-
The best Black Friday deals at Best Buy came early, available both online and in-stores.
-
Consumer electronics retailer Best Buy warned of a slowdown in sales in the third quarter as it faces risks from the coronavirus pandemic including unemployment, lower government stimulus and potential product shortages. The company’s shares fell as much as 7.4 percent in early trading on Tuesday after it said sales growth, driven by record online …
-
While many Americans have used their stimulus checks to cover basic needs such as groceries and paying off their mortgage or rent, there’s evidence people are also spending the money on non-essentials including electronics, clothes and toys, according to major retailers. “Call it relief spending, as it was heavily influenced by stimulus dollars, leading to …
-
Best Buy said on Thursday it expects profit margins to be under pressure in the second quarter, as it spends more on expanding delivery services to support a surge in online shopping from people staying at home due to the COVID-19 pandemic. The company’s shares, which have gained nearly 60 percent in the last two …
-
Best Buy said on Wednesday it would furlough about 51,000 hourly US store employees and that its sales dropped about 5 percent in the first two months of the current quarter, as the electronics retailer kept its stores shut due to the coronavirus pandemic. The company said that starting next week, some corporate employees would …
The best Black Friday deals at Best Buy came early, available both online and in-stores.
