Best Buy will sell luggage, grills as it seeks to capitalize on reopening economy, housing market [MSNBC.com]
Best Buy Co., Inc. (BBY)
Last best buy co., inc. earnings: 2/27 07:00 am
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Source: MSNBC.com
In this articleA view of a Best Buy retail store on August 29, 2019 in San Bruno, California.Justin Sullivan | Getty ImagesThe consumer electronics retailer said Tuesday thatshoppers can now find Tumi suitcases, Weber grills and other outdoor itemsWith the move, Best Buy joins other retailersbreaking into new categoriesLowe'ssuch as outdoor toys like trampolines, small appliances like air fryers and exercise equipmentWalmartTargetBest Buy's online sales in the U.S. rose 144.4% last fiscal year, as Americans bought computer monitors, tablets, kitchen appliances and other tools to work, learn and cook at home. The company got alift from stimulus spending in the first quarterIts online sales growth in the U.S. slowed to 7.6% year-over-year in the first quarter and reflected the tough year-over-year comparisons the retailer faces in the coming months.With luggage and home-related merchandise, Best Buy is betting that the reopening economy and strength of the real estate market can drive s
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News
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- Best Buy (BBY) Stock Falls Amid Market Uptick: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Best Buy (BBY) Rides on Membership Program, Health Services [Yahoo! Finance]Yahoo! Finance
- Best Buy (BBY) Stock Dips While Market Gains: Key Facts [Yahoo! Finance]Yahoo! Finance
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Sec Filings
- 4/19/24 - Form 4
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- 4/19/24 - Form 4
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