Best Buy Co Inc - Company Profile
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Best Buy Co Inc (Best Buy) is a multi-national specialty retailer of consumer electronics, home office products, entertainment software, appliances and related services. Multiple channels selling, liquidity position, and inventory turnover ratio are the company’s major strengths, even as geographic concentration and financial performance remain causes of concern. Consumer electronics market in US, positive outlook for online retail market and agreements and partnerships are likely to provide growth opportunities to the company. However, labor costs in US, dependence on limited number of vendors and mobile network carriers, and intense competition could affect its growth.
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