Comment Re:Best buy became redundant in 2005 (Score 1, Insightful) 141
I don't think Best Buy is competing with Amazon so much as they are competing with advances in technology. People don't buy CDs, or DVDs anymore. And most video/computer games are downloaded. AND...everyone just bought a giant TV in the last ten years (or less), and has no interest in replacing it anytime soon. AND...most of the population has replaced their computer with a smartphone. AND...the people that still use computers regularly aren't upgrading as much as they used to.
So...what does that leave for Best Buy to sell? Not very damn much. Home appliances. Smartphone accessories. Car stereo installations. Those are high-margin items, but they aren't big sellers.
Closing most of their stores makes sense, I think. But it also means that they aren't going to last much longer in any form. They don't sell many things that anybody wants.