Flickr

Best Buy is saying goodbye to its iconic yellow price tag logo and hello to a new minimalist design. The electronics company has unveiled an all-new logo that features a bright blue background—and social media can’t help but notice its similarities to other logos.

According to the company blog, the “modernized” logo is part of the company’s new marketing strategy that launched on Wednesday. “The updated logo is true to our heritage, but it’s really cleaned up,” Whit Alexander, Best Buy’s chief marketing officer, said in a statement. “It’s an evolution toward the future, and we’re really excited about that.” Other aspects of Best Buy’s new branding include a website makeover and an ad campaign, which will promote the chain’s shopping experience through commercials and digital videos.

This is the first time in almost 30 years that the Best Buy logo has been updated.

While some people welcomed the change, others said the logo was a bit too similar to others. Many people on social media compared the white-and-blue logo to Bud Light, the Fortnite loading screen and even the film “Finding Dory.” See how social media reacted to the new logo below:

Social Media Reacts to Best Buy’s New Logo and Branding

What are your thoughts on Best Buy’s new, “modernized” logo? Which logo do you prefer? Sound off in the comments section below!

Photo credit: Mike Mozart, Flickr