Sales were tougher to come by at Best Buy, but the retailer managed to improve earnings significantly in the first quarter. Net earnings were $246 million, or $1.13 per diluted share, versus $244 million, or $1.11 per diluted share in the year-earlier quarter....
In the 2021 November/December, holiday season retail sales grew 14.1% from those in 2020 to $886.7 billion, the National Retail Federation announced, beating its own forecast and setting a new record despite challenges from inflation, supply chain disruptions and the...