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(Yahoo)   Yahoo's annual "10 Companies That Won't Be Around Next Year" includes some familiar faces and... the Oakland Raiders?   (finance.yahoo.com) divider line 61
    More: Silly, company, Yahoo, American Brands, AMR, Limited Brands, Yum!, American Apparel, Sony Ericsson  
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7124 clicks; posted to Business » on 24 Jun 2012 at 4:22 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-06-25 07:55:06 AM

farkeruk: TomD9938:

Remember, before Steve Jobs came back, Apple were losing money for a few years.


anythingbutmyjob.files.wordpress.com
 
2012-06-25 08:41:30 AM

ThatBillmanGuy: Best Buy cannot die fast enough for me.


Someone forcing you to shop there at gunpoint?
 
2012-06-25 08:52:33 AM

Generation_D: When will yahoo add yahoo to this list.


I was wondering this myself....
 
2012-06-25 10:50:57 AM

ThatBillmanGuy: Best Buy cannot die fast enough for me.


Best Buy needs to stay around. Their merchandising plan (everything on the salesfloor) and prices keep the other retailers more shoppable. I remember when they showed up, really HORRIBLE stores like Luskin's with their crazy prices, inconvenient shopping experience and bitter old sales farts just disappeared. Shopping got so much easier everywhere else. No one makes you go into a Best Buy.

Plus I like having a giant showroom to touch and feel the big ticket items before I go buy them online.
 
2012-06-25 12:00:02 PM

Bobo_Spiewack: ThatBillmanGuy: Best Buy cannot die fast enough for me.

Best Buy needs to stay around. Their merchandising plan (everything on the salesfloor) and prices keep the other retailers more shoppable. I remember when they showed up, really HORRIBLE stores like Luskin's with their crazy prices, inconvenient shopping experience and bitter old sales farts just disappeared. Shopping got so much easier everywhere else. No one makes you go into a Best Buy.

Plus I like having a giant showroom to touch and feel the big ticket items before I go buy them online.


Given that Best Buy matches Amazon prices off a smart phone with no delay for shipping and handling, there is no reason not to buy from Best Buy.

I go to Best Buy, figure out what I want, show them the Amazon listing on my phone for 40% off what Best Buy is charging and they match the price. I go home with my item and plug it in.
 
2012-06-25 09:55:12 PM

ThatGuyFromTheInternet: Talbots, shiat. My mom will biatch and whine about this to no end.


Eh, good riddance. They used to have a decent range of nice business/business casual clothes; now they just sell trendy crap for skinny women.
 
2012-06-26 08:46:25 AM

Bullseyed: Bobo_Spiewack: ThatBillmanGuy: Best Buy cannot die fast enough for me.

Best Buy needs to stay around. Their merchandising plan (everything on the salesfloor) and prices keep the other retailers more shoppable. I remember when they showed up, really HORRIBLE stores like Luskin's with their crazy prices, inconvenient shopping experience and bitter old sales farts just disappeared. Shopping got so much easier everywhere else. No one makes you go into a Best Buy.

Plus I like having a giant showroom to touch and feel the big ticket items before I go buy them online.

Given that Best Buy matches Amazon prices off a smart phone with no delay for shipping and handling, there is no reason not to buy from Best Buy.

I go to Best Buy, figure out what I want, show them the Amazon listing on my phone for 40% off what Best Buy is charging and they match the price. I go home with my item and plug it in.


Interesting, as I work at a Best Buy and we never price match Amazon
 
2012-06-26 10:05:30 PM

Derwood: Bullseyed: Bobo_Spiewack: ThatBillmanGuy: Best Buy cannot die fast enough for me.

Best Buy needs to stay around. Their merchandising plan (everything on the salesfloor) and prices keep the other retailers more shoppable. I remember when they showed up, really HORRIBLE stores like Luskin's with their crazy prices, inconvenient shopping experience and bitter old sales farts just disappeared. Shopping got so much easier everywhere else. No one makes you go into a Best Buy.

Plus I like having a giant showroom to touch and feel the big ticket items before I go buy them online.

Given that Best Buy matches Amazon prices off a smart phone with no delay for shipping and handling, there is no reason not to buy from Best Buy.

I go to Best Buy, figure out what I want, show them the Amazon listing on my phone for 40% off what Best Buy is charging and they match the price. I go home with my item and plug it in.

Interesting, as I work at a Best Buy and we never price match Amazon


I was also going to call bullshiat based on a recent Best Buy experience. I wasn't expecting them to match the price, but when I went to buy Season 5 of Chuck we also needed the previous season. The most recent season was $35 (reasonable) but the previous season was $60. I looked up Season 4 on Amazon and it was $30. I didn't expect them to come all the way down to $30, but I thought 2X as expensive was a little ridiculous.

