Best Buy Raises Guidance As It Lures Shoppers

Best Buy Chief Executive Corie Barry said consumers across income groups are spending on new laptops, videogame consoles and cellphones, the latest sign of strength for the American shopper.

- By Saran Nassauer Anp Nicuotas G. Miller

If shoppers feel they are getting a good value “they are willing to spend when they need to or when there is innovation,” Barry said on a call with reporters Tuesday.