Please ensure Javascript is enabled for purposes of website accessibility

Best Buy's Latest Grasp at Survival

By Doug Ehrman - Apr 8, 2013 at 3:58PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Despite its challenges, Best Buy continues to look for new ways to attract consumer attention.

Best Buy (BBY -1.31%) has been struggling for some time to revitalize its business and return to relevance as it fights the increasing shift toward online retailers. To this end, the company has looked at various strategic partnerships as a creative way to drive business -- not long ago, Best Buy piloted offering Geek Squad services inside other retailers. With the increasing importance of personal electronics, Best Buy is now looking to Samsung.

In the video below, contributor Doug Ehrman discusses an important new alliance that Best Buy hopes will allow it to fight another day. Find out his views on how successful this move might be for the retailer and its new partner.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Best Buy Co., Inc. Stock Quote
Best Buy Co., Inc.
$72.36 (-1.31%) $0.96
Apple Inc. Stock Quote
Apple Inc.
$137.59 (0.17%) $0.24
Alphabet Inc. Stock Quote
Alphabet Inc.
$2,178.16 (-1.34%) $-29.52

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 05/22/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.