Market analyst firm Canalys said this week that it expects more big-box retailers like Best Buy to disappear like CompUSA and Circuit City. But who will replace them? Supermarkets.
Canalys predicted that the largest electronic retailers will continue fading away, as more and more consumers shop on price, and not the ability to touch and feel electronic items. Those retailers may eventually just evolve into physical showrooms for vendor products, possibly even moving out of retailing altogether, Canalys wrote.
More Suggested Content:
Best Buy's Mikan Addresses Employees
April 20, 2012
Best Buy has released a video with its interim CEO, G. Mike Mikan, laying out his vision for the company following the departure of former CEO Brian Dunn.
Best Buy Confirms Store Closure Locations
April 15, 2012
Best Buy Friday announced the locations of the 50 big-box locations that it plans to close. The stores will finish the closing process by May 12, the company said.