Best Buy, Target See Massive Gains On The Back Of The Immensely Successful Nintendo Switch

That is seriously impressive.

Posted By | On 26th, May. 2017

Retailers rarely ever see one product being so successful that it can lead to a perceptible net gain for them overall- Nintendo used to have that kind of clout back in the NES days, and Apple obviously had it back when the iPod/iPhone/iPad first debuted. But that kind of thing isn’t all that common nowadays.

Which is what makes Nintendo’s achievement here that much more notable. Apparently, Best Buy, the largest retailer of electronics in North America, has posted a net gain in sales thanks to the immensely successful launch of the Nintendo Switch- which, in turn, has led to its stock surging. Best Buy is not the only American retailer to have experienced positive effects from the Switch launch, either. Apparently, leading US retailer Target too has seen similar gains off the back of the Switch.

Clearly, Nintendo has a hit on its hands here- now if only it can resolve its stock issues, and keep a steady stream of games coming. Both of which seem a bit unlikely for now.

[Bloomberg]


Tagged With: ,

Amazing Articles You Might Want To Check Out!

Keep On Reading!

Final Fantasy 7 Rebirth Players on Switch 2 “Don’t Need to Worry” About Performance, Says Director

Final Fantasy 7 Rebirth Players on Switch 2 “Don’t Need to Worry” About Performance, Says Director

"They’re going to get a version that is just as satisfying and just as high quality as the first game, if no...

Avatar: Frontiers of Pandora – From the Ashes Trailer Confirms That Third-Person Looks Way Better

Avatar: Frontiers of Pandora – From the Ashes Trailer Confirms That Third-Person Looks Way Better

Watch So'lek utterly dismantle the RDA's forces with even more gameplay for the upcoming story DLC coming on N...

Nintendo Celebrates Mario’s 40th Anniversary by Discussing if He’ll Still Exist in 100 Years

Nintendo Celebrates Mario’s 40th Anniversary by Discussing if He’ll Still Exist in 100 Years

In the Nintendo Museum Official Book, Shigeru Miyamoto, Takashi Tezuka and Koji Kondo discussed the legacy of ...

Battlefield: RedSec Celebrates Launch With High Octane, Destruction-Packed Trailer

Battlefield: RedSec Celebrates Launch With High Octane, Destruction-Packed Trailer

The free-to-play battle royale shooter is out now alongside a new "cutthroat, knockout-style elimination mode"...

Battlefield 6 Update Tones Down Excessively Green Outfit to Positive Response: “They’re Listening!”

Battlefield 6 Update Tones Down Excessively Green Outfit to Positive Response: “They’re Listening!”

System Override, an alternate outfit for the Assault Class, looks darker and sleeker compared to its previousl...

Wreckreation Review – Burnout Lite

Wreckreation Review – Burnout Lite

With Wreckreation, Three Fields Entertainment attempts to take on a few tight corners with this one, but does ...