Re:Best Buy Is Thriving in the Age of Amazon
by dragonwriter on Thursday July 19, 2018 @04:18PM
(#17569870)
> Their stores are actually rented out retail space for Apple, Samsung, and other brands.
So, it's now largely a convenient place known to consumers that serves to connect them to third-party sellers where originally it was entirely a direct retailer itself.
So, it’s like a bricks-and-mortar version of Amazon?
Re:Best Buy Is Thriving in the Age of Amazon
by heedlessly3 on Thursday July 19, 2018 @04:14PM
(#17569842)
>Their stores are actually rented out retail space for Apple, Samsung, and other brands.
This is what the article is all about. They are leveraging their one advantage they have over Amazon.
Do you not realize that BestBuy does not actually make electronics?
Their stores are actually rented out retail space for Apple, Samsung, and other brands.
Their online is still somewhat of a disaster, they were #2 for a while but Jet/Walmart will probably pass them as they attempt to challenge Amazon.
Best buy is making no real attempt to challenge Amazon in online retail, a lot like Target isn't either.
Their IT is divided between dotcom and bricks and hate each other, and their IT will be lead by dinosaurs in brick and mortar for the foreseeable future, so the IT innovation that does exist is constrained by executive politics.
Their CEO is just punching the clock and doing what is necessary to trigger stock options.
So, again, treading water and not floundering, but "thriving"? That's like saying you're in the guillotine and there's a really nice breeze, and the blade hasn't been dropped.