Taylor Swift performing at the Eras Tour and a Best Buy outlet.
Taylor Swift performing at the Eras Tour and a Best Buy outlet.
  • Best Buy CEO Corie Barry thinks "funflation" is hurting her company's bottom line.
  • "Funflation" refers to higher consumer demand for fun experiences, which inflates the prices of these experiences.
  • Big ticket items in electronics are drawing less consumer interest than Taylor Swift tickets and other fun experiences, Barry said at a Fortune event.

Corie Barry, the CEO of electronics retailer Best Buy, thinks that splurging on Taylor Swift tickets and "funflation" is hurting her company's bottom line. 

Funflation refers to higher demand for fun experiences, which drives up their prices.