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The Case for E-Commerce Acceleration (a.k.a., Bye-Bye, BBY?)

I believe we’re approaching a sea change in retail where physical retail is displaced by e-commerce in a multitude of categories.

New York Slaps Intel With Antitrust Suit

Looks like it’s going to be a very busy fall for Intel legal. This morning, New York Attorney General Andrew Cuomo filed a federal antitrust lawsuit against the company, alleging that it violated state and federal laws with a “systematic campaign” of illegal conduct.
nycdontloveyou

Best of Digital Daily

Mind if I Pay These Late Fees With a Few of My Blockbuster Shares?

Blockbuster in a Monday filing told the Securities and Exchange Commission what anyone who’s observed its fast-declining fortunes has known for some time now: The company isn’t sure it can stay in business much longer. In a PricewaterhouseCoopers assessment included as part of its latest 10-K, Blockbuster acknowledged that its financial situation raises “substantial doubt about the Company’s ability to continue as a going concern.”
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When the Lights Go Down in Circuit City, Redux

Circuit City is powering down for the last time. With its shelves nearly empty after weeks of liquidation sales, the bankrupt consumer electronics chain will shutter its remaining stores on March 8–a bit earlier than originally planned.
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Circuit City's Last Last-Minute Deals

Blockbuster Rumored for Chapter 11: Shares Cheaper Than a Late Fee

The movie rental business is supposed to be recession-proof. That was true for Netflix, which posted great results at the end of 2008 and said this year would be even better. But that hasn’t panned out for Blockbuster, which is reportedly mulling a Chapter 11 bankruptcy protection filing. No confirmation from the company yet, but investors aren’t waiting around to find out: BBI shares are now less than a quarter a piece.
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Voices

Best Buy Added to Goldman Conviction List

Best Buy shares are getting a boost this morning from a bullish note by Goldman Sachs analyst Matthew Fassler, who added the stock to his firm’s Conviction List. Fassler had upgraded the stock to a Buy rating in early January. He has a price target on the stock of $33. Fassler expects the company to benefit from the demise of rival Circuit City.

(Long) Weekend Update, 1.19.09

The Web never stops publishing, but a tech blog definitely slows down on a market holiday. To wit: A (Long) Weekend Update, and best wishes on Martin Luther King, Jr. day.

Voices

Amazon: Will It Benefit From Circuit City's Demise?

J.P. Morgan’s Imran Khan theorized in a research note this afternoon that Amazon.com could eventually be a beneficiary of the demise of Circuit City, which earlier today said it would close all of its remaining stores and liquidate. Khan thinks Amazon could inherit as much as half of Circuit City’s online business.

When the Lights Go Down in Circuit City

Circuit City Takes a Dirt Nap

Weekend Update 11/14/08

Nortel's Death by 1300 Cuts

Android Invasion

Game Over, Schoonover

Best Buy Lands iPhone Deal