BEST BUY POSTS BEST RESULTS IN ELECTRONICS.
HFN: The Weekly Newspaper for the Home Furnishing Network, August, 2004
Byline: Michael Rudnick
NEW YORK-Best Buy has managed to hold the top spot in consumer electronics sales this year, while further distancing itself from price-gouging competitor and notorious category killer Wal-Mart.
Best Buy boasted the biggest jump in sales within the top 10 consumer electronics retailers at more than 18 percent to peak at $19.6 billion for the year. Despite its early adoption and discounting within a number of digital categories, including the fast-growing flat-panel television segment, contender Wal-Mart could not quite catch its ...
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