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Best Buy’s CEO says she isn’t planning for a ‘full recession’ — and she’s not alone

In an earnings call Tuesday, Best Buy CEO Corie Barry said that she is "not planning for a full rec…

Gabrielle Bienasz   


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4 critical reasons hiring is so hard right now, from child care issues to a changing retail environment due to COVID, according to Best Buy's CEO

Between major issues with childcare and major health risks due to COVID, these are 4 critical reaso…

Ben Gilbert   


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Best Buy's digital sales are still surging thanks to the pandemic — but the company warned things could soon slow down

November sales have been strong so far, executives said, but they warned some of that could be a "p…

Grace Dean   


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Best Buy CEO Corie Barry will remain in her role after an investigation that was prompted by an anonymous letter

"The board takes allegations of misconduct seriously regardless of who is the subject," Best Buy's …

Hayley Peterson   


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Best Buy just laid off a bunch of Geek Squad workers

Best Buy CEO Corie Barry hinted at the cuts in February, citing inflationary pressure and investmen…

Dominick Reuter   


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Even Best Buy's CEO thinks laptops haven't seen enough innovation recently to convince you to replace your aging one yet

"Right now there isn't any massive current innovation that would spur you to go buy a new laptop," …

Dominick Reuter   


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Macy's and Best Buy are banking on small-format stores to lower costs and boost consumer convenience amid an ever-shifting retail landscape

Retailers have increasingly scaled back their physical footprints to not only reduce costs but boos…

John L. Dorman   


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Splurging on Taylor Swift tickets and a 'funflation' economy is hitting Best Buy's sales, says its CEO

"'Funflation,' Taylor Swift… those experiences are really where people are willing to pay," said Co…

Kai Xiang Teo   


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Uber's CEO confirms 'the Taylor Swift effect' is very real

"Uber definitely ups its game for Taylor when she comes to town," CEO Dara Khosrowshahi said in a r…

Ana Altchek   


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How Best Buy is winning the war against retail theft

Target, Walmart, Dick's, and other retailers warned of rising retail theft. But Best Buy says theft…

Hayley Peterson   


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4 mins read

These 40 House Republicans voted against millions of dollars in federal funding that they secured for their districts

Rep. Lauren Boebert voted against what she called the "Swamp Omnibus," even though her district wil…

Bryan Metzger   


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Best Buy declares the 'low point' in tech sales after years of declines

Best Buy CEO Corie Barry said shoppers are spending more on experiences and preparing for the retur…

Hayley Peterson   


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3 mins read

Costco, Lowe's, Best Buy, and Tractor Supply are winning the battle against retail theft in a strikingly similar way

Costco, Lowe's, Best Buy, and Tractor Supply are succeeding in keeping an increase in retail crime …

Dominick Reuter   


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Best Buy plans to open more outlet stores selling used and refurbished items as consumers pull back on buying new electronics

The outlet stores, which Best Buy began opening in 2021, allow customers to shop for open-box elect…

Avery Hartmans   


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1 min read

Best Buy falls 17% as wave of organized retail theft hits the big box electronics chain, squeezing profit margins

"We are definitely seeing more and more organized retail crime and incidence of shrink in our locat…

Matthew Fox   


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Coordinated smash-and-grab robberies are 'traumatic experiences' for Best Buy workers, and could worsen the company's labor challenges

Armed and coordinated burglaries are on the rise at Best Buy stores and that has workers concerned …

Dominick Reuter   


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Best Buy says the hot housing market is boosting the need for TVs and at-home installations

Best Buy reported an increase in TV sales and at-home installations, contributing this spike to the…

Aleeya Mayo   


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Timeline shows the spree of smash-and-grab robberies — mostly in California — stripping stores and terrifying staff

Robbers swarmed stores across San Francisco and beyond almost every night for the last 10 days, in …

Mia Jankowicz   


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Best Buy posts a 242% spike in online sales behind 'products that help people work, learn, connect, and cook at home,' CEO says

Best Buy CEO Corie Barry says that many of the changes pertaining to ecommerce and omnichannel shop…

Áine Cain