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Best Buy announced that it will close some of its stores, according to a recent earnings call by the company. The electronic retail giant plans to close between 10 to 15 stores by 2025 ...
Best Buy cut its annual outlook on Thursday after the nation's largest consumer electronics chain reported a profit decline and stagnating sales for its fiscal first quarter amid shoppers' worries ...
Best Buy cut its sales and profit guidance for 2025 due to the ongoing uncertainty caused by the trade war sparked by President Donald Trump. The Richfield-based electronics retailer adjusted its ...
Best Buy expects declining tech sales to hit a low this year before stabilizing, in another sign of consumer caution around discretionary spending and retail purchases. The consumer electronics ...
President Trump's tariffs are taking a toll on Best Buy (BBY) just as the company is starting to turn sales around. Best Buy stock plunged 13% on Tuesday as a new round of tariffs was imposed on ...