Best Buy closing 50 stores.

[God Mode]

Economy is changing the rules of business. Either stop with the sleazy upsell and insulting catch phrases that only works on people when times are good and find other ways to bring in revenue or shut down.

 

[Don Karnage]

Close them all. I'd rather shop at walmart and amazon

 

[ch33zw1z]

Anyone see Geek Squad setting out on their own? Serious question, I really don't know how they fare business wise. Based on their pricing, a steady flow of customers must yield profits...

 

[VirtualLarry]

Let's all hope that BestBuy goes out of business, and gets bought out by Microcenter, and they expand their list of stores.

 

[Don Karnage]

Anyone see Geek Squad setting out on their own? Serious question, I really don't know how they fare business wise. Based on their pricing, a steady flow of customers must yield profits...

Those guys are the worst. Im not sure how they're still around.

 

[ch33zw1z]

Those guys are the worst. Im not sure how they're still around.

I don't disagree, but you still see people standing at the counter.

They staff 1 actual tech per shift, the rest are sales associates with little to no technical expertise.

 

[dmcowen674]

Let's all hope that BestBuy goes out of business, and gets bought out by Microcenter, and they expand their list of stores.

The Best Buy in West Dundee is within bicycle distance of me is closing.

No surprise, they had hardly anything in stock in the store.

Would go there for something and they never had it. They would give us a print out with the other stores that have the item in stock.

Would be awesome if Microcenter moved in. The nearest once is an hour away.

4-14-2012

http://www.chicagotribune.com/news/...cago-store-closings,0,7449789.story?track=rss

Best Buy to close 6 Chicago-area stores



Best Buy announced today that six Chicago-area stores will be among the 50 nationwide that the retailer plans to close.


The locations for the six stores are: 1038, N. Rohlwing Rd. in Addison, 8900 S. Lafayette Ave. in Chicago, 200 S. Waukegan Rd. in Deerfield, 4707 Lincoln Mall Dr. in Matteson, 1100 N. Route 83 in Mundelein, and 979 W. Main St. in West Dundee.

The Chicago, Matteson, Mundelein and West Dundee stores will be closed today but will re-open Sunday for final sales before closing for good May 12

The release said that the company still has 53 locations in the Chicago region — 44 stores and 9 Best Buy Mobile stores.

 

[OverVolt]

walmart sells their own model numbers with crappier components than what is sold in best buy

Then why isn't BBY advertising this and say they have higher quality TVs? This is why BBY fails, they just try and sell warranties instead, but everyone caught on a long time ago.

I'm not saying BBY is doomed just because they are BBY, but they are doomed because management is stupid.

Well its not that their management is stupid, its that their management thinks the customers are stupid and that they can continually take advantage of the customers with the same old bag of tricks from 1990. If BBY had more expensive TVs and advertised they had better quality TVs over walmart and target and amazon that would be an effective retail strategy but that is NOT what they do.

 

[T_Yamamoto]

Let's all hope that BestBuy goes out of business, and gets bought out by Microcenter, and they expand their list of stores.

YES! thatll be awesome because there is plenty of BBs near me but no MC

 

[alkemyst]

Then why isn't BBY advertising this and say they have higher quality TVs? This is why BBY fails, they just try and sell warranties instead, but everyone caught on a long time ago.

I'm not saying BBY is doomed just because they are BBY, but they are doomed because management is stupid.

Well its not that their management is stupid, its that their management thinks the customers are stupid and that they can continually take advantage of the customers with the same old bag of tricks from 1990. If BBY had more expensive TVs and advertised they had better quality TVs over walmart and target and amazon that would be an effective retail strategy but that is NOT what they do.

Walmart is probably demanding better components though. I know for a fact they do in some of their vitamin/supplement line ups.

 

[rayfieldclement]

I like Best buy ever since I bought 2 Kenwood CD players there and my Cardioglide there. I hope they do not go under major.

