Tuesday, October 16, 2018

Best Buy could gain in appliance sales with Sears' bankruptcy

In the dog-eat-dog world of retail, Monday's Chapter 11 bankruptcy filing by Sears Holding Co. means competitors will jockey mightily to pick up some customers.

Among the potential winners is Best Buy, which for years has been picking up market share in home appliances from Sears, along with Home Depot and Lowe's.. . . more