Are Rumors of Best Buy's Death Exaggerated?

Best Buy in Alexandria, VA

Count me among those who think Best Buy's days are numbered. Yet these facts from Bloomberg Businessweek suggest otherwise:

"Best Buy has time to right itself. The company still has $50 billion in revenue, a dominant share of its market, and a strong balance sheet. Showrooming isn’t as pervasive—yet—as it’s portrayed in media coverage. A recent study by Stevenson Co.’s TraQline Report shows that people who shop at a Best Buy but then buy online elsewhere account for only 5.4% of the company’s shoppers. Still, the company has given its blue shirts the power to match some Amazon prices during the holidays, partly to offset showrooming."