Best Buy closing 50 stores, laying off 400

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YAY!  What a stupid company.  Like an earlier Fortune article said, it's inevitable that'll go under but its baffling that basically the only national electronics chain that has no other competitor is struggling.

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Best Buy closing 50 stores, laying off 400: Retailer Best Buy, after reporting a $1.7 billion loss in the quarter ended March 3, said today that it will close 50 of its big-box stores nationwide and cut 400 workers.
The Minneapolis-based company did not immediately identify which of the 50...

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