PYMNTS-MonitorEdge-May-2024

Best Buy

BitPay Enables Consumers to Purchase Best Buy Gift Cards With Crypto
BitPay Enables Consumers to Purchase Best Buy Gift Cards With Crypto
August 19, 2022  |  Cryptocurrency

Crypto payments technology firm BitPay has added Best Buy gift cards to the range of gift cards that it enables consumers to buy with cryptocurrency....

READ MORE >
Best Buy Jumps Into Hearing Aids After FDA Clears OTC Sales
Best Buy Jumps Into Hearing Aids After FDA Clears OTC Sales
August 17, 2022  |  Retail

Best Buy will begin offering Food and Drug Administration (FDA)-regulated hearing aids, following a ruling this week by the federal government allowing over-the-counter (OTC) sales...

READ MORE >
Retail Forecast Cuts Mount as Consumer Worries About Inflation, Recession Intensify
Retail Forecast Cuts Mount as Consumer Worries About Inflation, Recession Intensify
July 28, 2022  |  Retail

It has been said that there’s no hiding from inflation. The effect of increasing prices and the subsequent loss of purchasing power is so unavoidable...

READ MORE >
‘Big Ticket’ Retailers Look to Home Equity as Sales Savior
‘Big Ticket’ Retailers Look to Home Equity as Sales Savior
June 16, 2022  |  Retail

With nearly three-quarters of the U.S. population currently contending with a heat wave, consumer demand for fans, air conditioners, water toys and more will surely...

READ MORE >
Today in Retail: Auto Parts Retailers Face Challenges as Market Evolves; Firework Raises $150M
Today in Retail: Auto Parts Retailers Face Challenges as Market Evolves; Firework Raises $150M
May 24, 2022  |  Retail

Today in retail, Walmart drone delivery service expands to six states while electric vehicle companies use digital screens and apps to promote local merchants. Plus,...

READ MORE >
Best Buy Revises Its FY23 Plans After Q1 Struggle
Best Buy Revises Its FY23 Plans After Q1 Struggle
May 24, 2022  |  Retail

Best Buy hasn’t been able to withstand the economic triple whammy of a pandemic, supply chain snags and a looming recession as well as some...

READ MORE >
Today in Retail: Under Armour Looks to Recover From Unexpected Headwinds; Best Buy Expands Offerings
Today in Retail: Under Armour Looks to Recover From Unexpected Headwinds; Best Buy Expands Offerings
May 06, 2022  |  Retail

Today in retail, Goodyear overcomes supply chain disruptions to record its best first-quarter results in a decade, while Unilever teams with Robomart on hail-able ice...

READ MORE >
Best Buy Adds Health, Outdoor and Transportation Products
Best Buy Adds Health, Outdoor and Transportation Products
May 06, 2022  |  Retail

Best Buy on Friday (May 6) announced it’s expanding some of its existing product lines and adding new ones that will soon be available in...

READ MORE >
Today in Retail: Chatbots Help Car Buyers Get Quick Answers and Service; Consumers Are Spending More but Shopping Less
Today in Retail: Chatbots Help Car Buyers Get Quick Answers and Service; Consumers Are Spending...
April 20, 2022  |  Retail

Today in retail, Victoria’s Secret unveils a brand for tweens while Amazon deploys palm-scan payment at Whole Foods in Austin, Texas. Plus, Capital Automotive Group...

READ MORE >