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[CNet] Best Buy feels Amazon squeeze, to close 50 big-box stores - Page 8

post #71 of 207
Quote:
Originally Posted by Imports>Muscles View Post

The future = online shopping. Why pay taxes and outrageous prices?

Because regardless of whether sales tax is imposed with your final purchase you're still legally obligated to pay it if you live in a state with sales tax. If not at the time of transaction then when you file you income tax at the end of the year. There's already legislation moving forward to require etailers to impose sales tax at the time of transaction for online transactions. It'll be universal soon enough.
    
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post #72 of 207
Cut out the middle man, and your profits go up. In this case, Best Buy brick and mortar stores are definitely the middleman. Places like Amazon, newegg, tiger direct, etc. have no middle man. They sell and ship everything to their customers, which means the cost of overhead for them is way lower than places like Best Buy.

We all knew this was coming. Electronics are not a necessity. They are a luxury. Thus, the electronics retailers will thrive online where the selection is 10x that of what a store can handle. I haven't bought a single thing from best buy in years, and now that I have read that article about them slowly dying, I think I will keep my money with Amazon and Newegg.
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post #73 of 207
Quote:
Originally Posted by guyladouche View Post

Because regardless of whether sales tax is imposed with your final purchase you're still legally obligated to pay it if you live in a state with sales tax. If not at the time of transaction then when you file you income tax at the end of the year. There's already legislation moving forward to require etailers to impose sales tax at the time of transaction for online transactions. It'll be universal soon enough.

Not true, on the legal obligation part.

Only some states even have a use tax for online shopping - and even then it a voluntary tax. There is no legal mandate to pay it, or much less accurately report it. The sale did not happen in the state, so the state is not entitled to any revenue from it.

Though, yes - some are trying to impose sales tax directly. But that will be a long hard fight with heavy consumer and supplier resistance.
    
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post #74 of 207

Said it before and I'll say it again, Best Buy sucks. Good riddance.

post #75 of 207
Quote:
Originally Posted by TurboTurtle View Post

Not true, on the legal obligation part.
Only some states even have a use tax for online shopping - and even then it a voluntary tax. There is no legal mandate to pay it, or much less accurately report it. The sale did not happen in the state, so the state is not entitled to any revenue from it.
Though, yes - some are trying to impose sales tax directly. But that will be a long hard fight with heavy consumer and supplier resistance.

Now I'm confused. I mean if you buy an item from an online business and they have some sort of operations in your state--you are obligated to pay sales (or use) tax on that. No?

The legal questions popping up is with regard to etailers, what is considered operations. Is it an office, is it a distribution center, etc.? (an interesting reason why a lot of the California transactions through Amazon are shipped from Reno, NV distribution centers smile.gif).
    
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post #76 of 207
Quote:
Originally Posted by Imports>Muscles View Post

The future = online shopping. Why pay taxes and outrageous prices?

In some cases yes, like PC hardware and such.... but there are a lot of things that would be more of a hassle/more expensive to be delivered than to go buy it at the store.
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post #77 of 207
Not with 3D printers.

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post #78 of 207
Best Buy's near me (3 in 7.5 miles or less) just from my house are usually pretty vacant unless it's the holiday season. The MicroCenter however... I love that place, it's been busy every weekend that I go there.
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post #79 of 207
Thread Starter 
Quote:
Originally Posted by kyle7412 View Post

Quote:
Originally Posted by Imports>Muscles View Post

The future = online shopping. Why pay taxes and outrageous prices?

In some cases yes, like PC hardware and such.... but there are a lot of things that would be more of a hassle/more expensive to be delivered than to go buy it at the store.

That's why I said Nebraska Furniture Mart > Best Buy, they have the stuff you really do not want to pay shipping on.. Lulz.. biggrin.gif

They are also rather competitive and have a huge selection too..

The sales staff actually know what they are talking about believe it or not. biggrin.gif

I'd still shop at MicroCenter than online, I'm sorry, but their deals, woosh!

I don't like shopping online for 2 reasons, the wait time, and the risk of security leaks from haxorz...
Edited by _GTech - 3/29/12 at 1:30pm
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post #80 of 207
There are maybe 2-3 BBs within an hour or so of me so not overly congested. They are still pretty light though in terms of customers.

I'd argue that there is a place for them on big things like TVs. Picked up our replacement set there which surprisingly, had significantly lower prices in-store than at any of the big online sites. Newegg was far more expensive and Tiger was marginally so. But who wants to have fun with shipping back a large TV if it breaks? Not I. Of course we didn't bother with any of their cables and extras.. just a TV and at least a basic warranty for such an expensive item.

Otherwise I worked retail for many years. Received basic training but as our (non-electronics) store started failing company-wide, it was easy to see that again it wasn't so much the prices but the service the company offered. Couldn't afford to staff the floor fully so you had salespeople who had no knowledge of 9 different departments. Now, 9 of 10 times people know what they're looking for, and prompt service did lead me to making great strides back in the day. But our fault was that we didn't keep up with the online movement as much and failed.

I wonder if it'll be the same for Best Buy? There is a Micro Center about an hour away (haven't been in it) but I'd equate it to as if Newegg had a B&M store, MC would be as close as you could get - at least if their in-store selection is anything like it is online.

It does take choices away from the consumer / prosumer sure, but I'll still argue that for their horrible service overall and insane prices that I wouldn't mind them going.
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