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[Yahoo] Is there any hope left for Best Buy? - Page 12  

post #111 of 215
Quote:
Originally Posted by Trikitty View Post

All that matters to me right now from Best Buy is the 180 dollar 40" 1080p TV going on sale this black friday. tongue.gif

Does no one remember last year when the 32" Emersons were selling everywhere for like 100 bucks and like 70% of them where flawed, bad psu's, dead pixels out the wazoo...


I couldn't buy a TV or monitor on BF after that smile.gif
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post #112 of 215
Quote:
Originally Posted by NotUrAverageJoe View Post

^This x 10...
The people they're responding to are the overly emotional posters I've been talking about. People are wishing death on BB for practices used by their competitors too. The fact of the matter is most of the BB haters just don't like the company. That's reasoning based on emotion - not logic. If everyone was logical about it they would hate all companies that have similar practices, not just BB.

they're the most visible so they get the most flac. not really surprising
post #113 of 215
Best Buy is trying too hard to stay in this business. Even lowering the prices for HD TVs and computers won't make them stay in business.
post #114 of 215
I do not really shop there often because prices are astronomical.

If prices were reigned in a bit I would consider shopping there.
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post #115 of 215
i saw this coming long time ago, too much competition
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post #116 of 215
Quote:
Originally Posted by NotUrAverageJoe View Post

Really?. Look at Hostess... they're going out of business because of mismanagement - not because of competition. About 10 years ago the almighty Amazon almost went under because the CEO was sucking the money out of the company instead of re-investing it. When a company tanks it's usually caused by being stagnant or CEO's getting too many kickbacks.
Going out of business is rarely caused by being a "rip-off". If that were the case Apple would have went under years ago..
The case of hostess is completely different from Best Buy because a significant portion of their workforce went on strike refusing to work. Hostess couldn't make enough product to sell, didn't bring in enough revenue, and snowballed until they filed for bankruptcy. I do agree that Hostess was mismanaged, but the Hostess story is certainly not a parallel to Best Buy.

The Best Buy story has everything to do with competition. If people are buying their electronics elsewhere, then Best Buy will continue to lose money to the wage expenses and real estate expenses. It is a famous "Big Box" store that has big costs associated with running the business. Part of my point was that this is indirectly related to mismanagement, because the management is not implementing strategic plans quick enough to combat their competition. It is management's job to be competitive by keeping current customers and bringing in new customers.

Do you really think paying a CEO and a few executives a couple more millions is the reason that a multi-billion dollar corporation is crippling when a competitor like Amazon is taking away tens of billions in revenue?
Edited by SkillzKillz - 11/22/12 at 10:32pm
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post #117 of 215
Heh, "it only costs $25 to guarantee your Twinkie's shelf life."
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post #118 of 215
Quote:
Originally Posted by un-midas touch View Post

Heh, "it only costs $25 to guarantee your Twinkie's shelf life."

"And also, if you buy our twinkie protection plan we'll put in plastic wrap for $10"...
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post #119 of 215
Don't talk bad about Twinkies; that's a damn tragedy!
 
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post #120 of 215
Too many people here know nothing about Big Box retail yet rant on for paragraphs. Best Buy may or may not make it this time around, but their success has nothing to do with competitive pricing or with that bad experience you had that one time when that thing happened.
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