Chief Executive Corie Barry said Tuesday that since margins in the consumer-electronics industry are tight, Best Buy and its vendors would absorb only some of the added costs from substantial new ...
Best Buy CEO Corie Barry said Tuesday that personal electronics could become more expensive if President-elect Donald Trump carries out his threat to slap new tariffs on foreign goods, as large ...
Even artificial intelligence couldn't make up for flagging consumer demand at Best Buy (BBY ... estimates of declines of 7.5% and 4%. Consumer electronics sales declined 5.8%.
Since Circuit City, the only direct competitor of Best Buy and the second-largest electronics retailer in the U.S., filed for bankruptcy, Best Buy is now competing primarily with retailers such as ...
25, 2024. (AP Photo/Tony Gutierrez, File) NEW YORK (AP) — Best Buy, the nation’s largest consumer electronics chain, reported another quarterly drop in sales as Americans continued to tighten their ...
Best Buy is a fantastic source of discounts for all kinds of consumer electronics, including TVs, and as Black Friday approaches, the retailer will roll out even more discounts. That means some of ...