Best Buy expects a strong end-of-year shopping season driven by the AI-powered electronics upgrade cycle.
As 2024 comes to a close, seasonality is a theme that occurs every year entering the holiday season. A look back at some of the familiar headline trends for 2024 includes the AI data center boom, shortage of GLP-1 drugs, fresh demand for nuclear power, restarting the interest rate cut cycle, off-price shopping frenzy, retailer inventory normalization, and the ad market, and cloud computing recovery.
, has been waiting for clients to work through the oversupply of memory chips triggered by the post-pandemic recovery. Revenues declined even as the AI boom took shape in 2023. While it was passing by Micron, massive data storage is a very important facet required for AI deployment. . The thrill of the treasure hunt is alive and bountiful as regular shoppers frequent their stores to discover valuable hauls from luxury brands like Gucci, Versace, Longchamp, Saint Laurent, Valentino, and Christian Louboutin.“Availability of quality branded merchandise is excellent, and we are confident we will have an exciting assortment of fresh goods across all of our stores and online throughout the fall and holiday selling seasons.
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