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Tonal gym equipment manufacturer announces partnership with electronics retail giant Best Buy
Let's kick it old-school, folks! Tonal, the home gym sensation, is now available for purchase on Best Buy's digital playground, as announced last week. Get ready to sweat it out with Geek Squad Agents handling the delivery and installation – all included in your purchase price!
This collaboration marks a significant milestone for Tonal, kickstarting a massive retail expansion. According to a company statement, this partnership allows Tonal to tap into new audiences via the trusted retail giant.
Best Buy's got its eyes on expanding its product assortment, and Tonal's inclusion seems to be right on time. However, it's worth noting that the search results don't clearly indicate whether Best Buy broadened its product lineup to include health and wellness products like Tonal in 2022.
Best Buy currently boasts over 5,000 health and wellness items in its inventory, covering fitness, recovery, beauty, skin care, and baby tech, as per a recent discussion by CEO Corie Barry. To explore these new offerings, Best Buy has introduced "Yes, Buy Sells That," a useful resource available on their website and app.
Recent financial updates suggest Best Buy's third-quarter revenue took a hit, dropping nearly 8%. But fear not, stabilization in the electronics sector is on the horizon, as projected for 2024.
Remember Tonal's partnership with Nordstrom in 2021, setting up 40 demo spaces in the women's active department? The brand's founder, Aly Orady, stepped down as CEO and took on the role of chief technology officer this spring. Keep an eye on Tonal's future movements – it's shaping up to be an exciting ride!
- The AI-powered home gym system, Tonal, has entered the retail industry in 2022, making its products available at Best Buy, broadening the electronics sector.
- As part of this business expansion, Tonal aims to reach new audiences through its alliance with the trusted retail giant, Best Buy.
- In the ever-growing health and wellness industry, Best Buy's inventory now includes over 5,000 items, such as fitness equipment, skin care products, and baby tech.
- To help consumers navigate this vast array of health and wellness products, Best Buy has launched "Yes, Buy Sells That," a user-friendly resource on their website and app.
- The collaboration between Tonal and Best Buy is expected to influence the retail business, particularly in the space of health, fitness, and electronics.
- Despite the dip in third-quarter revenue in 2022, financial updates suggest that the electronics industry will stabilize and show growth by 2024.
- Keeping an eye on trends in the technology and retail businesses, Tonal's recent changes in leadership – with Aly Orady transitioning from CEO to chief technology officer – could lead to significant advancements in the brand's AI, health, and wellness offerings.
