Best Buy’s Growth Is Crimped by Product Shortages

Online sales more than tripled during summer, but executives said demand for some items outstripped supplies

Analysts and economists are paying close attention to monthly retail-sales numbers as a way to gauge how the economy might be recovering from the impact of the coronavirus pandemic. Photo: Kathy Willens/Associated Press.

香蕉视频苹果下载 Best Buy Co.’s online sales surged in the latest quarter as consumers bought laptops, appliances and other items that help them work, learn and cook from home, but executives said product shortages crimped the gains.

Consumers have reported shortages or delays trying to order everything from Google’s Chromebooks to Maytag freezers. A search Tuesday on Best Buy’s website showed many chest freezers are sold out or unavailable in its Northeast stores.

...
To Read the Full Story

Continue reading your article with
a WSJ membership