How Best Buy Dodged The Grim Reaper Of Retail

"Five years ago Best Buy Co. looked like a retail dinosaur, another victim of e-commerce juggernaut Amazon.com and other online sellers. The big-box electronics chain was suffering dwindling sales and profits due in good part to "showrooming," when shoppers would come in to a Best Buy store to check out televisions, computers and other items in person, and then buy them at cheaper prices at Amazon or elsewhere online."
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"Five years ago Best Buy Co. looked like a retail dinosaur, another victim of e-commerce juggernaut Amazon.com and other online sellers. The big-box electronics chain was suffering dwindling sales and profits due in good part to "showrooming," when shoppers would come in to a Best Buy store to check out televisions, computers and other items in person, and then buy them at cheaper prices at Amazon or elsewhere online."
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Amid the ashes of retail bankruptcies and store closures, Best Buy remains a vital bastion against the digital assault on brick-and-mortar. Here's how it did it.

"Five years ago Best Buy Co. looked like a retail dinosaur, another victim of e-commerce juggernaut Amazon.com and other online sellers. The big-box electronics chain was suffering dwindling sales and profits due in good part to "showrooming," when shoppers would come in to a Best Buy store to check out televisions, computers and other items in person, and then buy them at cheaper prices at Amazon or elsewhere online."

Read More at Los Angeles Times

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