Recently, Taha Bhopalwala wrote a blog discussing the depletion of the electronic department stores and how one past giant, Best Buy, is gradually running out of business.

In a recent effort to counteract the revolution from big box stores to online shopping, Best Buy have announced the addition of the past president and CEO of Domino’s pizza, J. Patrick Doyle, to its board of directors. Doyle became the CEO of the struggling pizza chain in 2010, and since this change he has managed to double their profits and watch their stock rise 600%.

An article by Rich Duprey highlights Doyle’s dramatic turnaround of one of the largest global pizza chains, with Best Buy hoping to receive the same improvement. Although the trends are against Best Buy because of online competitors, the article states, “analysts find the company has almost reached price parity with Amazon.” This gives confidence for the foreseeable future of Best Buy if Doyle manages to find a way to engage the customer and create a point of difference in order to stay alive in this competitive market.

https://blogs.ubc.ca/tahabhopalwala/2014/09/27/is-it-really-the-best-buy/

http://www.fool.com/investing/general/2014/11/07/can-a-pizza-guy-turnaround-best-buy.aspx