Best Buy Struggling
Learn about Best Buy’s struggle to survive with so many electronics now being offered online…
The retailer posted a $1.7 billion quarterly loss and has announced it’s going to close 50 stores nationwide. Why?
“Shoppers are finding more choices online – primarily at Amazon.com – where they can often find a better deal. At the same time choice has narrowed in product categories such as HDTVs and PCs. There’s hardly a reason anymore to line up various models in a showroom.”