Holiday sales fell at Best Buy, shaped by slower demand for smartphones
Best Buy said a softness
in mobile phone sales dragged down the retailer's holiday sales, which
ended up coming in lower than it expected.
Richfield-based retailer reported this morning a 1.4 percent drop in
U.S. same-store sales during the nine-week holiday sales period and
lowered its sales guidance for the entire fourth quarter, which runs
through this month.. . . more