Best Buy Co. continued benefiting from online sales and items that support homebound customers during the coronavirus pandemic but warned that those gains will taper off.

The retailer booked strong sales in the early weeks of November, helped by orders of the new PlayStation and Xbox consoles, and from early Black Friday deals. But product shortages remain a challenge for the company in the face of high demand, particularly in categories such as large appliances and computing, executives said.

For…

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Trump lawyers seek to narrow special counsel’s proposed protective order in election case

Donald Trump’s lawyers on Monday asked a judge to narrow the protective…

FAA proposes more than $60,000 in fines against unruly passengers amid mask fights

Five unruly passengers are facing fines totaling more than $60,000 from the…

Mack Trucks employees go on strike after rejecting contract

Workers at Mack Trucks have gone on strike Monday after rejecting a…

Embattled attorney Alex Murdaugh indicted in slayings of wife and son

A grand jury indicted embattled South Carolina attorney Alex Murdaugh on murder…