 

[hclarkjr]

Locations of 2012 U.S. Best Buy store closings

Store Name​

Address​

City​

State​

Casa Grande​

1004 N Promenade Pwy​

Casa Grande​

AZ​

Lake Pleasant​

10134 W Happy Valley Rd​

Peoria​

AZ​

East Palo Alto​

1751 E Bayshore Rd​

East Palo Alto​

CA​

Westwood​

10861 Weyburn Ave​

Los Angeles​

CA​

Manteca​

934 Perimeter Dr​

Manteca​

CA​

Moreno Valley East​

27220 Eucalyptus​

Moreno Valley​

CA​

Ontario​

4120 E 4th St​

Ontario​

CA​

Pittsburg​

4405 Century Blvd​

Pittsburg​

CA​

Jamboree​

2857 Park Ave​

Tustin​

CA​

Arapahoe & Parker​

15800 E Briarwood Cir​

Aurora​

CO​

The Forum​

9370 Dynasty Dr​

Fort Myers​

FL​

Oldsmar​

11655 W Hillsborough Ave​

Tampa​

FL​

Fayetteville​

128 Pavilion Pkwy​

Fayetteville​

GA​

Loganville​

4014 Atlanta Hwy​

Loganville​

GA​

Addison​

1038 N Rohlwing Rd​

Addison​

IL​

87th & Dan Ryan​

8900 S Lafayette Ave​

Chicago​

IL​

Deerfield​

200 S Waukegan Rd​

Deerfield​

IL​

Matteson​

4707 Lincoln Mall Dr​

Matteson​

IL​

Mundelein​

1100 N Rt 83​

Mundelein​

IL​

West Dundee​

979 W Main St​

West Dundee​

IL​

Speedway​

10500 Parallel Pkwy​

Kansas City​

KS​

Back Bay​

360 Newbury St​

Boston​

MA​

Wareham​

2421 Cranberry Hwy​

Wareham​

MA​

Inner Harbor​

600 E Pratt St​

Baltimore​

MD​

Hunt Valley​

118 Shawan Rd​

Hunt Valley​

MD​

Biddeford​

405 Mariner Way​

Biddeford​

ME​

*Brooklyn Center​

5925 Earle Brown Dr​

Brooklyn Center​

MN​

*Edina​

3200 Southdale Cir​

Edina​

MN​

*Hutchinson​

1350 Hwy 15 S​

Hutchinson​

MN​

*Lakeville​

18350 Orchard Trl​

Lakeville​

MN​

Rochester South​

4540 Maine Ave Se​

Rochester​

MN​

*Rogers​

20870 Rogers Dr​

Rogers​

MN​

Ellisville​

15678 Manchester Rd​

Ellisville​

MO​

Monroe​

3151 W Highway 74​

Monroe​

NC​

Rocky Mount​

1100 N Wesleyan Blvd​

Rocky Mount​

NC​

Millard​

12210 K Plz​

Omaha​

NE​

East River Plaza​

517 E 117th St​

New York​

NY​

Steelyard Commons​

3506 Steelyard Dr​

Cleveland​

OH​

Salem Mall​

5031 Salem Ave​

Dayton​

OH​

Caguas​

Las Americas Expry PR52 Zafiro​

Caguas​

PR​

Middletown​

890 W Main Rd​

Middletown​

RI​

Hickory Hollow​

5255 Hickory Hollow Pkwy​

Antioch​

TN​

Techridge​

12901 North I-35​

Austin​

TX​

*Woodlake Parkway​

6218 Woodglen​

San Antonio​

TX​

Landmark Mall​

5901 Stevenson Ave​

Alexandria​

VA​

Cosner's Corner​

9745 Jefferson Davis Hwy​

Fredericksburg​

VA​

East Richmond​

4410 S Laburnum Ave​

Richmond​

VA​

Mill Plain​

16611 Se Mill Plain Blvd​

Vancouver​

WA​

* indicates stores notified March 29, 2012 of closure plans​

Note: Two stores in Kansas City, MO (Metro North) and Scottsdale, AZ (Shea) permanently closed in February 2012.​

 

[hclarkjr]

http://pr.bby.com/phoenix.zhtml?c=244152&p=irol-newsArticle&ID=1683036&highlight=

 

[Doppel]

Just saw on cnbc they are closing 42 more in addition to the 50.

