Live commerce platform TalkShopLive has announced that it has developed a partnership with Best Buy that will result in customers getting the option for in-store pickup for the first time. The livestream partnership will allow for elimination of costly shipping...
Market researcher Numerator has pegged Amazon as the Black Friday Weekend sales leader. In its report on the shopping period, Numerator stated: Amazon captured 17.7% of dollars spent, which was a jump from its average 10.1% share in the latest 52 weeks ending...
With the Thanksgiving to Cyber Monday 2022 shopping period in the past, Numerator revealed research on consumer response to the economics, operations and promotions that influenced the day. According to Numerator: 87% of Thanksgiving weekend shoppers revealed that...
Best Buy sales and earnings tumbled in the third quarter, but they still came in ahead of a Wall Street estimate. For the quarter, net earnings were $277 million, or $1.22 per diluted share, versus $499 million, or $2 per diluted share, in the year-earlier quarter,...
Best Buy second-quarter sales and earnings slipped — although not as much and Wall Street expected — as it struggled against headwinds and comparisons. Net earnings in the quarter were $306 million, or $1.35 per diluted share, the company reported, versus $734...