If $BBY was smart, they would go into a completely different business. @RandazzoC @BestBuy— Rocco Pendola (@Rocco_TheStreet) September 27, 2013I meant that when I said it last week. Just because stores exist where you can browse and possibly purchase consumer electronics today doesn't mean they can, need to or will exist tomorrow. At some point, you have to completely and entirely disrupt yourself or come to terms with the likely reality that humanity has passed by the specific sector you operate in. Apple already created and perfected the Apple Store; you're not going to recreate anything even near as successful. Compare it to your own life or your son's or daughter's, particularly if you or they are coming up during this time when so many people go through multiple careers. When the factories were closing down around them, the survivors did something. They went out and got an education, learned a new skill, opened their own business. Something, anything to keep the world from passing them by. We can cut examples from other cloths all day long. Bottom line -- until we're meaningfully shown otherwise, JCP's demise should serve as an augury of what lies ahead for Best Buy. Corporate death followed by more corporate death. These stocks will do whatever they do, but remember, there's often a major disconnect between what happens on Wall Street and what's happening inside a dysfunctional company. Follow @rocco_thestreet -- Written by Rocco Pendola in Santa Monica, Calif.
J.C. Penney Crashed, Best Buy Is Next
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