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Best Buy Looks To Expand Outlet Offerings While Holding Store Count Steady

Retailer Also Wants To Expand on 'Experiential' Model, Stores as Fulfillment Centers
Best Buy is increasing the number of outlet shops in its portfolio, but typically it has converted existing stores into discount locations, rather than building or leasing new space. (Best Buy)
Best Buy is increasing the number of outlet shops in its portfolio, but typically it has converted existing stores into discount locations, rather than building or leasing new space. (Best Buy)
By Clare Kennedy
CoStar News
March 4, 2022 | 11:37 P.M.

Best Buy has a plan to open more outlet stores catering to bargain hunters looking for deals on TVs, appliances and other consumer electronics. What it does not plan to do is take more real estate to house those outlets.

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