Best Buy stock tanked earlier this month as investor fears of the effects from tariffs outweighed strong earnings in the latest quarter. CEO Corie Barry said “price increases for American consumers ...
"The giant wildcard obviously is how the consumers are going to react to the price increases ... the number two source for products that Best Buy sells, company executives said.
The chief executives of Target and Best Buy warned on Tuesday that the tariffs ... the proposed TARIFFS scheduled to go into effect on MARCH FOURTH will, indeed, go into effect, as scheduled ...
so it's not just a Best Buy question," she said. Target's Brian Cornell said in an interview with CNBC that some grocery costs could go up as early as this week, especially in fresh categories ...
Leaders at companies like Target, Best Buy ... we're going to have a lot of trade." And don't be surprised if companies hike prices — fast. Here's what business leaders are saying.
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