The Richfield-based retailer is relaunching its third-party digital marketplace to recreate the success it has seen in Canada. Amazon and Minneapolis-based Target also profit from third-party sellers.
Best Buy Chief Executive Corie Barry said that prices for U.S. consumers were likely to rise as President Trump’s tariffs on China, Mexico and Canada take effect. “We expect our vendors across our ent
Best Buy plans to launch a new U.S.-based marketplace later this year, CEO Corie Barry said during the company’s March 4 earnings call. The move aims to expand the company’s p
Target Chief Executive Brian Cornell said its shoppers would likely see price hikes in its stores "over the next couple of days."
The 25% tariffs on imports from Mexico and Canada took effect on Tuesday, while duties on Chinese goods were doubled to 20%.