Market Overview

How Many Times do Shoppers Visit Best Buy Each Year?

Share:
Related BBY
Why Best Buy Is A Favorite Hardline Retailer Heading Into Its Q2 Results
For AMD Ryzen Chips, Will Gains In Mindshare Lead To Market Share?
Stocks To Watch With Earnings On Tap: Best Buy (Investor's Business Daily)

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.

Follow me @LouisBedigianBZ

Posted-In: best buy Wall Street JournalNews Tech Best of Benzinga

 

Related Articles (AMZN + BBY)

View Comments and Join the Discussion!