Best Buy Co. posted lackluster sales growth heading into the holiday season, one of the few large chains unable to capitalize on high consumer demand for electronics and other goods.

The electronics retailer said comparable sales—those from stores and digital channels operating for at least 12 months—rose 2% in the quarter ended Oct. 30 from a year earlier, when they jumped 22%.

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Your email address will not be published.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

U.S., U.K., Australia to work together on hypersonic missiles

WASHINGTON — The United States, United Kingdom and Australia announced Tuesday they…

Airbnb guest ties up and robs Georgia homeowner at gunpoint, police say

BUFORD, Ga. — Police say a man who used Airbnb to rent…

Jan. 6 rioters the far right claimed were antifa keep getting unmasked as Trump supporters

WASHINGTON — In nearly three years since a mob of Donald Trump…

Biden Aims Sanctions at Russian Military, Banks, Elites

WASHINGTON—President Biden promised to make Russian President Vladimir Putin an international pariah…