They thought different. The price is the price. The offered to give me a 5 dollar Reward Zone card, but I declined.

And I'm not a Best Buy hater. I joined their Reward Zone program back in 2002 and bought my first plasma TV from them for $4500, which was cheap at the time. That was good for another couple hundred in Reward Zone coupons, and I've been a good customer ever since. I'm in there at least once a week to look for deals, but they've never matched Amazon. I don't think my local Best Buy has ever offered true price matching, either, since the model numbers they sell are exclusive to Best Buy, so they never have something to match (nice touch).

Best Buy, for me, is a place to get something I need RIGHT NOW, and I pay a premium for it. The occasional impulse buy also pays off - I bought an oversize aluminum Rocketfish mouse pad six years ago for $30 and I treasure the goddamn thing mainly because I have a hard time finding it anymore and also because it's still going strong after so many years.

Best Buy is not the place to buy cables, ever. If you can't wait, go to Radio Shack and buy their off-brand cables. Still overpriced, but not nearly as shameless as BB.
 
2012-06-26 10:19:37 PM

Lsherm: Derwood: Bullseyed: Bobo_Spiewack: ThatBillmanGuy: Best Buy cannot die fast enough for me.

Best Buy needs to stay around. Their merchandising plan (everything on the salesfloor) and prices keep the other retailers more shoppable. I remember when they showed up, really HORRIBLE stores like Luskin's with their crazy prices, inconvenient shopping experience and bitter old sales farts just disappeared. Shopping got so much easier everywhere else. No one makes you go into a Best Buy.

Plus I like having a giant showroom to touch and feel the big ticket items before I go buy them online.

Given that Best Buy matches Amazon prices off a smart phone with no delay for shipping and handling, there is no reason not to buy from Best Buy.

I go to Best Buy, figure out what I want, show them the Amazon listing on my phone for 40% off what Best Buy is charging and they match the price. I go home with my item and plug it in.

Interesting, as I work at a Best Buy and we never price match Amazon

I was also going to call bullshiat based on a recent Best Buy experience. I wasn't expecting them to match the price, but when I went to buy Season 5 of Chuck we also needed the previous season. The most recent season was $35 (reasonable) but the previous season was $60. I looked up Season 4 on Amazon and it was $30. I didn't expect them to come all the way down to $30, but I thought 2X as expensive was a little ridiculous.

They thought different. The price is the price. The offered to give me a 5 dollar Reward Zone card, but I declined.

And I'm not a Best Buy hater. I joined their Reward Zone program back in 2002 and bought my first plasma TV from them for $4500, which was cheap at the time. That was good for another couple hundred in Reward Zone coupons, and I've been a good customer ever since. I'm in there at least once a week to look for deals, but they've never matched Amazon. I don't think my local Best Buy has ever offered true price matching, either, since the model num ...


In general, we don't price match Amazon (because they used so many 3rd party retailers/resellers) or Sam's Club/Costco (as they can artificially lower their prices due to membership fees).

We also can't lower the price on a lot of items due to UMRP laws; companies such as Apple, Bose, Microsoft, etc. set a UMRP price that is the absolute lowest any store can legally sell it for. On an Xbox, that pretty much means full price, as Best Buy makes MAYBE $1 on a $400 Xbox. Any time an Xbox is actually on sale, it's because Microsoft is reimbursing Best Buy for the difference in price.
 
2012-06-26 10:39:01 PM

Derwood: We also can't lower the price on a lot of items due to UMRP laws; companies such as Apple, Bose, Microsoft, etc. set a UMRP price that is the absolute lowest any store can legally sell it for. On an Xbox, that pretty much means full price, as Best Buy makes MAYBE $1 on a $400 Xbox. Any time an Xbox is actually on sale, it's because Microsoft is reimbursing Best Buy for the difference in price.


Hah! Good to know, good sir!

This makes the whole "package with one controller" Xbox console package make a lot more sense. You make some crazy profit on the extras, don't you?

No matter, I bought my current Xbox360 the year it came out because my nephew was coming over, and even though I think the console was $400 at the time, I spent almost $800 for extras, games, etc. Five years later when I had hernia surgery and couldn't leave my bed, I sent my wife to BB to get a wireless card for it because I had to play games in the bedroom for two weeks straight. That was $80 (I think). Over the years we've been through at least three recharge packs, one steering wheel (not worth it), and one hard drive transfer kit, which was bullshiat but I didn't realize it until afterwards. Somewhere in there we got an HD kit for an HDMI port, I think I bought the component HD kit when I got the console.

/knock on wood, that Xbox360 is still running, and it's one of the "red ring" risk ones.
 
2012-06-26 11:54:13 PM
yeah, accessories all have the big mark ups, while the hardware is really low margin. Low price TV's and laptops make no money for Best Buy.
 
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