Around the Net

Best Buy's Latest Stumbles

With falling second quarter sales, Best Buy still managed to post $146 million in profit. But with few new electronics products to capture consumers’ eyes, the rest of 2014 isn’t looking much better. Chief financial officer Sharon McCollam says she expects to see comparable sales decline “in the low single digits” in both the third and fourth quarters, including the crucial holiday shopping season.

Read the whole story at Washington Post »

Next story loading loading..