by Mike Duff | May 29, 2025 | Retail Articles
Best Buy lowered company guidance for the fiscal year as it announced that in the first quarter, comparable sales decreased in stores, but earnings did better than Wall Street expected. Net earnings were $202 million, or 95 cents per diluted share, versus $246...
by Mike Duff | Apr 9, 2025 | Retail Articles
To work more closely with social media personalities, Best Buy has established a new platform that allows influencers and creators to partner directly with the company and earn commissions on sales they generate while helping shoppers discover products they might...
by Mike Duff | Mar 5, 2025 | Retail Articles
Best Buy delivered positive comparable sales in the fourth quarter with adjusted earnings and revenue topping Wall Street expectations. In the year-earlier quarter, net earnings were $117 million, or 54 cents per diluted share, versus $460 million, or $2.12 per...
by Mike Duff | Jan 17, 2025 | Retail Articles
Best Buy is getting into the marketplace game with plans to expand the range of products it offers consumers. The company is preparing to launch Best Buy Marketplace, where it plans to feature what’s described in a blog post as even more innovative brands and...
by Chandler Harvey | Dec 20, 2024 | Retail Articles
Retail took some surprising twists in 2024, as the view forward from 2023 didn’t reveal how the way forward would have so many twists and turns. Of course, some developments fell into old patterns and some weaker retailers fell by the wayside. Meanwhile, an...
