Tag: electronics retailer

Retail Types, Stores

Best Buy poised to emerge a ‘winner’ as it leans on curbside, digital

May 21, 2020

Via: Retail Dive

In the retail world, Best Buy was particularly well equipped to navigate the rapid changes wrought by the COVID-19 crisis. As consumers shifted their shopping to online and contactless channels, Best Buy’s years of investments in those areas helped it […]

News & Trends

Apple’s revenue miss threatens Best Buy

January 4, 2019

Via: Retail Dive

This isn’t the first time Apple shook Best Buy. A little over a year ago the electronics retailer blamed a $100 million third-quarter revenue shortfall on the late introduction of the Apple iPhone X. At the time it was anticipated […]

News & Trends

Amazon beats Best Buy as top electronics retailer

April 17, 2018

Via: Retail Dive

Consumers continue to seek out brick and mortar when it comes to shopping for consumer electronics. Those selling in that category that are opening stores include Dollar General (1,116 new locations last year), AutoZone (527), Dollar Tree (500) and Walgreens […]

News & Trends, Stores

Hhgregg warns of 11% sales drop

January 7, 2016

Via: FierceRetail

Final holiday financial results aren’t in, but electronics retailer hhgregg (NYSE:HHG) released an early report warning of poor sales during the season. The retailer estimates sales of $593 million, an 11 percent drop from last year’s $666 million during the […]