Best Buy Is Shrinking Some Stores. Here’s Why That’s A Good Thing
Consumer electronics retailer Best Buy is testing out a new format as it tries to steady the business and boost sales growth. It’s opening new
Consumer electronics retailer Best Buy is testing out a new format as it tries to steady the business and boost sales growth. It’s opening new, smaller-scale stores this summer in markets about half the scale of its traditional locations. CNBC’s Laya Neelakandan spoke exclusively with incoming CEO Jason Bonfig about his plans for the concept.
Produced, Shot and Edited by: Natalie Rice Reporting by: Laya Neelakandan Animation: Jason Reginato, Emily Park Senior Director of Video: Lindsey Jacobson Additional Footage: Best Buy, Getty Images » Subscribe to CNBC » Subscribe to CNBC TV About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered.
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