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Friday
Jan062012

Best Buy Reports Weak Holiday Sales

KAREN BLEIER/AFP/Getty Images(RICHFIELD, Minn.) -- Feeling the squeeze by online retailers like Amazon and discount stores like Wal-Mart, Best Buy is reporting weak December sales, according to the Wall Street Journal, and the company’s CEO says customer traffic was unexpectedly low.

The company just days before Christmas informed customers it could not deliver on purchases made on the web in late November. Customers were left without the items they ordered.

Copyright 2012 ABC News Radio

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