Best Buy turns to new categories for sales boost
ATLANTA Best Buy is looking to make some changes, such as adding more musical instruments at some stores, in an effort to double annual sales over the next five years, according to a Reuters report.
Best Buy executives speaking at an Oppenheimer Consumer Growth Conference said that while the company will continuing to seek growth in its more traditional electronics categories, growth in non-core segments, like musical instruments, was also important, Reuters reported.
In addition, company executives said digital services and international expansion were key to sales growth.