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.