Strategy

Given that all Best Buy’s physical stores were closed for six weeks of the quarter and that it sells mostly bigger ticket discretionary products, a sales decline of 6.3% is nothing short of a remarkable result.

Best Buy Co. reported first-quarter earnings and sales that beat analyst expectations amid a 155% rise in online sales as customers took advantage of curbside pickup at its stores.

BJ's Wholesale Club reported profit and sales that topped analyst expectations amid surging online sales and a spike in new members during the pandemic. 

Amazon is ramping up its solar installations here and abroad. 

The U.S. workforce has taken a big economic hit as a result of the COVID-19 pandemic.

The 15-by-10 ft. “Power T” from the Knoxville Center Mall is up for sale.

Raley’s keeps expanding its California footprint.

Mass merchant and consumer electronics retailers top an annual ranking of the top 500 North American e-commerce retailers by web sales.

TravelCenters of America Inc. is looking to expand its footprint via franchising.

Walmart Inc. is thinking big in China.