must have had a broken record implanted ... and on auto mode.
Darrell Baumbach posted at 7:02 pm on Wed, Oct 20, 2010.
Jerome and Manuel...I'm happy to see both stores opening. Jobs and tax revenue are heading their way to Lodi. No complaints here,,,,and ...All I can say to this is: sweet!
I agree, great stores, fun to shop, more jobs and tax revenue....
I knew we, as a city, could get more jobs and tax without selling pot ( prop 19), this is sweet just as Manuel says.
Doug Chaney posted at 6:11 pm on Wed, Oct 20, 2010.
Mr. Kinderman, what does this blog have to do with superWalmart?
Doug Chaney posted at 6:09 pm on Wed, Oct 20, 2010.
And, by the way, Mr. Jackson, these are some of the same statements that were the cause of my removal from the old blogsite. I find it strange that now they are acceptable now that I use my real identity. Only in Lodi and at the Sentinel.
Doug Chaney posted at 6:06 pm on Wed, Oct 20, 2010.
Mr. Jackson, wasn't T&C that blogger with all the rants about Mexicans, drugs, main street loitering and a certain bus stop bench that he wanted installed. Maybe you were even one of those anonymous bloggerswho always patted the city leaders and the 3 amigos for all those questionable decisions that were made? Do you for a minute think that this website doesn't know who each and every blogger is? Take the example of no_vaseline from a newer site that posted some pretty factual information about certain Sentinel employees. The story goes that someone at the Sentinel spent quite some time tracking that person down and lo and behold, what do you think they discovered? Ironically, those blogs came from a computer at, where else, the Lodi News-Sentinel. Needless to say that employee is no longer with them. If the employee at the Sentinel hasn't, or isn't intending to file some sort of slander lawsuit, why would they, IMO, track someone down via the internet? That takes a real computer geek to have the ability and computer savvy to do this. I have 2 close friends who can do this, but they don't come cheap. Mr. Jackson, do you think that I'd actually open myself to a lawsuit by opining lies? I probably have put myself in a position for retaliation, which seem to be the method preferred by good old boys and cowards. I'm staunch in what I advocate for and until Lodi city council and management can again be a government for the people and not the wealthy and good old boys, I'll continue blogging with facts and articles that will not be refuted in all likelyhood. The city of Lodi power structure chart shows the taxpayers of Lodi on top and the city council is 2nd. Maybe those certain 3 cc should refresh their memories.
Doug Chaney posted at 5:45 pm on Wed, Oct 20, 2010.
Mr. Scott, have you ever seen any of those statements I've made refuted? Maybe that's why Blair King had my email messages all flagged to check them for content before they were sent on. Many I sent to then Mayor Mounce were never received and manager King put me on the city email ignore list and my emails to city department heads, city council members were sent back and refused. I've never had ANY response from any of the present council members, with the exception of Ms. Mounce. The city attorney responds, as does Mr. Hood and Mr. Wood. Public works director Sandelin responds, but I don't get the answers I'm looking for. What Lodi needs is real intelligent and pleasant people as these to represent Lodi as council members. I've sent Hansen many messages concerning LEUD, White Slough sewer plant, the abandoned coal fired power plant, and several different issues asking questions that I thought pertained to certain irregularities and never once received a reply, to both his city and sbcglobal url. I was told that LUSD gave DGP permission to delete the school and the city council changed the densities of the residential drastically. Mr. Jackson, you should watch the council meetings every Wednesday and you'd be privy to the same info I am. The rest is in the cc meeting and city website archives. You just have to dig a long way to find what particular records you're looking for, as they're well buried, IMO, just for that purpose. I'm assuming the director of the computer division is paid well to perform tasks such as these. By the way, IMO, he's also one of the good old boys and there was quite an uproar when he was given his position, being considered a nepotistic move by the council at that time. Mr. Jackson, who were you on the past blogs? Lodian, gator, dogs4you, etc.?
Jerome Kinderman posted at 1:29 pm on Wed, Oct 20, 2010.
Mr. Scott, why would you think it's "only right" to call out anyone on this forum? How does that add to the discourse here? It's pathetic and petty for anyone to do it, regardless of feelings. Let's at least try to act like adults here.
Jackson Scott posted at 12:54 pm on Wed, Oct 20, 2010.
Well, since Mr. Chaney is calling out Jerome for being LodiSafeway on the old blogs I feel it is only right to ID Doug as... wait, how many usernames did you have T&C? How many times did Rich & Marty ban you from the old blogs? You are a legend for sure: Official dubber of the term "GOB," constant conspiracy theorist, and author of outlandish speculation.
Really? So now Dale Gillespie and one of the (here's my fav name you invented) "Three Ayemeegos" are actually in business together? If you have proof take it to the DA, Grand Jury, LPD, or a trusted lawyer.
