“If the only sales are online sales then the malls become unsustainable and Main Streets wither and die. In the end, the prices may be better but the future is bleak.” – Ellis Henican
Best Buy has begun to acknowledge that its big-box business model, which dominated electronics retailing for much of the past two decades, is no longer working. With shoppers only going to stores to look and then searching online for better deals – the electronics chain said it would have to begin by closing 50 big-box stores this year and laying off 400 corporate and support workers.
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