Is best buy going out of business?
Yes, I think Best Buy will be going out of business. The company is losing market share. Its last earnings announcement disappointed investors. In 2011, the company’s stock has lost 40% of its value. Forward P/E is a mere 6.23. ChaCha!
Answered
by Allen C.
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Older Answers
Best Buy is on a small list of big box electronics retailers that aren't in financial peril. Circuit City looks to be next to go.
Answered -
Best Buy isn't going out of business. Circuit City is liquidating b/c it can no longer compete w/ stores such as Best Buy.
Answered by Cindy M. -
I can find no confirmation that Best Buy is going out of business. Thanks for using ChaCha!
Answered by Daniel M. -
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