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How Many Times do Shoppers Visit Best Buy Each Year?

Louis Bedigian, Benzinga Staff Writer
July 05, 2012 9:43 AM
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Tickers: AMZN, BBY
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Best Buy (NYSE: BBY) was once the number-one electronics retailer in America. But the rise in competition from Amazon (NASDAQ: AMZN) and other online retailers has reduced the store's annual traffic.

One decade ago, shoppers visited Best Buy 10 times a year. According to the Wall Street Journal, shoppers now visit the struggling retailer one to two times per year.

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(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Tags: best buy, Wall Street Journal

Posted in: News, Tech, Best of Benzinga

 

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