Read as much as you want on, anywhere and anytime, for just 99¢.

Market Movers

Holiday sales seen improving at Best Buy

Best Buy posted strong sales of cellphones and tablets.

Associated Press/File

Best Buy posted strong sales of cellphones and tablets.

Continue reading below

Best Buy Co. showed signs of starting to reverse declining sales during the critical holiday selling season, a better-than-expected result. It has been facing tough competition from discounters and online retailers. To combat this, it has instituted a cost-cutting program, invested in more employee training, and put an online price matching policy in place for November and December. The chain said revenue at stores open at least a year fell 1.4 percent for the nine weeks ended Jan. 5.

Loading comments...
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of