There was a time when some of the biggest electronics retailers in the world had issues with Amazon. They realized that the online retail giant was able to beat them on price, and with more and more people coming to its site, it had the ability to take them down.
The past is littered with companies that tried to go up against Amazon, including Circuit City, CompUSA, and others. Best Buy is now having some trouble competing against online giants like Amazon, and by the look of things, eventually, only mega retailers like Walmart, as well as small boutiques, might survive the online onslaught.
