Best Buy amps up focus on appliances

03/11/2013 | Star Tribune (Minneapolis-St. Paul, Minn.)

Appliances from refrigerators and ranges to blenders and toaster ovens have become hot sellers lately, spurring Best Buy to dedicate more floor space to the category. "This year we will reduce space allocated to the negative growth and low-margin categories and replace it with higher-gross categories like mobile, appliances and accessories," said CEO Hubert Joly.

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Star Tribune (Minneapolis-St. Paul, Minn.)

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