BBY Jun 2024 60.000 call
- Yahoo Finance Video
Shrinkflation, shoplifting, and self-checkout
Target (TGT), Macy's (M), Best Buy (BBY), were hit hard by 'rampant shoplifting' and shrinkflation, according to investor and market commentator, Jeff Macke. He joined Yahoo Finance Executive Editor Brian Sozzi on Opening Bid to discuss the difficulties and errors retailer made over recent years; specifically, self-checkout. 'Self-check was just one of the great debacle in retail history. The idea that, that people can just be trusted to check themselves out of stores. Geez,' he added. For full episodes of Opening Bid, watch on our website or listen on your favorite podcast platform.
- PR Newswire
Ulike Makes Debut Entrance Into U.S. Retail Market Via Strategic Partnership with Best Buy
Ulike, the global leader and pioneer of IPL (Intense Pulsed Light) hair removal, announces today its launch in Best Buy stores nationwide and availability on BestBuy.com. The new distribution signals the brand's entrance into U.S. brick-and-mortar locations as the company continues to gain momentum and popularity with American consumers.
- Barrons.com
Best Buy Stock Is Higher. Shares Are ‘Fully Charged,’ New Bull Says.
UBS analysts upgraded the consumer-electronics retailer to Buy from Neutral and lifted their price target to $106 from $85.
