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.
Best Buy reports quarterly earnings, as the shadow of tariffs looms against consumer electronics made in China.
Some companies are better suited to change where they get things made than others.
Corie Barry will replace Hubert Joly in June.
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.
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” […]
Facebook will close hundreds of its virtual reality demo stations in Best Buy stores.
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.