Electricals giant Best Buy recorded a 1.7% fall in like-for-like sales during its first quarter ended May 28. Total sales grew by 1.4% to $10.9bn (£6.74bn ), but fell 0.8% in the US domestic market to $7.86bn (£4.86bn).

Internationally the picture was better, with sales up 7.6% to $3.08bn (£1.9bn), or a 0.4% increase on a like-for-like basis. This was mainly driven by the Five Star business in China. Growth categories in the US included mobile phones, up 28%, mobile computing (including tablets), e-readers, appliances and services. Online sales grew by 12%.