Best Buy (BBY) takes on rivals Wal-Mart (WMT) and Amazon (AMZN) with a rapid expansion of its...

|About: Best Buy Co. (BBY)|By:, SA News Editor

Best Buy (BBY) takes on rivals Wal-Mart (WMT) and Amazon (AMZN) with a rapid expansion of its private-label electronics business. Sales of Best Buy's private-label electronics jumped 40% during the past fiscal year, even as overall sales and profits sank.