Splurging on Taylor Swift tickets and a 'funflation' economy is hitting Best Buy's sales, says its CEO

Tech Insider : Economy
Taylor Swift performing at the Eras Tour and a Best Buy outlet.
Taylor Swift performing at the Eras Tour and a Best Buy outlet.

Shanna Madison/Chicago Tribune and Spencer Platt via Getty Images

Costco, Lowe's, Best Buy, and Tractor Supply are winning the battle against retail theft in a strikingly similar way

Tech Insider
A sales associate processes the purchase of a hard drive at a Best Buy store after doors opened at 5 a.m. on Black Friday, Nov. 26, 2021, in Lone Tree, Colo.
A sales associate processes a purchase at a Best Buy store in Colorado. Retailers say adequate staffing is one way to fight retail theft.

How Best Buy is winning the war against retail theft

Tech Insider
A Best Buy employee checks the receipt of a customer leaving the store with a flatscreen TV.
A Best Buy manager checks a customer's receipt. Best Buy CEO Corie Barry said theft rates have remained relatively stable over the last few years.

Getty Images/George Frey

Best Buy declares the 'low point' in tech sales after years of declines

Tech Insider
A man shops at a Best Buy store.
Best Buy's CEO said "this year will be the low point in tech demand after two years of sales declines."

Octavio Jones/Getty Images

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