Best Buy’s CEO says growing spending power gap between affluent and poor ‘keeps me up at night’

Best Buy's CEO has expressed deep concerns about the widening spending power gap between affluent consumers and those with lower incomes, stating it 'keeps me up at night.' This growing reliance on wealthier shoppers poses a long-term threat to the economy, highlighting the potential risks of economic inequality. As consumer behavior shifts, it raises questions about the sustainability of businesses that depend heavily on affluent customers, making this issue crucial for understanding future economic stability.