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While Best Buy has struggled in recent years, the consumer electronics chain posted better than expected results for the fourth quarter with comp store sales up roughly one percent.
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The names are a mouthful and the play-by-play guys seemingly had to keep mouthing them (no wonder, considering the game sponsors are also broadcast sponsors) while pretending not to notice how often the comp-seat "fans" deserted the stands after one good toddy.
FORBES: Magazine Article
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It is not a pretty picture, and while Dick Schulze may have once been a visionary, the specter of failed retailers such as Circuit City and Comp USA, as well as the current struggles of Radio Shack and Game Stop, makes one wonder whether any consumer electronics retailer will ever recapture the glory days of growth and lofty multiples.
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