This news is the inevitable follow up from a thread made earlier this year FORBES: Why Best Buy Is Going Out Of Business...Gradually
A few Nastradumbasses in that thread.
However, most of us, seem to see this as overdue. They may survive as a niche player, with a very small physical footprint, but the present incarnation is doomed.
This news is the inevitable follow up from a thread made earlier this year FORBES: Why Best Buy Is Going Out Of Business...Gradually
A few Nastradumbasses in that thread.
However, most of us, seem to see this as overdue. They may survive as a niche player, with a very small physical footprint, but the present incarnation is doomed.
Shadowing Dunn are critics calling for his dismissal. Dunn says he pays them no heed.
"I don't give them any time or attention," he said. "I've been at this company for 28 years. I'm sure our strategies are right
Very interesting, thank you.Peter Drucker has a theory that for every management layer that information passes through, it looses 50% of its value...
When I saw Best Buy's CEO on TV recently, I thought that he was an excellent example of Drucker's theory.
My perception is that the economic dynamics are against the Big Box stores. But it can't be good when the CEO doesn't have a clue.
Since I can get to a Fry's in about 12 minutes, I'm not too concerned. But if we loose all of the big box stores, the world will be a smaller place.
Uno
Best buy=n00bs
Seriously they are like the Mcdonalds of electronics
fry's is such a better store to dork out with. they're advertising arduino boards in today's paper. how neat is that?
i had some time to kill before a meeting in a center that also had a best buy. i stepped in and realized i hadn't been in a best buy in several years. that was kind of shocking to me considering how often i used to go 10 to 15 years ago.
Very interesting, thank you.
Comments -
1. That consumerist pic of him = invisible dicks are everywhere! Pardon my vulgarity.
good call. it matches the microphone dick in the katie perry ad
2. He seems pleased with their online presence. He should be, it will be just about all they have when the dust settles.
the same online presence with jacked -up prices and in-store redirects to even higher prices?
3. He sees BB as a showroom for the vendors, and, that is somehow an advantage? The guy is delusional. What good is that, if they kick the tires in your high overhead b&m, then buy it some place else?
most people are only now catching on. he has not caught on
4. He is basically conceding that the small, mobile, stores, are going to phase in as the existing big showrooms phase out. With just a few big stores left in areas where they perform well.
go where the money is, i guess. no love lost here.
So I'm watching the local news last night and the entertainment reporter is explaining the Best Buy news release. He says that consumers will miss the knowledgeable employees who make sure that you are getting the right product for your needs.
I think he must have talked to an assistant manager who quoted from the company manual.
We all have our BestBuy horror stories. I'll spare you mine... But we all have one.
I can get stuff faster from Amazon Prime, cheaper, taxless, and did I say faster than waiting in a line at BB.
Amazon will be charging tax later this year. But yes best buy is still grossly overpriced.