Best Buy Proves Brick and Mortar is Here to Stay

Consumer electronics retailer Best Buy (NYSE: BBY) is the last and the largest pure-play electronics big box store. They’ve outlasted prior competitors like Circuit City, CompUSA, The Wiz, Erol’s, Best Products, Radio Shank, H.H. Gregg, and Sam Goody’s just to name a few. Its main competitors nowadays are either privately held like Microcenter or carry basic electronics along with other consumer products like Walmart (NYSE: WMT), Costco Wholesale (NASDAQ: COST), and Target (NYSE: TGT). Expectations were low heading into its Q3 2022 earnings report especially since 2021 was such an outlier year for PC and TV sales. They beat their own lowered Q3 2022 guidance which enabled them to

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