21 August 2025
21 August 2025
Food inflation rose to 4.9% in July, driving UK headline inflation up to 3.8% and adding to the cost of living pressures on households and retailers.
Rising grocery costs are forcing households to rethink spending, while retailers confront shifting demand and tighter margins.
Michael Fiddelke will succeed Brian Cornell as CEO from 1 February 2026.
The launch more than doubles the number of products available on BestBuy.com and the Best Buy app.
Chris Callieri will report to president and CEO Michelle Gass.
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