Best Buy CEO: Trump tariffs will lead to price increases later this year
President Trump's tariffs are taking a toll on Best Buy (BBY) just as the company is starting to turn sales around. Best Buy ...
Best Buy’s Social+ Platform Signals Retail Media’s Off-Site Future
Social+ allows brands to extend their retail media campaigns to Meta's social platforms. The new capability reflects a broader trend toward off-site media from retailers.
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Best Buy Stock Sinks as Retailer Warns About Tariffs and Inflation
David Paul Morris / Bloomberg via Getty Images Best Buy warned that new tariffs and inflation will negatively impact its business, and shares plunged nearly 15% to lead S&P 500 decliners.
Target, Best Buy CEOs warn of price increases as tariffs take effect
The heads of major retail companies are warning that their profits could be impacted by tariffs and that prices could rise, some as soon as this week.