Best Buy: Coronavirus (COVID-19) Company Impact Report 2020 - ResearchAndMarkets.com

DUBLIN--()--The "Best Buy: Coronavirus (COVID-19) Company Impact" company profile has been added to ResearchAndMarkets.com's offering.

This coronavirus (COVID-19) company impact report analyses how the pandemic will impact Best Buy's performance.

Best Buy's group sales are forecast to decline by 2.7% in 2020, driven by the closure of its store portfolio in the height of the COVID-19 pandemic. Best Buy's response to the pandemic has been strong, with the retailer placing a focus not just on sales but on its customers and staff.

Key Highlights

  • Geographically, Best Buy is exposed to the difficulties caused by the COVID-19 pandemic due to its reliance on North America which has been the region most affected by the virus.
  • With Best Buy now beginning to open some of its stores, with an online scheduling process in place and strict guidelines, Best Buy will be able to entice some spend through its branches over the coming months.
  • Best Buy has partnered with two Minnesota organizations to provide Chromebooks and laptops to teens in need to help ensure they can continue their studies at home.

Reasons to Buy

  • Use the revised 2020 forecast for Best Buy to understand how the COVID-19 pandemic will impact its performance this year.
  • Use charts to review how Best Buy's sales are split by region globally and how these regions have been impacted by COVID-19.
  • Use this in-depth analysis to review how Best Buy has responded to COVID-19 and how this will affect its performance.

Key Topics Covered

  1. Best Buy's exposure to COVID-19
  2. Best Buy's operational responses to COVID-19
  3. Key findings
  4. Key conclusions
  5. Geographic spread analysis - COVID-19 vs Best Buy Group Sales
  6. Global & regional impact
  7. COVID-19 global impact score for Best Buy versus competitors
  8. Revised 2020 revenue forecast
  9. Brand sales by region vs regional impact levels
  10. Company reaction
  11. Store closures
  12. Supporting staff
  13. Supporting communities

List of Figures

  • Spread of COVID-19- confirmed cases, number in treatment, recoveries and deaths.
  • Countries/ regions affected by COVID-19
  • Spread of Best Buy group sales and stores in 2019
  • COVID-19 global impact score for Best Buy versus competitors
  • Best Buy global revenue and year on year growth 2015-2020

Companies Mentioned

  • Best Buy
  • Microsoft
  • ERI
  • Amazon
  • Wal-Mart
  • JD.com
  • Casino Guichard- Perrachon SA
  • Apple
  • Ceconomy
  • Target
  • Lowe's

For more information about this company profile visit https://www.researchandmarkets.com/r/xakilo

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900