Constant Change
Best Buy was expected to do very well after Circuit City closed. That has not been the case. While concentrating on fairly large stores….Best Buy has been impacted by on-line retailers….especially in electronic sales.
Best Buy may not be the best buy….Amazon has it….other reputable on-line retailers also.
Best Buys strategy has to be one of adapting to a changing business model. Electronics are easily compared and bought on the Internet….appliances a different story.
Best Buy to survive must adapt….otherwise it may be on the Circuit City path.
Advertisements
