Best Buy Co. Chief Executive Officer Corie Barry has some good news for US consumers grappling with high inflation: Holiday deals are coming back.
Best Buy Co. Chief Executive Corie Barry has some good news for U.S. consumers grappling with high inflation: Holiday deals are coming back.
“This holiday pattern will be a little more like holidays prior to the pandemic,” Barry said on a call with reporters after the electronics retailer reported second-quarter financial resultsbut still beat analysts’ expectations. “We’re seeing a very value-oriented consumer.” “What makes the current environment the most volatile that I’ve seen is the quantity of inventory at other retailers,” Barry said.
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