Best Buy

Pops of Pink and a Dash of Taylor Swift: Resolutions Retailers Must Make for 2024
Pops of Pink and a Dash of Taylor Swift: Resolutions Retailers Must Make for 2024
December 30, 2023  |  Retail

A few years ago, many consumers focused on enhancing their beauty routines, setting up home offices, and engaging in at-home fitness activities, with companies like...

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DoorDash Adds Best Buy to on-Demand Delivery Platform
DoorDash Adds Best Buy to on-Demand Delivery Platform
November 29, 2023  |  Delivery

DoorDash is offering on-demand delivery of consumer electronics from Best Buy. The new partnership marks the appearance of a national consumer electronics retailer on the...

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Retailers Play the Value Card to Capture Consumer Spend
Retailers Play the Value Card to Capture Consumer Spend
November 28, 2023  |  Retail

Whether a retailer rang up a sales symphony or lagged behind this quarter, they all evaluated a common make-or-break factor: the significance of delivering value...

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Retailers Expect Interest Rates and Inflation to Slow Holiday Spending
Retailers Expect Interest Rates and Inflation to Slow Holiday Spending
November 21, 2023  |  Retail

Retailers are reportedly bracing for a tough holiday season, with economic demand slowing and outlooks mixed. Despite offering higher discounts and competitive promotions, retailers are...

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As Deal Seekers Surface, Best Buy Introduces Curated Shopping and Store Experiences
As Deal Seekers Surface, Best Buy Introduces Curated Shopping and Store Experiences
November 21, 2023  |  Retail

As customers embrace value, Best Buy is emphasizing promotions and in-store experiences, aiming to create compelling reasons for them to make it to the checkout...

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Best Buy Lowers Sales Outlook as Black Friday Looms
Best Buy Lowers Sales Outlook as Black Friday Looms
November 21, 2023  |  Earnings

Best Buy says cooling consumer demand for appliances helped drive down third-quarter sales. The company’s drop in revenue led it to lower its annual sales forecast Tuesday (Nov....

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As Delivery Fees Pick Up, Primark, Joann Enhance BOPIS Offering 
As Delivery Fees Pick Up, Primark, Joann Enhance BOPIS Offering 
September 12, 2023  |  Retail

Today, consumers crave the ability to maximize their precious free moments, and convenience in shopping is the key to achieving this. Not only does convenience...

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Consumers’ Cautious Return to Spend Leaves Discretionary Retailers Like Best Buy Struggling
Consumers’ Cautious Return to Spend Leaves Discretionary Retailers Like Best Buy Struggling
September 06, 2023  |  Consumer Finance

Earnings statistics suggest that consumers are not quite feeling comfortable about freely spending again — at least for retailers of nonessential goods.  Much to the...

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Omnichannel Boosts Best Buy in Q2 as Nearly One-Third of Sales Are Generated Via App
Omnichannel Boosts Best Buy in Q2 as Nearly One-Third of Sales Are Generated Via App
August 29, 2023  |  Earnings

Best Buy reported better-than-expected second quarter 2023 financial results on Tuesday (Aug. 29), attributing it to the company’s “strong operational execution” and the ability to balance industry sales...

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