Best Buy’s sales are down.

Best Buy said it expects sales at stores open at least 14 months, or same-store sales, to fall slightly in the fourth quarter on lower revenue for advanced televisions, MP3 devices and video games.

Shopper traffic declined in January, Best Buy said, as U.S. consumers hesitated to part with their dollars in the face of higher food and fuel costs and a slowing housing market.

[MSN] (Thanks, Matt!)

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