I hate to disagree but Best Buy is facing stiff competion and does have many national competitors. See the article below from their 3rd quarter last year: Higher competition and lower consumer demand combined to bite into Best Buy's sales and earnings in the third quarter. For the quarter ended November 27, the electronics retailer yesterday reported earnings of $217 million versus $227 million a year ago, while sales trickled down 1 percent to $11.9 billion from $12 billion last year. Both numbers were lower than analysts had anticipated, according to Bloomberg. Sales and earnings both fell in Best Buy's third quarter. (Credit: Best Buy) Why the downturn? The quarter was hurt by weaker-than-expected sales of TVs, computers, and entertainment software as Best Buy faces increased competition from online retailers such as Amazon and rival stores such as Wal-Mart and Costo, all of which can offer lower prices. The one bright spot was in the mobile area where demand for smartphones andtablets (i.e, theiPad) helped somewhat to compensate for the poor results elsewhere. Read more: http://news.cnet.com/8301-1001_3-20025706-92.html#ixzz1WGFK8Wcb