Chief Executive Officer Hubert Joly said the company aims to save $400 million over three years.
Best Buy reported a better-than-expected quarterly profit, helped by improved sales of higher-margin products such as large-screen TVs and mobile phones during the holiday shopping season. (Reporting by Nandita Bose; Editing by Jeffrey Benkoe)Best Buy aims to save $400 million over three years
© Carlo Allegri / Reuters
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