The problem is increasing at an accelerating rate.
Consumers browse in the brick & mortor stores to choose what they want to buy.
Consumers browse the internet to choose the lowest price for what they wan to buy.
You have identified some of the risks that BBBY faces, but the data continues to show that their strategies manage these risks and grows their business.
Revenue is 15% better than last year. Earnings per share is 8% better than last year. All retailers are taking a cautious approach to Q4 and 2013, so the guidance is not surprising.