The Richfield-based retailer is relaunching its third-party digital marketplace to recreate the success it has seen in Canada. Amazon and Minneapolis-based Target also profit from third-party sellers.
Best Buy Chief Executive Corie Barry said that prices for U.S. consumers were likely to rise as President Trump’s tariffs on China, Mexico and Canada take effect. “We expect our vendors across our ent
Target Corp. and Best Buy Co. warned consumers to expect higher prices as a direct result of the tariffs US President Donald Trump imposed on Mexico, Canada and China overnight.
President Trump's tariffs are taking a toll on Best Buy just as the company is starting to turn sales around. Best Buy stock plunged 13% on Tuesday as a new round of tariffs was i
Consumer-electronics retailer Best Buy has taken a stab at estimating how much tariffs could hit sales. The news isn't good. If the 10% tariffs on China that began in February remain in place all year,
The 25% tariffs on imports from Mexico and Canada took effect on Tuesday, while duties on Chinese goods were doubled to 20%.
It won't be long until shoppers in Tennessee feel the economic pinch from the Trump administration's tariffs on Mexico and Canada. Here's what to know.