Best Buy reports disappointing holiday sales

MGN Online credit: Wikicommons
Thursday, January 16, 2014 - 11:16am

Best Buy reported disappointing holiday sales today (Thursday). The electronics retailer blamed aggressive sales from competitors and supply constraints for tablets and iPhones. It also admits there were fewer customers during the key week leading up to Christmas.

One bright spot: online sales. Those increased by more than 20-percent, but that represents only a fraction of the company's sales.


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