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international business
Best Buy says demand weakness to bottom out by year end, sales decline narrows
FILE PHOTO: A person walks in front of Best Buy during Black Friday sales in Chicago, Illinois, U.S.,, November 25, 2022. REUTERS/Jim Vondruska/File Photo
international business
Best Buy signals more pain for electronics retailers with muted profit forecast
FILE PHOTO: A shopper pushes a cart with a TV in front of a Best Buy store during Black Friday sales in Chicago, Illinois, U.S., November 25, 2022. REUTERS/Jim Vondruska/File Photo
international business
Best Buy forecasts smaller drop in annual sales ahead of holiday season
FILE PHOTO: The Best Buy logo is seen at a store in Manhattan, New York City, U.S., November 22, 2021. REUTERS/Andrew Kelly/File Photo
international business
Last-minute Christmas shopping might be back in vogue this year, Best Buy executives say
FILE - A woman walks with a boy to the Best Buy store at the Mall of New Hampshire, Tuesday, Aug. 4, 2020, in Manchester, N.H. Best Buy, the nation's largest consumer electronics chain, cut its annual sales and profit forecast Wednesday, July 27, 2022, citing surging inflation that has dampened consumer spending on gadgets. The Minneapolis-based company echoed Walmart, which earlier this week said higher prices on basic necessities are forcing shoppers to cut back on discretionary items. (AP Photo/Charles Krupa, File)
u.s. business
Best Buy sees lower TV, computer sales as inflation hits shoppers’ wallets
FILE PHOTO: A person enters a Best Buy store in Manhattan, New York City, U.S., November 22, 2021. REUTERS/Andrew Kelly/File Photo
international business
Best Buy forecasts holiday quarter sales below estimates as supply issues loom
The Best Buy logo is seen at a store in Manhattan, New York City, U.S., November 22, 2021. REUTERS/Andrew Kelly
u.s. business
Best Buy raises its annual sales forecast as electronics demand holds strong
A sign marks a Best Buy store in Boston, Massachusetts, U.S., May 26, 2021. REUTERS/Brian Snyder
u.s. business
Best Buy raises full-year comparable sales forecast on stimulus spending boost
A sign marks a Best Buy store in Boston, Massachusetts, U.S., May 26, 2021. REUTERS/Brian Snyder
report on business
Super Channel owner asks court to block sale of devices it says are used to pirate TV content
Law concept: pixelated Copyright icon on digital background, empty copyspace for card, text, advertising, 3d render
u.s. business
Cyber Monday set to be biggest online shopping day in U.S. history
FILE PHOTO: Amazon packages are pushed onto ramps leading to delivery trucks by a robotic system as they travel on conveyor belts inside of an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, U.S., December 2, 2019. REUTERS/Lucas Jackson/File Photo
u.s. business
Best Buy reports 33% rise in third-quarter profits, sales up 21%
Customers wait outside of a Best Buy store in downtown Toronto, Ontario on November 23, 2020 to pick up their online orders. - Canada's largest city Toronto and much of its suburbs will be placed under lockdown beginning November 23 due to the spread of Covid-19, Ontario Premier Doug Ford announced. The lockdown, whose restrictions include a ban on indoor private gatherings, will last at least 28 days and violators can be fined CAN$750 ($570). Retail businesses in the city have been restricted to curbside pickup only and all restaurants are takeout or delivery only. (Photo by Geoff Robins / AFP) (Photo by GEOFF ROBINS/AFP via Getty Images)
carrick on money
Amazon aces convenience, but what about cost?
Rob Carrick
international business
Holiday shopping season coming earlier than ever as retailers fear shipping crunch
MIAMI, FLORIDA - AUGUST 19: A target store is seen on August 19, 2020 in Miami, Florida. The company announced record-setting sales growth online and at established stores over the past three months causing Target shares to go up by more than 12%. (Photo by Joe Raedle/Getty Images)
international business
Best Buy shares rise 4 per cent as online shopping drives up sales
People wearing facemasks walk past a Best Buy store near Union Square on June 25, 2020 in New York City. - New York businesses opened their doors to returning waves of workers June 22 as the city that was once the epicenter of the global pandemic marked an important milestone in its return to normalcy, even as other US states were seeing an alarming rise in COVID-19 cases. (Photo by Angela Weiss / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)
u.s. business
Walmart to mandate customers wear face masks in all U.S. stores
(FILES) In this file photo the Walmart logo is seen on a store in Washington, DC, on March 1, 2019. - Walmart announced on July 15, 2020 that it would require shoppers to wear face masks, joining an increasing number of businesses in mandating the protection amid the latest spike in US coronavirus cases. The world's biggest retailer, which had previously encouraged masks on consumers but not required them, said the mandate would take effect July 20. (Photo by NICHOLAS KAMM / AFP) (Photo by NICHOLAS KAMM/AFP via Getty Images)
u.s. business
Best Buy sees margin pressure as online demand raises delivery spend
FILE PHOTO: People wait for purchases outside of a Best Buy store due to the outbreak of coronavirus disease (COVID-19) in Arlington, Virginia, U.S. April 10, 2020. REUTERS/Joshua Roberts/File Photo
u.s. business
Best Buy warns of profit, sales hit on coronavirus fallout
FILE - In this Aug. 27, 2019, file photo, the Best Buy logo is shown on a store in Richfield, Minn. Best Buy said Tuesday, Feb. 4, 2020, that CEO Corie Barry will continue to lead the company after its board completed an investigation into allegations against her in an anonymous letter. (AP Photo/Jim Mone, File)
u.s. politics
Democratic presidential candidate Pete Buttigieg releases list of McKinsey clients, Loblaws included
WASHINGTON, DC - JANUARY 23: Mayor of South Bend, Indiana, Pete Buttigeig speaks during a news conference January 23, 2019 in Washington, DC. Buttigeig held a news conference to announce that he is forming an exploratory committee to run for the Democratic presidential nomination. (Photo by Alex Wong/Getty Images)
stars and dogs
The Globe’s stars and dogs for the week
u.s. business
Best Buy’s cheery forecast signals a robust holiday-shopping season
A sign marks a Best Buy store in Burlington, Massachusetts, U.S., November 25, 2019. REUTERS/Brian Snyder
international business
Black Friday could be particularly dark for retailers struggling to reduce dependence on mall traffic
People shop during a Black Friday sales event at Macy's store on 34th St. in New York on Nov. 22, 2018.
u.s. business
Best Buy keeps full-year view, warns of higher prices from more tariffs
FILE PHOTO - People wait in line to shop at Best Buy during a sales event on Thanksgiving day in Westbury, New York, U.S., November 22, 2018. REUTERS/Shannon Stapleton