Consumer electronics retailer Best Buy is testing out a new format as it tries to steady the business and boost sales growth. It’s opening new, smaller-scale stores this summer in markets about half the scale of its traditional locations. CNBC’s Laya Neelakandan spoke exclusively with incoming CEO Jason Bonfig about his plans for the concept.
Produced, Shot and Edited by: Natalie Rice
Reporting by: Laya Neelakandan
Animation: Jason Reginato, Emily Park
Senior Director of Video: Lindsey Jacobson
Additional Footage: Best Buy, Getty Images
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Best Buy Is Shrinking Some Stores. Here’s Why That’s A Good Thing
Produced, Shot and Edited by: Natalie Rice
Reporting by: Laya Neelakandan
Animation: Jason Reginato, Emily Park
Senior Director of Video: Lindsey Jacobson
Additional Footage: Best Buy, Getty Images
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh
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Best Buy Is Shrinking Some Stores. Here’s Why That’s A Good Thing