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 Best Buy stock, which was one of the worst performers in 2012, has more than tripled this year.
 Best Buy stock, which was one of the worst performers in 2012, has more than tripled this year.
(BRENDAN McDERMID/REUTERS)

LEX

Retail-chain gang searches for way forward in an e-commerce world

Lex is a premium daily commentary service from the Financial Times. It helps readers make better investment decisions by highlighting key emerging risks and opportunities.

Are there second acts in American retail? Tuesday’s earnings from Best Buy and Barnes & Noble – both of which are the last chain standing in categories decimated by Amazon and Internet sales generally – suggest different answers.