The brightly lit aisles of Best Buy have a certain pallor to them these days. Geek Squad employees have been axed. More than 50 stores are closing. The consumer-electronics retailer is treading water in a sea full of hungry online competitors.
Will Best Buy go the way of dearly departed Circuit City? Sales are slumping and profit is shrinking into losses. Consumers are avoiding the mazelike store layouts and shopping around for deals online. Apple Stores are popping up everywhere and Microsoft is expanding its brick-and-mortar presence.… Read more