The last couple of holiday seasons, I've been writing dire warnings about Best Buy, the big-box behemoth that was struggling mightily with Internet competition. This year, however, the retailer seems to be heading into the retailing season with a spring in its step: Online sales are up, and cost cutting has improved its profit margins. Has Best Buy put the grim readjustment behind it?
I think the answer is: maybe.
Read Full Article »