Event Coverage 5 minutesRegister for Free AccessBest Buy Investor Day 2019: Management Plans to Improve “Brand Love” Coresight Research September 30, 2019 Executive SummaryBest Buy held its biannual investor update meeting on September 25, 2019 at the New York Stock Exchange. Best Buy has already accomplished its FY21 financial targets and has set aggressive but achievable targets for FY25. The company is focused on increasing “brand love” (i.e., the consumer’s connection or affinity for a brand) by focusing on retail fundamentals, including pricing and promotions. Best Buy is intensely focused on the customer and is targeting adjacent opportunities where it has lower market share. The health tech category is a $50 billion addressable market, which is undergoing a structural transformation that is unlocking new possibilities. The company has made substantial improvements to its supply chain, in automation, evolving strategies in partnership and fulfillment, expanding its supply chain and customer experience. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2023, Week 13: UK Closures Up 45%Weinswig’s Weekly: Understanding the Scale and Demographics of Cross-Channel ShoppingEarnings Insights 2Q23, Week 5: Burlington, Dollar Tree, Petco and Ulta Beauty Report Strong Results; Foot Locker, Gap, Kohl’s, Macy’s and Nordstrom See Sales Decline3Q23 US Earnings Season Wrap-Up: Mixed Performances Amid Weak Demand and Economic Uncertainty