Best Buy is transitioning to a new format to help with the holiday rush. NBC News’ Jo Ling Kent sits down in an exclusive interview with Best Buy’s executive vice president to learn why he believes turning half of a store into a warehouse gives the company a unique advantage.
Category Archives: business
Dow closes down more than 900 points as new Covid variant sparks market sell-off
U.S. stocks dropped sharply on Friday after WHO officials on Thursday warned of a new Covid-19 variant that’s been detected in South Africa.
Stores kick off Black Friday but pandemic concerns linger
Retailers are expected to usher in the unofficial start to the holiday shopping season Friday with bigger crowds than last year.
Photographer apologizes, Dior pulls work after backlash in China over model's 'Western' depiction
A Chinese fashion photographer has apologized after backlash over work she did for French luxury brand Dior.
Navajo rebuild traditional foodways as inflation, supply chain woes hit hard
Navajo rebuild traditional food ways as inflation, supply chain woes hit hard
Pinterest settles shareholder lawsuit over workplace culture
Pinterest on Wednesday settled a shareholder lawsuit alleging that top executives enabled a culture of discrimination.
Second pandemic Thanksgiving boasts higher prices, skimpier supplies, lower quality
Not even turkeys are safe from inflation this Thanksgiving.
Black Friday deals on gifts are starting early this year
As retailers attempt to make up ground after a difficult 2020, this could mean weaker discounts from stores. This is being driven by the supply chain issues which are costing retailers more to stock their shelves.
NFL, Los Angeles Rams settle St. Louis lawsuit stemming from 2016 relocation
ST. LOUIS — The NFL and Rams owner Stan Kroenke will pay $790 million to settle a lawsuit filed by St.
'Put an end to this madness': Retailers ramp up security after wave of robberies
A lingering fear of coordinated large-scale robberies is rattling retailers, not only in major cities but in suburbs not normally targeted.