Best Buy apologies for ‘big mistake’ when $40 packs of water in Houston go viral
August 30, 2017
Best Buy was forced to respond to accusations of price gouging in Houston when images of cases of water displayed in one of its stores and priced at over $40 were posted on Twitter. “This was a big mistake on the part of a few employees at one store on Friday,” the retailer told CNBC via email. “As a company we are focused on helping, not hurting affected people. We’re sorry and it won’t happen again.”
Recent News
Merger Forces Kroger and Albertsons To Sell More Stores
Kroger and Albertsons are selling more of their stores to address concerns about their merger.
JD Sports Bids for Hibbett in $1.08 Billion Deal
JD Sports Fashion plans to buy Hibbett Inc. for around $1.08 billion. The move aims to help the UK’s largest sportswear retailer grow in the southeastern United States.
Disney Technology Executive Leaves Company for Personal Reasons
Aaron LaBerge will stay on at Disney until June 2024.
Amazon Ends Drone Delivery in California, Here’s Where It’s Going Next
This new location will allow for quicker, same-day delivery.