Electronics Resale Chain PayMore Poised For Growth Spurt [Forbes]
Best Buy Co., Inc. (BBY)
Last best buy co., inc. earnings: 2/27 07:00 am
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Source: Forbes
Courtesy of PayMore At a time when more and more of resale activity is moving online, electronics resale chain PayMore is leaning into the value of physical locations. The company is announcing today that its franchise partners will be opening 18 stores this month, and that it has development deals in place that will grow the chain to close to 600 stores within five years. The chain grew out of a single secondhand shop on Long Island, in the New York City suburb of Massapequa Park, 20 years ago, to a franchise operator that is attracting global attention. The first European PayMore opened in Luton, England, near London, last week, and PayMore's co-founders met with potential franchisees from more than a dozen countries at the Franchise Expo in Paris over the weekend. While PayMore also has an online channel, co-founders Erik Helgesen and Stephen Preuss Sr. say that having local stores were consumers can trade in used electronics for cash is key to their business model's suc
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- How Is Best Buy's Stock Performance Compared to Other Specialty Retail Stocks? [Yahoo! Finance]Yahoo! Finance
- 1 Volatile Stock Worth Your Attention and 2 That Underwhelm [Yahoo! Finance]Yahoo! Finance
- Best Buy brings shoppers last-minute magic with savings, gifts and fast fulfillmentBusiness Wire
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Earnings
- 11/25/25 - Beat
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Sec Filings
- 12/16/25 - Form 4
- 12/16/25 - Form 4
- 12/10/25 - Form 8-K/A
- BBY's page on the SEC website