Best Buy, The Big-Box Model, And The Trouble With Real Estate

This morning Best Buy released its fourth quarter statement, reporting a $1.7 billion loss, the closing of 50 big-box stores, the opening of 100 smaller format mobile stores, and the culling of 400 employees. The company also made a point to emphasize gains — 3.4 percent in revenue — and a weak industry, in their [...]

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