US0865161014 - Common Stock
BEST BUY CO INC
NYSE:BBY (12/6/2024, 8:04:00 PM)
After market: 88.17 0 (0%)88.17
-1.63 (-1.82%)
Best Buy Co., Inc. engages in the provision of consumer technology products and services. The company is headquartered in Richfield, Minnesota and currently employs 85,000 full-time employees. The firm operates through two segments: Domestic and International. Domestic segment is comprised of its operations in all states, districts and territories of the United States and its Best Buy Health business, and includes the brand names Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, CST, Current Health, Geek Squad, Lively, Magnolia, Pacific Kitchen and Home, TechLiquidators and Yardbird and the domain names bestbuy.com, currenthealth.com, lively.com, techliquidators.com and yardbird.com. International segment is comprised of all operations in Canada under the brand names Best Buy, Best Buy Mobile and Geek Squad and the domain name bestbuy.ca. Domestic and International segments product categories include Computing and Mobile Phones, Consumer Electronics, Appliances, Entertainment, Services and Other. Computing and Mobile Phones category includes computing, mobile phones, and others.
BEST BUY CO INC
7601 Penn Ave S
Richfield MINNESOTA 55423
P: 16122911000
CEO: Corie Barry
Employees: 85000
Website: https://investors.bestbuy.com/investor-relations/overview/default.aspx
Walmart Inc, Amazon.com and fast-growing e-commerce sites Shein and PDD Holding's Temu saw record-breaking sales on Black Friday and Cyber Monday, according to spending data, suggesting that they may finish the holiday season on a much stronger note than Target and Best Buy, which struggled. Holiday shoppers largely browsed at brick-and-mortar stores, making more online purchases at some retailers, snapping up such items as pre-owned Rolex watches, Pokemon cards and singer Sabrina Carpenter's perfumes at Walmart, and Fire TV streaming devices and Shark vacuums at Amazon during the deal-heavy week, which at Amazon began on Nov. 21, according to company statements.
The November jobs report came in slightly above expectations.
You can grab yourself a massive TV, a new fridge or finish off your Christmas gift shopping for cheap this weekend only.
(Bloomberg) -- Getting the best deals on Black Friday used to require camping out for hours outside a Best Buy or Walmart and then stampeding into a store at the crack of dawn. Now, the savviest bargain hunters are turning to ChatGPT and other AI tools to get the job done.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionKansas City Looks Back on its Long, Costly Ride With MicrotransitRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsJim Malervy, 4
Costco and Walmart stock have outrun many top tech peers in a complex consumer environment.
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