The Death Of Retail


#422

Geez, same fate coming…

(Yes, I can outrun you but eventually…)


#423

People said that about Best Buy, but Circuit City failing really boosted them.


#424

True, but isn’t JC Penny already advertising “closing down” sales and such???


#425

They are, but they are in much better shape than a Sears. Someone will pickup sales from Sears closing. They are mostly in second tier cities where people have fewer options for shopping.


#426

So, what do you attribute Best Buys’ success to? Last big electronics brick and mortar standing, gets the sales? Who hasn’t gone in there just to compare models and ended up buying online?


#427

That’s when they bottomed and started to rebound. Remember, online sales are still a small part of total sales.


#428

I guess BB is smart enough to price accordingly and/or match any online site’s price (assuming they can still make a dollar or two). Gotta keep that market share at all costs!!!


#429

Damn, the body is not even cold yet…


#430

Makes you wonder if the failure of Sears was intentional. The CEO of Sears strip-mined the assets of Sears, selling things like the Real Estate that it owned to himself / funds under his control in return for cash injection into the company. And what do you know now - company is bankrupt, but the real estate may be worth quite a bit…


#431

I suppose stranger things have happened… and who hasn’t heard of someone high up enough working it for personal gain…


#432

Turn the land under the stores into multi family housing


#433

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