1. Channel: Specialty & Other

Best Buy sales fall 8% as electronics demand stumbles

Written by Posted on Less than 0 min read

​[[“value”:”

Dive Brief

The retailer lowered its guidance as a result of consumer uncertainty, but CEO Corie Barry said the sector should stabilize next year.

Published Nov. 21, 2023

A bright yellow sign against a blue roof says "Best Buy" in bold black letters.

A Best Buy storefront. The retailer is revamping the merchandising in its stores with improved endcaps and more space for new product categories.

Daphne Howland/Retail Dive

“]] 

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