Best Buy's Inevitable Decline
May 30th 2012 1:29PM
Updated May 30th 2012 1:30PM
The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.
David does not think Best Buy will be able to turn things around. First, e-commerce won't be stopped, and it's leaving Best Buy behind. Also, product companies like Apple don't really need Best Buy to sell their wares anymore. Most worrying of all -- Best Buy is becoming irrelevant. Customers just don't need their expertise anymore when looking to make a purchase. Sadly, the move away from big-box retailing is just too strong for Best Buy.
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At the time this article was published David Meier owns shares of Apple. John Reeves owns shares of Apple. The Motley Fool owns shares of Apple, Amazon.com, Best Buy, and TripAdvisor. Motley Fool newsletter services recommend Amazon.com, Apple, and TripAdvisor . Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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