BBY Cleaning out the Fridge

On Thursday, I wrote this:

“For years Best Buy has sold and installed car stereos. Though, it’s never felt like they really cared about that part of the store (same for home appliances)”

In today’s STrib, there’s a feature store on how Best Buy is focusing on the larger, higher margin home appliances, in a higher-end brand (Pacific Kitchen) as a way to compete with online-only retailers and the tight margins on electronics.

Excellent Move.

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