Holiday Shopping
As one of the first retailers to offer shoppers plastic gifts cards 20 years ago, Best Buy led one of the hottest trends in gift-giving.
Back then, our wallet-sized plastic cards replaced cumbersome paper gift certificates.
It took a while for shoppers to embrace the concept of gift cards, but today they’re one of the most popular items for gift-givers and gift-receivers. In fact, the National Retail Federation expected total spending on the cards to reach $25.9 billion in 2015.
Enterprise revenue increased 2.1%
Domestic comparable sales increased 2.6%, excluding the
benefit of mobile phone installment billing
MINNEAPOLIS — Jan. 15, 2015 — Best Buy Co., Inc. (NYSE: BBY) today announced revenue results for the nine weeks ended January 3, 2015, as compared to the nine weeks ended January 4, 2014, excluding revenue from the Five Star business in China. As announced on December 4, 2014, the company entered into a definitive agreement for the sale of its Five Star business in China and expects to include its results in discontinued operations beginning in Q4 FY15.

