Quote from denner:
It really is just more proof positive of the long term effects of the internet on the bricks and mortars industry. Slowly but surely, retailers are dying off as the demographics catch up and, as others have mentioned, there is just no way to be price competitive with all of the overhead plus sales taxes.
Best Buy with less direct bricks and mortars competition is slowly falling apart and that pretty much tells the whole story. And once again, someone has to come clean with the fact that this idea of jobs re-surfacing is total fiction. The internet and online retail was always going to be a complete jobs killer. Takes out all the wage earners and funnels the profits more directly. It's simply taken time for the consumer to become conditioned to the shifting dynamic in purchasing online vs at the mall.
