May 30, 2012
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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