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Best Buy's price-shredding turnaround is working

from Bloomberg Businessweek

A long-awaited turnaround appears to be taking hold at Best Buy. The electronics retailer recently reported its best quarterly results in two years, cheering investors who had long wondered whether the sale of TVs, stereos and other entertainment gadgetry had shifted permanently to the Internet and forever away from big-box retailers such as Best Buy and defunct Circuit City and Tweeter. more


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