Best Buy Co., Inc. (NYSE:BBY)
CAPS Rating:
The Company is a specialty retailer of consumer electronics, home-office products, entertainment software, appliances and related services.
The Company is a specialty retailer of consumer electronics, home-office products, entertainment software, appliances and related services.
Recs
The model is destined for failure. Electronics inventory dies quickly and online retailers are sweeping sales from big box stores nationwide. Any customers that still feel the need to buy electronics in-person will be headed to more convenient and (at least as) cheap options like Wal-Mart.