In a highly publicized article, Forbes argues that Best Buy is not long for this world.
I can’t disagree with any individual point in the article. Some of the problems Larry Downes identifies existed when I worked there in the early 1990s–I’d spare you the joke about being young, naive, and needing the money, but it’s too late now–but in the 1990s they could get away with that, sort of, because there were competitors who tried to get away with worse.
Sears/Kmart is a favorite whipping boy, but they have one very big thing up on the land of the blue shirts. I can make a five-minute trip to Sears or Kmart–particularly Sears Hardware–to pick up a couple of things, and I do so fairly frequently. I tried a couple of weeks ago to do that at Best Buy, and, like the author said, calling it a miserable experience is putting it mildly.