Behind the turmoil, Best Buy shows upside



By Thomas Lee, Star Tribune

“Don’t count out Best Buy just yet.

Though it is beset with the distractions of leadership turmoil and a slumping stock price, Best Buy Co. Inc. remains a global powerhouse — a company that sells more televisions, computers and tablets than any other retailer in the world.

Combined with its investments in e-commerce, Geek Squad and smaller mobile stores, Best Buy has ample time and money to thrive in the Internet age, just as it conquered traditional retailing with its ubiquitous big boxes, industry analysts say.”

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