CNBC is reporting, “Best Buy shares fell 6.5% after its second-quarter revenue and same-store sales growth missed analysts’ expectations and upcoming tariffs on the company’s core products weigh on the stock.”
Let’s do a poll. Who has purchased anything at Best Buy (or any other brick & mortar electronics store) in the past 12 months?
You got your smartphone from the carrier or DTC from the manufacturer. You bought any accessories you needed online. Unless you were in dire need of printer ink or a charging cable or needed a gift that minute, you had no reason to walk into a store. But enough about me… what about you?
Author’s note: This is not a sponsored post. I am the author of this article and it expresses my own opinions. I am not, nor is my company, receiving compensation for it.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.