News Analysis
In a sharp turnaround from the third quarter, big-box retailer Best Buy posted higher sales for the fourth quarter of 2024, as new store formats boosted store traffic in the most crucial shopping season for retailers.
A Best Buy store in Levittown, N.Y., in a file photo. Bruce Bennett/Getty Images
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”
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