Best Buy Canada report shows 63% of Canadians buy refurbished, open-box or trade-in tech in past year

• Best Buy Canada’s 2026 Back-to-School Tech Shopping Report flagged rising demand for recirculated electronics, with 63% of Canadians buying refurbished, open box, or trade-in devices.
• Gen Z led adoption at 71%, followed by millennials and Gen X at 65%, then boomers at 55%, pointing to a widening generational split.
• Cost remained the main purchase driver, cited by 81% of Gen Z and millennials; environmental impact ranked second for younger cohorts.
• Refurbished devices averaged about 40% savings versus original retail prices, supported by a minimum three-month guarantee.
• Open box purchases delivered about 28% average savings, with strongest consideration among Gen Z and millennials.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Best Buy Co. Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260817620658) on August 17, 2026, and is solely responsible for the information contained therein.