Outlet stores

Best Buy plans to fight inflation by opening more outlet stores

Times are tough for consumers. With inflation pushing the price of everyday items to new heights, many households are limiting their monthly spending. To help consumers save money, Best Buy is opening four new Best Buy Outlet stores. The retailer says consumers can expect to see more Best Buy deals following new store openings.

The new stores will open in Chicago, Phoenix and Manassas. The fourth store will be located in Houston, where Best Buy plans to move its current outlet to a new location that the retailer says will be three times larger.

Outlets to offer more products and discounts

Like most warehouses, Best Buy outlets offer deep discounts on open box and clearance items. Stores include open refrigerators, televisions, and laptops. However, Best Buy plans to expand these categories by adding tablets, gaming devices, smartphones, and more.

Best Buy will also make it easier to shop at its outlet stores by allowing consumers to browse and purchase outlet products through their local store’s Best Buy Outlet website. Outlets will also offer same-day delivery of small devices, such as laptops and tablets.

Laptop Deals

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Buying a refurbished/open box product has always been a great way to save money. Refurbished iPhones and refurbished Apple Watch deals can reduce list prices by $50 to $200. Similarly, buying used iPads can save you up to 30%.

The new factory outlets will begin to open this summer and fall. They will join the retailer’s current batch of 16 outlets nationwide.