Best Buy shares saw a massive upswing on Wednesday as the company announced its Q4 earnings report, well-above analysts’ expectations. Pumping its profits was its selection of wearables, smart home devices, and the unstoppable popularity of free game Fortnite driving demand for gaming consoles and accessories throughout the holidays. Best Buy Knows How to Adapt and Survive With many analysts pointing to a crisis in retail in the U.S., large name brands have been folding like a deck of cards. Bankruptcy filings in 2018 included Toys ‘R’ Us, and the 126-year-old Sears, the original ‘everything store’, closing its doors for
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source https://www.ccn.com/free-game-fortnite-proves-unlikely-boost-for-18-billion-giant-best-buy
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