Today's Hard|Forum Post
Today's Hard|Forum Post

Saturday January 12, 2013

Best Buy Holiday Sales Slide Even with Online Boost

Best Buy reported its financial figures for the nine week sales period covering the all-important holiday sales. The sales revenue was down overall with online sales up by 10%. Even though the online sales improved, it was not enough to counter the weak in-store sales this holiday season.

"During the most important period in the retail calendar آ– the holiday sales season آ– we were able to improve our Domestic comparable store sales trends compared to the performance of the last several quarters and continue our strong traffic growth in our online business.