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Best Buy

High Earners’ Muted Spending Threatens Electronics and Autos, Boosts Big Box Merchants
High Earners’ Muted Spending Threatens Electronics and Autos, Boosts Big Box Merchants
March 03, 2023  |  Economy

F. Scott Fitzgerald wrote that the rich “are different from you and me.” Fast forward a century from when he penned the words, and today,...

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Best Buy Projects Falling Sales as Consumers Skip Electronic Purchases
Best Buy Projects Falling Sales as Consumers Skip Electronic Purchases
March 02, 2023  |  Retail

Best Buy expects sales will dwindle this year as cash-strapped consumers shun big-ticket home electronics. “As we enter FY24, the consumer electronics industry continues to...

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Social Commerce Platform TalkShopLive Offers In-Store Pickup at BestBuy
Social Commerce Platform TalkShopLive Offers In-Store Pickup at BestBuy
December 12, 2022  |  Social Commerce

Live commerce platform TalkShopLive is joining the ranks of digital retailers offering in-store pickup. The program — set to launch Monday (Dec. 12) night —...

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Best Buy Says Customers Lack Urgency But Are Hungry for Joy 
Best Buy Says Customers Lack Urgency But Are Hungry for Joy 
November 22, 2022  |  Retail

Fighting a highly promotional environment for consumer electronics, Best Buy sees holiday shopping patterns this year returning to some pre-pandemic norms. Reviewing FY23 third quarter financials on...

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Best Buy, Google Join Outsiders in Push to Capture Remote Patient Monitoring Boom
Best Buy, Google Join Outsiders in Push to Capture Remote Patient Monitoring Boom
November 14, 2022  |  Retail

Born of pandemic necessity and a graying U.S. population, remote patient monitoring (RPM) is breaking out all over, as its growth potential draws in retailers...

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As Thefts Continue, Retailers Resort to Locking Goods Away
As Thefts Continue, Retailers Resort to Locking Goods Away
September 27, 2022  |  Retail

While last year’s wave of retail theft seems to have abated somewhat, retailers say shoplifting attempts are still higher than before the pandemic. That’s according...

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Retailers Sharpen in-House Ads to Bring Fresh Revenue, Better Brand Service
Retailers Sharpen in-House Ads to Bring Fresh Revenue, Better Brand Service
September 22, 2022  |  Retail

In some ways, a new ad platform launched today (Sept. 22) by alcohol eCommerce site Drizly is the retail industry equivalent of a dating service. Like many of...

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Best Buy Says Strapped Consumers Cut Back on Home Theater, Computer Purchases
Best Buy Says Strapped Consumers Cut Back on Home Theater, Computer Purchases
August 30, 2022  |  Retail

Best Buy saw a decline in sales during the second quarter, the electronics retailer reported Tuesday (Aug. 30), as consumers shied away from home theater...

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Today in the Connected Economy: The Weather Channel Joins the Subscription Bundle Trend
Today in the Connected Economy: The Weather Channel Joins the Subscription Bundle Trend
August 19, 2022  |  Connected Economy

Today in the connected economy, The Weather Channel begins testing a subscription program in partnership with Trip Advisor and USA Today. Plus, DoorDash ends a...

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