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Best Buy plans to close 50 big stores...

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  • kingdom warrior
    OH JES!!
    • Jul 21, 2005
    • 12478

    #16
    Feel bad for the workers to lose their jobs in a bad economy........but for the company they can rot in Hell......

    Comment

    • boss
      Talkative Member
      • Jun 18, 2003
      • 7217

      #17
      I've said it before and I'll say it again... I worked for a small, locally owned audio/video store when Best Buy and Circuit City came to town within months of each other back in the 90's. Their cutthroat tactics we're hard to overcome. So, I'm not sad to see either of them go.

      BTW... the small A/V store is now celebrating its 40th anniversary.
      Fresh, not from concentrate.

      Comment

      • vulcan2074
        Live Long and Prosper
        • Mar 23, 2008
        • 7817

        #18
        Thats terrible. I used to go their alot until they downsized their DVD section.
        Sammy

        Comment

        • Boshek
          Veteran Member
          • Jun 26, 2011
          • 415

          #19
          I use to have much joy going to Circuit City and Best Buy to look at their movies, music and video games. Not any more ...
          Check out my YouTube page

          Comment

          • Thor
            Thunder God
            • Dec 17, 2009
            • 679

            #20
            Originally posted by kingdom warrior
            Feel bad for the workers to lose their jobs in a bad economy........but for the company they can rot in Hell......
            I agree. But if they do go down. My only electronics store options are WM and Target.
            sigpic


            "I've seen things you wouldn't believe."

            - Roy Batty

            Comment

            • madmarva
              Talkative Member
              • Jul 7, 2007
              • 6445

              #21
              Amazon nearly always beats Best Buy's price, as does Wal-Mart and most of the time Target on DVDs, Blu-Rays and CDs (yeah I still buy em), in my area.

              Wal-Mart's not going anywhere, though. It not only puts the squeeze on locally owned businesses, but also on chains like Best Buy. As big as Best Buy is, it can't compete with Wal-Mart on volume. Wal-Mart has become like insurance providers with its vendors. Wally World tells the vendor what it will pay rather than the other way around just like the insurance companies do with hospitals, doctors and dentists, and all the vendors can say is "Yes, sir, and thank you, sir," because of the volume Wal-Mart purchases.

              Wal-Mart will reverse engineer a product to find out if it can be produced more inexpensively than how the vendor is producing it and then tell the vendor to produce the product Wal-Mart's way to save money so Wal-Mart can pay a lower price. If the vendor won't do it, Wal-Mart takes the process to the vendor's competitor. Cut-throat.

              Every Tuesday, the Wal-Mart (the stores are across the street from each other) in my town undercuts Best Buy's new releases on DVD and Blu-Rays by anywhere from a nickle to a quarter.

              Not much money, but if you are buying groceries, it's a lot easier to get that DVD at Wal-Mart than to drive over to Best Buy after shopping.

              Comment

              • VintageMike
                Permanent Member
                • Dec 16, 2004
                • 3385

                #22
                I still go to BB a couple of times a month and despite the downward spiral I don't want to see them go out simply because it's bad for the economy. So many places have closed their doors and I don't think the economy's been helped by it.

                Comment

                • Bill
                  Parminant Memble
                  • Oct 20, 2002
                  • 4139

                  #23
                  Originally posted by boss
                  BTW... the small A/V store is now celebrating its 40th anniversary.
                  Wow, it's great to know there are still folks out there who want real service instead of bargain prices.

                  Comment

                  • megomania
                    Persistent Member
                    • Jan 2, 2010
                    • 2175

                    #24
                    CEO resigned...it's not always the right idea to promote from within. This guy went from sales associate to CEO?

                    http://finance.yahoo.com/news/best-b...134306036.html

                    Comment

                    • livnxxxl
                      Megoholic RocketScientist
                      • Oct 23, 2007
                      • 3903

                      #25
                      I hate to say and or admit, but Wal-Mart is kicking all of the box stores arses.

                      I use to shop at Best Buy years ago. I did not mind shopping there. I have not been in one now for quite some time.
                      Enjoy what you like, and let others enjoy what they like. (C) Azrak 2009

                      Too much space. Need more toys!



                      Check out the ever growing Mego like sized vehicles data base.

                      Comment

                      • Figuremod73
                        That 80's guy
                        • Jul 27, 2011
                        • 3017

                        #26
                        Media Play went out of business here because of best buy, now best buy is terrible. I use to really like best buys tv series selections, now its terrible.
                        Why does everyone assume that people WANT to order everything online? How about those who dont even have internet access...

                        Comment

                        • Adam West
                          Museum CPA
                          • Apr 14, 2003
                          • 6822

                          #27
                          Originally posted by megomania
                          CEO resigned...it's not always the right idea to promote from within. This guy went from sales associate to CEO?

                          http://finance.yahoo.com/news/best-b...134306036.html
                          They have said since this article was published that his resignation was due to having an affair with an employee and using company funds to pay for personal expenses.
                          "The farther we go, the more the ultimate explanation recedes from us, and all we have left is faith."
                          ~Vaclav Hlavaty

                          Comment

                          • megomania
                            Persistent Member
                            • Jan 2, 2010
                            • 2175

                            #28
                            Originally posted by Adam West
                            They have said since this article was published that his resignation was due to having an affair with an employee and using company funds to pay for personal expenses.
                            I saw that this morning..regardless, he still did a horrible job and probably would have been out anyways.

                            Comment

                            • Random Axe
                              The Voice of Reason
                              • Apr 16, 2008
                              • 4518

                              #29
                              Originally posted by Figuremod73
                              Media Play went out of business here because of best buy, now best buy is terrible. I use to really like best buys tv series selections, now its terrible.
                              Why does everyone assume that people WANT to order everything online? How about those who dont even have internet access...

                              MEDIA PLAY!

                              I forgot how cool that store was till they were gone and nothing could replace them. I could go in there and buy an action figure, new release CD, pack of guitar strings and a DC graphic novel. Try doing that somewhere today...

                              Best Buy can just go ahead and lay in their grave and wait for rigor to set in. They will cease to exist within five years.
                              I almost had a psychic girlfriend but she dumped me before we met.

                              If anyone here believes in psychokinesis, please raise my hand.

                              Comment

                              • Figuremod73
                                That 80's guy
                                • Jul 27, 2011
                                • 3017

                                #30
                                Media Play was so awesome when it first opened. They even had a used video game section!

                                Comment

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