Sunday November 22, 2015

Best Buy Shows Electronics Aren’t Going To Save Christmas Either

So what’s the real story? That people finally realize most of the stuff on sale is junk these days, or that everyone is buying off Amazon?

Best Buy Co., the world’s largest electronics chain, said on Thursday that the U.S. market for tech products worsened in the third quarter and that more declines are on the way for the holidays. The major drag was tablets, a category that’s peaked and is now losing out to larger phones. Wal-Mart Stores Inc. and Target Corp. also said this week that electronics were a point of weakness.

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