It probably was inevitable that Best Buy would start to feel the impact of competition from online sites. It now appears as though the serious pressure has arrived.
While Best Buy remains the largest electronics retailer, consumers these days are used to having multiple options for everything, and many of the other retailers are rapidly encroaching on the space. It goes without saying that the competition is online.
Monday, April 11, 2011
Best Buy Lags Online Sites
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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