TECHSHOW-Best Buy CEO sees signs of tougher climate

Tue Jan 8, 2008 10:22pm EST
 
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LAS VEGAS, Jan 8 (Reuters) - Best Buy Co Inc (BBY.N) Chief Executive Brad Anderson said on Tuesday that he saw signs of a tougher retail climate and the company would feel the strain if its customers did.

"If our customers feel it, we feel it. All of these things will have some impact. If the S&P is down for a good reason, and sustains down ... over time, we wind up feeling that from the economy," Anderson said on the sidelines of the Consumer Electronics Show.

"Right now, we see indicators that it's a tougher climate, but we don't see indicators to say that it's likely to be a really difficult one," he told Reuters. (Reporting by Franklin Paul, editing by Valerie Lee) (email: franklin.paul@reuters.com; phone: 646 223-6000)

 

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