Leave your feedback Share Copy URL https://eevb.net/video/m7Ll2BCX9Kk.html Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Best Buy Is Shrinking Some Stores. Here’s Why That’s A Good Thing [3r4bMwlkE9B] Health Updated on August 05, 2026 EDT — Published on August 05, 2026 EDT Consumer electronics retailer Best Buy is testing out a new format as it tries to steady the business and boost sales growth. It’s opening new, smaller-scale stores this summer in markets about half the scale of its traditional locations. CNBC’s Laya Neelakandan spoke exclusively with incoming CEO Jason Bonfig about his plans for the concept. Produced, Shot and Edited by: Natalie Rice Reporting by: Laya Neelakandan Animation: Jason Reginato, Emily Park Senior Director of Video: Lindsey Jacobson Additional Footage: Best Buy, Getty Images » Subscribe to CNBC: » Subscribe to CNBC TV: About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Instagram: Follow CNBC News on Facebook: Follow CNBC on Threads: Follow CNBC News on X: Follow CNBC on WhatsApp: #CNBC Best Buy Is Shrinking Some Stores. Here’s Why That’s A Good Thing zJw0qllVKRv b0iIkYKXWUz 69l2pcNsTc9 I3X25g1VB5q I4mFPkkViWf
Consumer electronics retailer Best Buy is testing out a new format as it tries to steady the business and boost sales growth. It’s opening new, smaller-scale stores this summer in markets about half the scale of its traditional locations. CNBC’s Laya Neelakandan spoke exclusively with incoming CEO Jason Bonfig about his plans for the concept. Produced, Shot and Edited by: Natalie Rice Reporting by: Laya Neelakandan Animation: Jason Reginato, Emily Park Senior Director of Video: Lindsey Jacobson Additional Footage: Best Buy, Getty Images » Subscribe to CNBC: » Subscribe to CNBC TV: About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Instagram: Follow CNBC News on Facebook: Follow CNBC on Threads: Follow CNBC News on X: Follow CNBC on WhatsApp: #CNBC Best Buy Is Shrinking Some Stores. Here’s Why That’s A Good Thing zJw0qllVKRv b0iIkYKXWUz 69l2pcNsTc9 I3X25g1VB5q I4mFPkkViWf