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Best Buy's U.S. Holiday Sales Come in Flat

Best Buy

Best Buy's holiday sales fell despite a surprisingly resilient showing in the U.S., and the consumer-electronics retailer said its cash flow continues to weaken.

 

Best Buy overestimates holiday shoppers' appetite

Shoppers ignored Best Buy Co Inc's promotion of pricey 3D televisions and other high-end gadgets this holiday season as they chased bargains elsewhere, hammering the company's profits.

 

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