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Best Buy in Retailing

January 2021

Best Buy is the largest electronics and appliances specialist retailer in the US. The company faced significant challenges following the 2008 Global Financial Crisis. While many of its direct competitors failed to modernise their business models, Best Buy reorganised under former CEO Hubert Joly’s leadership and became a leader in omnichannel retailing. It is now known for its popular click-and-collect policy, store-in-a-store model, and extensive service offerings.

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Overview:

Euromonitor International's report on Best Buy delivers a detailed strategic analysis of the company's business, examining its performance in the Retailing market and the global economy. Company and market share data provide a detailed look at the financial position of Best Buy, while in-depth qualitative analysis will help you understand the brand strategy and growth prospects of Best Buy.

This report examines:

  • Company share by region and sector
  • Brand portfolio
  • New product developments
  • Marketing and distribution strategies

A detailed SWPT analysis of Best Buy provides strategic intelligence on:

  • Strengths and weaknesses
  • Category and country opportunities for growth
  • Challenges and threats from current competition and future prospects
  • Global and regional market positions

Research you can trust:

Euromonitor International's company profile reports are written by our Retailing research team, a dedicated group of analysts that knows the industry inside and out. Buy this report to inform your planning, strategy, marketing, sales and competitor intelligence functions.

Best Buy

Best Buy: key company facts
Best Buy’s omnichannel investments
Best Buy’s omnichannel strategy in context
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Why buy this report:

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions

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