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Best Buy says electronics demand could pick up again

Aug 31, 2023
Demand for consumer electronics has fallen since the early days of the pandemic. But Best Buy says electronics demand could stabilize in the near future, or even grow.
The CEO of Best Buy said that this year could be a low point for electronics demand. And that next year, demand could slowly start to pick up.
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Best Buy to announce earnings amid looming tariff threats

Aug 28, 2019
Best Buy reports quarterly earnings, as the shadow of tariffs looms against consumer electronics made in China.
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Changing supply chains isn't as easy as 1, 2, 3

May 22, 2019
Some companies are better suited to change where they get things made than others.

What's ahead for Best Buy's new CEO?

Apr 15, 2019
Corie Barry will replace Hubert Joly in June.
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Amazon moving into Best Buy with built-in Alexa smart TVs

Apr 19, 2018
Amazon and Best Buy are partnering to sell televisions. As part of the deal, Best Buy will sell Amazon smart TVs in their stores and on Amazon as a third-party merchant. What’s bringing two apparent rivals together to sell expensive gadgets to consumers? Click the audio player above to hear the full story. 

Retailers launch TV campaign to battle proposed tax on imported goods

Mar 2, 2017
Best Buy released earnings this week, at a time when retailers are concerned about the imposition of a border adjustment tax. The National Retail Federation has launched a media campaign hoping to win consumers over by pointing out how costs of everyday purchases will go up. The TV ad is airing on “Fox and Friends” […]

Oculus pop-up closings signal trouble in virtual reality market

Feb 9, 2017
Facebook will close hundreds of its virtual reality demo stations in Best Buy stores.
A woman wears Oculus goggles at a press event in San Francisco.

For public good, not for profit.

How is Best Buy's turnaround going?

Aug 25, 2015
The electronics chain has made progress since a new CEO came on board.

Best Buy's website is trying to take on Amazon

May 22, 2014
But, of course, the web is tough for traditional retailers.

Why the demise of brick and mortar stores may not be such a big deal for the economy

Jan 16, 2014
It sounds cold-blooded, but with shopping habits changing fast, the demise of the brick and mortar store may not matter much to the economy in the long run.
Customers shop for electronics items during Black Friday at a Best Buy store in San Diego, Calif.
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