It is amazing how you, Doug, throw out things like the park & school being eliminated yet dont mention the fact that the housing market tanked, school enrollment has since dipped near RR, but you always make reference to some sort of backroom deal, made over cocktails, and probably in violation of the Brown Act. roflmao, you need a life dude.
Now, dont get me wrong, I'm not voting for those two idiots on the CC next month, but your claims for the past few years since you moved to Lodi are simply ridiculous.
Julie Barsby posted at 11:46 am on Wed, Oct 20, 2010.
This is very exciting! I will shop at both Best Buy and Costco!
I welcome a Super WalMart too!
Doug Chaney posted at 11:28 am on Wed, Oct 20, 2010.
It's great to see development happening at RR. Will Mr. Gillespie be paying his redevelopment fees anytime soon and show proof that he has purchased replacement acreage for the farmland that he was allowed to plow under by this infamous city council, of whom many are rumored to be his close friends and some even business partners? And, as rumored accreage borrowed from someone else? Why was the developer permitted to sell the parcel that Costco is building on to Costco? Is that some kind of ruse to delay or excuse this developer from paying his redevelopment fees? What's going on here, council? I watched the meeting and again, Hansen, Johnson and Katzakian, approved this deal that allowed the sale of this parcel to Costco by this developer and there has to be, in my opinion, a scheme that is being slowly hatched here. Can anyone at city hall show me where those redevelopment funds are and if any have been paid? You were going to run the out of town developer of the new DMV project out of town a few weeks back, yet you allow your good old boy local developer to get special favors. How about the major changes at RR to accomodate this project and developer? You 3 male councilmen allowed him to delete the park, school, and increase the housing densities drastically to allow for more mini homes, which means more parcels and greedy profits, and now allow him to sell that land to Costco, unless it could be one of those "ghost" transactions that aren't what they seem to be? If the local good old boy developer maybe doesn't have the funds or funding to pay up, then run him out of town like you threatened to do with the out of town developer of the new DMV building. Please voters, cast your votes for anyone rather than the 2 slickster good old, and I mean OLD, boys that only bring more greed and ever higher sewer, water and electric rates to Lodi taxpayers to only line the same pockets of their friends, family, business associates, wealthy good old boys and, of course, themselves. Don't these wealthy interests have huge bank and investment accounts and live the lavish good old boy lifestyle? But, of course, they are an LLC, which doesn't allow them to be personally liable for any assets concerning their business whether they are honest or just another LLC that goes broke every day owing employee wages, creditors, etc., and leave all interests aside and walk away completely unpunished.
Doug Chaney posted at 10:51 am on Wed, Oct 20, 2010.
Lodisafeway, still on your superWalmart rant, I see?
Jerome Kinderman posted at 10:12 am on Wed, Oct 20, 2010.
Ms. Smith asks “...is Lodi and the Lodi First (or whatever current name they go by) only concerned about big stores taking from ‘mom and pops’ if their name is Walmart?”
In a word, yes. That’s precisely what it means. The hatred for Wal-Mart - not only here in Lodi, but practically throughout the world - mystifies me. To hear it told, Wal-Mart is “evil.” Not just the people who run it, but the actual corporation itself. They point to the myriad lawsuits and other legal actions against the corporate behemoth as proof that it’s inherently bad, while ignoring all of the good it does: jobs, taxes, community involvement, charities, etc. It’s natural that in such a litigious society that the bigger a company, the deeper its pockets must be - so lawsuits are filed mostly to be settled for their nuisance values.
I have yet to learn anything about Wal-Mart that would lead me to believe that its business plan is in any way nefarious in nature; it’s just a company that has enjoyed enormous success while providing thousands upon thousands of people worldwide with employment and a path to success.
Ann Smith posted at 8:12 am on Wed, Oct 20, 2010.
Love Best Buy. Glad to have one in Lodi. My only issue is this is a huge store just like Costco. So is Lodi and the Lodi First (or whatever current name they go by) only concerned about big stores taking from "mom and pops' if their name is Walmart?
Jerome Kinderman posted at 7:12 am on Wed, Oct 20, 2010.
Considering that Costco sells discounted electronic devices and Best Buy has relied on substantial markup, this is a classic case of capitalism at its best. Both stores, to a large degree, share the same customer base. Toss in the fact that Costco also deals with groceries, aren't there other markets that may be threatened by it as well?
I'm happy to see both stores opening. Jobs and tax revenue are heading their way to Lodi. No complaints here. Now if we could just get Wal-Mart to break ground on that one vacant corner at Kettleman Lane and Lower Sacramento Road. Or is its expansion still considered something that will threaten our "small town" atmosphere? One will need to square that with the opening of the aforementioned stores (and whatever else will accompany them) at Reynolds Ranch.
Manuel Martinez posted at 12:52 am on Wed, Oct 20, 2010.
All I can say to this is: sweet!