 

[SKORPI0]

Just saw on cnbc they are closing 42 more in addition to the 50.

http://www.cnbc.com/id/47050682

So the total would be 92 not 50?

 

[Gibson486]

Then why isn't BBY advertising this and say they have higher quality TVs? This is why BBY fails, they just try and sell warranties instead, but everyone caught on a long time ago.

I'm not saying BBY is doomed just because they are BBY, but they are doomed because management is stupid.

Well its not that their management is stupid, its that their management thinks the customers are stupid and that they can continually take advantage of the customers with the same old bag of tricks from 1990. If BBY had more expensive TVs and advertised they had better quality TVs over walmart and target and amazon that would be an effective retail strategy but that is NOT what they do.

No, it's because it is only the partial truth. For normal products, the model numbers are different because they want to eliminate price matching and the vendor does not want to deal with companies bitching about special pricing. HP used to do this years ago with Sam's Club. They had the HP 722C printer, but at Sam's club it was HP 720C. They were the same printer, but they sold the 720C for $50 less.

At the moment, I work for one of walmart's biggest suppliers (trust me, it is not a good thing). Stuff may be different model numbers, but they are all the same product found in different stores. They only time you may get a different product is when you get those mysterious black friday models....you know, the models that show up with no history of being sold ever. Those models could be little differences from taking away certain accessories to something big like taking an electronic function away.

 

[Anubis]

http://www.cnbc.com/id/47050682

So the total would be 92 not 50?

is there a list of the 42 additional yet?

neither of the 2 near me were on the original list

 

[SarcasticDwarf]

The two closing in Arizona are both in areas that were rapidly growing but new development died out. My guess is that there just is not enough people in the area to support the stores.

 

[Gibson486]

I laughed when I found out that the BB store in Boston's Back Bay is going to close. WTF were they thinking? Who in their right mind thought opening a store in that area would be a good idea....

 

[Anubis]

I laughed when I found out that the BB store in Boston's Back Bay is going to close. WTF were they thinking? Who in their right mind thought opening a store in that area would be a good idea....

someone who thought "the rich people here will buy our overpriced shit"

there are what 2-3 other ones in Boston itself and like 1 in every town around it

 

[SKORPI0]

Well, whoever wrote that report indicating it's an additional 42 stores, besides the 50 stores didn't read the BB posting properly. It's 50 stores to save $800 million.

This latest drama surrounding Best Buy came shortly after the company announced that it was closing 50 stores in an effort to save $800 million dollars. The company has already closed two of the 50 stores, and notified six others that they would be closing.

Yesterday, the company revealed the list of the remaining 42 stores that will be closed. Best Buy expects that most of the stores will permanently shut their doors to customers by May 2.

 

[OverVolt]

Wow so now they are closing 184 stores!?

 

[OBLAMA2009]

it looks like theyre closing the stores in the ghetto neighborhoods like east palo alto

 

[QueBert]

They must be doing good in some areas, there's a BB about 6 miles from my sisters house, and last year they opened another about 1 mile from her. I have no problem with BB, I hate waiting for items to ship, and they always price match Amazon for me. Yeah BB charges tax, but I'm not hit with shipping, and I don't have to wait. Even on Amazon items that have free shipping, I'd rather pay tax and have the item instantly.

 

[AznAnarchy99]

They must be doing good in some areas, there's a BB about 6 miles from my sisters house, and last year they opened another about 1 mile from her. I have no problem with BB, I hate waiting for items to ship, and they always price match Amazon for me. Yeah BB charges tax, but I'm not hit with shipping, and I don't have to wait. Even on Amazon items that have free shipping, I'd rather pay tax and have the item instantly.

With no tax, $4 next day shipping. Its not like anything from best buy is of dire need. I can wait 24 hours.