Fascinating news this month. Best Buy is moving to smaller stores in denser communities as the suburbs and suburban malls decline. So did Standard and Poor's misunderstand the strategy when they downgraded Best Buy?
NineShifter Paul Franklin comments: "Best Buy is interesting. Many of the big boxes are seeking smaller store in more dense areas. Big move afoot by Walmart in Portland to find new locations in closer to the city center.
"Very interesting move. One reason S&P downgraded Best Buy was their product strategy. S&P thinks they need to move away from big TVs and the like and into more mobile/small technology. They did wrongly attriubute Best Buys move to more dense areas as something other than you and I see it as. This one will be interesting to follow."