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Your email address will not be published.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

James Bond cameo, tea with Paddington and ‘The Crown’: Queen Elizabeth II’s legacy in pop culture

LONDON — In the 21st century, anyone with a smartphone or an internet…

Man’s hand found on California sidewalk was cut off by sword-wielding person, police say

A man’s hand was cut off by a person swinging around a…

Latino candidates are on the front lines against election deniers as claims of illegal voting target them

This year’s wave of election denier candidates has put Latinos such as…

What would a Covid memorial look like? Designers share ideas for ‘unprecedented’ tribute

WASHINGTON — There is no memorial to the estimated 675,000 people killed…