It seems like Americas financial problems are set to continue with Best Buy reporting major price increases, declining sales and an economic downturn for the rest of the year. Just a few years ago Best Buy stores were filled with buzzing shoppers huddled around displays carrying the latest gadgets from the likes of Microsoft and Apple.
Every aisle was busy, video game counters were filled with gaming enthusiasts, and employees were racing to help out customers. From flat-screen TVs to the latest mobile phones, there were lines at the checkout counter. However, in recent years, it has all gone wrong for the Biggest American retailers who are now facing a nightmare scenario.
Poster Comment:
That is because the dollar has been down in value lately making all those imported items more expensive. Too bad they Passed NAFTA and sent 80,000 US manufacturing plants and sent those jobs overseas.