1. Department: Nonfood

Best Buy warns tariffs may drive up prices

Written by Posted on Less than 0 min read

The consumer electronics retailer saw sales fall and profits plunge in both its fourth quarter and full year.

View Original Article
Post Views: 118
Member since
Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics such as the future of brick-and-mortar, retail technology, e-commerce, marketing, payment technology, in-store operations, omnichannel shopper journey, and more. Retail Dive is a leading industry publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 7+ million decision makers in the most competitive industries. https://www.retaildive.com/
Do you like RetailDive's articles? Follow on social!

More from RetailDive

  1. Department: HBC

Madison Reed lands in Sally Beauty

The direct-to-consumer hair color company continues to build out its roster of wholesale partners, which also include Walmart and Ulta Beauty. View Original Article Walmart Dept. HBC Consumers Post Views: 23 RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends […]
< 1 min read
0
  1. Shopper & Customer

Will shoppers turn to secondhand for value this holiday?

A new report from ThredUp and GlobalData found that consumers could use about 40% of holiday budgets on secondhand gifts. View Original Article Consumers Shoppers Holiday & Events Dept. Nonfood Recommerce Post Views: 21 RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful […]
< 1 min read
0
  1. Channel: Mass

Walmart Marketplace expands into premium beauty, collectibles and pre-owned categories

​[[{“value”:” Dive Brief As the retailer vies for collectibles shoppers and share in the secondhand market, it faces competition from established players like eBay. Published Aug. 29, 2024 By Tatiana Walk-Morris Walmart Marketplace has seen over 30% sales growth in each of the past four quarters, according to the company. Courtesy of Walmart “}]]  View Original Article Walmart […]
< 1 min read
0
  1. Stores & Formats

GameStop to close ‘significant number’ of stores, invest in bitcoin

The closures are on top of the company shuttering nearly 600 U.S. locations last year. View Original Article Brick and Mortar Crypto Post Views: 32 RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, […]
< 1 min read
0
  1. Corporate Strategy

Macy’s doubles down on its ‘three-brand portfolio’

CEO Tony Spring said that Macy’s, Bloomingdale’s and Bluemercury are stronger together thanks to back-end synergies. View Original Article Executives Post Views: 111 RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and […]
< 1 min read
0
  1. Stores & Formats

Nordstrom turns to notable New Yorkers for its second NYC campaign installment

New York is a critical market for retailers, one that Nordstrom wants to celebrate while highlighting the services at its flagship store.  View Original Article Flagship Stores Post Views: 76 RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The […]
< 1 min read
0
  1. Department: HBC

The Weekly Closeout: Rhode’s road to growth and department store sales wobble

The Hailey Bieber-founded beauty brand could soon reach $500 million, while the department store sector fell in June. View Original Article Dept. HBC Post Views: 29 RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email […]
< 1 min read
0
  1. Corporate Strategy

Target CEO Brian Cornell to exit

The executive shaped the mass retailer’s reputation and performance for over a decade. He will be succeeded by COO Michael Fiddelke. View Original Article Target Executives Post Views: 21 RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. […]
< 1 min read
0
  1. Uncategorized

Private equity firm buys controlling stake in True Religion

The deal with Acon Investments comes as the denim brand looks to diversify its product offering and expand its reach. View Original Article Post Views: 109 RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email […]
< 1 min read
0
  1. Agencies & Vendors

After 3 years of consistency, toy prices are on the rise

The industry is showing strength, as consumers are anticipating even higher prices, according to a Circana report. View Original Article Insight Providers Vendors Consumers Post Views: 21 RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily […]
< 1 min read
0
  1. Corporate Strategy

Retail recorded nearly 40 CEO exits through July

Chief executive departures in the industry doubled compared to the same period last year, with exits announced from Target, L.L. Bean and others. View Original Article Target Executives Post Views: 30 RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends […]
< 1 min read
0
  1. Shopper & Customer

Economic blackout urges US consumers to avoid purchases Friday

The People’s Union USA wants shoppers to abstain from making in-store or online purchases, but research shows just 16% plan to participate. View Original Article Associates Marketing: In Store Consumers Technology & Innovation Economy Shoppers Post Views: 121 RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into […]
< 1 min read
0
  1. Trends & External Forces

US consumers adjust spending in response to tariffs

​[[{“value”:” Dive Brief Behavior shifts are happening in real time as shoppers feel economic stress caused by levies, according to a Savanta report. Published July 10, 2025 By Tatiana Walk-Morris More than half of respondents to a recent survey believe that tariffs will hurt the economy, while 48% said they expect tariffs to increase over the next year. […]
< 1 min read
0
  1. Operations & Supply Chain

Lululemon returns to stronger growth with 9% revenue jump

As the brand looks to drive growth in North America, revenue in that region increased 2%, but comps still declined.  View Original Article Returns Dept. Apparel Post Views: 171 RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily […]
< 1 min read
0
  1. Technology & Innovation

How edge AI is transforming retail operations

​[[{“value”:” Retail is experiencing a transformation on the scale of a once-in-a-century shift, fueled by the power of edge AI and breakthrough technologies that are redefining what’s possible for the industry. Imagine a world where inventory is flawlessly tracked in real-time, customer experiences are fully personalized and store operations run with precision—all powered by AI […]
4 min read
0
  1. Trends & External Forces

The Weekly Closeout: Small businesses sue over tariffs, Under Armour adds PE exec to board

A group of small businesses banded together to challenge the Trump administration’s authority to levy tariffs, while the athletics retailer added a board director from Sycamore Partners. View Original Article Executives Government Post Views: 64 RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful […]
< 1 min read
0
  1. Trends & External Forces

Hobby Lobby to raise starting pay to $19.25 per hour

The arts and crafts retailer has continued opening stores despite inflation’s effects on consumer discretionary spending. View Original Article Economy Consumers Brick and Mortar Post Views: 168 RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily […]
< 1 min read
0
  1. Stores & Formats

Mango founder Isak Andic dies

The apparel company he founded 40 years ago has grown to 2,800 stores in more than 120 countries and is in the midst of expanding its U.S. footprint. View Original Article Brick and Mortar Dept. Apparel Post Views: 164 RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and […]
< 1 min read
0
  1. Acquisitions, Divestitures & Mergers

Walgreens shareholders approve $10B Sycamore acquisition

The transaction, expected to close in Q3 or Q4, will take the company private after nearly 100 years as a public company. View Original Article Walgreens Acquisition Post Views: 29 RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon pilots AI app feature that can buy items from third-party sites

Buy for Me can purchase eligible products from third-party sites without customers leaving the Amazon Shopping app. View Original Article Editor's Choice Amazon AI Technology & Innovation Post Views: 151 RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping […]
< 1 min read
0
5
Next