Best Buy tells Amazon: Take that!

CNN ^ | November 20, 2014: 9:48 AM ET | Jesse Solomon

[BenLurkin]

Best Buy's results are particularly poignant for a company that has fallen victim in recent years to the so-called "showroom effect," in which customers visit stores to check out products in-person, and then go home and buy online somewhere else like Amazon.

Shares of Best Buy jumped 8% in morning trading. The stock took a beating early in the year as investors soured on its turnaround plans, but its since clawed back dramatically, and is now only a few percentage points away from breaking even.

Compare that to Amazon's stock, which has fallen almost 20% this year as quarterly losses mount and investors grow increasingly anxious that the company's big investments in such things as its Fire Phone aren't paying off.

[zeugma]

Yeah Fry’s is pretty good on their deals in store and online and I love their loss leaders.

Big time. Unless you absolutely need something right then, you always wait for the sale. I pick up the Fry's Day Ad every Friday, whether I'm really looking for something in particular or not, just in case something really jumps out at me. Right now, I'm waiting for the right SSD drive to hit my price point before I pull the trigger on that.

[minnesota_bound]

#14 I have Amazon prime and I buy way too much there....
I went to my account and saved the list of past orders for the past 2 years. Now I know why my credit card bill is so much. I order stuff and it arrives in 2 days or sometimes maybe a few days longer. I would never be able to find what I buy as quick and easy if I had to drive to multiple places.