Electronics demand continued to cool this fall, and Best Buy Co. executives predicted the retailer's holiday season will be more normal in contrast to the frenzy of the past two years.
Best Buy customers will likely begin their holiday shopping this Black Friday and be able to take advantage of sale prices in coming weeks, the executives said Tuesday as they disclosed quarterly results that were better than expected.
"Last year, everyone was yelling that inventory would not be available and so everyone was pushing to buy early," Best Buy CEO Corie Barry said. "That impetus to purchase just isn't there this year."