Best Buy Announces Plans to Close 50 U.S. Stores

[spriteloh]

What dark_knight33 said is totally ture. Even though retail stores charge more than online shops, I don't have to wait for days to exchange new products which were just purchesed. No metter how much lower the price it is, you can never buy back time wasted on waiting products to come in via ups or fedex etc.

 

[john_4]

[citation][nom]thegreatms[/nom]wait...are they socialist or capitalist...If you're going to bring politics into a tech site at least have your rantings be internally consistent.[/citation]
Actually Obama is a Marxist at heart who plays with crony capitalism, fool.

 

[alidan]

[citation][nom]alidan[/nom]close 50 big stores, plan to open 100+ smaller ones[/citation]

why was i downvoted, from my understanding, bestbuy is closing 50 of its big stores, in favor of opening 100+ smaller ones, you know, without the massive tvs and such, to save money.

 

[mikepaul]

When you need a part NOW, Best Buy is still a good place to go. Not as deep an inventory as a computer store, but those are getting hard to find. I don't like the idea of letting B&M stores near me die, since nothing prevents Newegg etc. from surcharging us to death down the line once we have no place else to go...

 

[Guest]

I guess there will be less places for people to try the product then buy it online from some one else. Online shopping is okay, but there should always be an option for brick and motar.

 

[jusi0412]

nice !

 

[imapc]

[citation][nom]ryudox[/nom]I guess there will be less places for people to try the product then buy it online from some one else. Online shopping is okay, but there should always be an option for brick and motar.[/citation]

Then we (everybody, not you personally ryudox) need to stop singing the d-bag tune of "Why should I pay people for keeping products on display, and serving me only to watch me walk out and buy it from a warehouse who considers taking back a DOA product a good deed rather than standard procedure?"

I love Newegg to death but there are some things brick and mortar stores have that online retailers just can't provide for you. It's like thinking a Roomba can replace a Janitor in all of his/her functions.

 

[f-14]

[citation][nom]Mathos[/nom]From my memory Best Buy was never any higher than any other Brick and Mortar electronics store. They do charge a premium for cables and accessories though. Things you need to remember about online etailers like amazon and newegg, most of their system is automated. Meaning they don't have a lot of employee's and sales staff they need to pay. Walmart forces their suppliers to supply them with merchandise at a cost they set, and most of the electronics they have aren't any cheaper than any other store. This is also why most of the crap you get from walmart these days is cheap second rate crap that breaks soon after.[/citation]
i know brian dunn and happened to work for best buy when i was getting my training wheels with computers. there are alot of older stores that need to be closed and revamped such as store#3 Mrs. Schulze Edina store in minnesota, the store is bigger than the parking lot. there are alot of expensive stores they are leasing, and with the availability of commercial space they have already studied where to move those stores to for cheaper lease options. that's all this announcement is, to strike fear into the lease holders to accept the bargaining offer best buy wants to have.
as for your automated argument, circuit city was completely automated and bigger than best buy, where are they now?
many people can not wait for over night shipping, and even more can not order something online and even the ones that can, well they have to be able to touch and view a product. after all if you can't test it out , why would you buy it? tv's all have a different picture, something you can't see or test online even with youtube videos.
best buy had made it self by being flexible and they don't make their money on the big ticket items, they nail you on the music videos and accessories. they make more money on the service plans than they do on the big ticket items.
having worked the main arteries of best buy i know it's flaws and it's bonuses.
when's the last time you ordered your t/v washer dryer fridge and microwave over the internet? when you bought those at best buy or some other retailer like sears or what not, did you happen to purchase just that item, i doubt it, most people purchased a music cd or video or some accessory before leaving. i just happened to walk into one tonight, and while i left with out buying anything ( they didn't have what i needed had to go to else where for something i had to have today and couldn't wait for 3-5 day shipping ), the people i saw there were buying plenty of stuff. back when i worked there stores typically had a 700k-1m sales per day. looking at the traffic they had there today i'd say they are still in the 500k-750k range

 

[psugrad1999]

I am actually a fan of best buy to the point where i'd drive over to Philadelphia since we didn't have one in Lancaster and Reading and Harrisburg never had what I needed. We finally got a best buy close to where I live and now I fear they are going to shut it down. I do go to best buy to look at stuff, but I don't normally by large ticket items. If I need something bulky, I go there and purchase. If I need a computer component I go to Newegg for the selection. I have always had the best experience in the store, the sales people were always super nice and focused on what I need as compared to what they wanted to sell.

 

[bildo123]

[citation][nom]thegreatms[/nom]wait...are they socialist or capitalist...If you're going to bring politics into a tech site at least have your rantings be internally consistent.[/citation]

To be very specific we're talking fascism. You know, the bailing out of private companies like GM, and the banks.

 

[thrasher32]

[citation][nom]bildo123[/nom]To be very specific we're talking fascism. You know, the bailing out of private companies like GM, and the banks.[/citation]

That's fascism huh? You must have a different dictionary than I do.

MY dictionary says fasicism is a " totalitarian philosophy of government that glorifies the state and nation and assigns to the state control over every aspect of national life"

Sounds more like the Republican way than the Democratic way.

Before you get your tinfoil hat in a crinlkle and start spouting off that you meant socialism, not fascism, MY dictionary defines Socialism as: a "general term for the political and economic theory that advocates a system of collective or government ownership and management of the means of production and distribution of goods."

Gee, that sounds just like communism, and I haven't heard President Obama calling for the collectivization of ANY sector of the United States economy.

So now I guess we need to define Capitalism:

Capitalism is an "economic system based on private ownership of the means of production, in which personal profit can be acquired through investment of capital and employment of labor."

Hm, so I guess President Obama is really a Capitalist. Imagine that, a Capitalist at the head of a Capitalist country.

I just thought I'd clear the air a bit. With everybody calling each other fascists and socialists, I thought it might be nice for everyone to understand what these words mean.