I was about to say: When my son was younger, we used to go to BabiesRUs a lot, maybe once a week. We constantly needed stuff from there. We hardly ever went to ToysRUs. Now that he’s older, we don’t go to BabiesRUs anymore but we still don’t go to ToysRUs.
I’ll be sad to see them go, if they do. Seems like the race to the bottom for retail is inevitable. I just wish there was a way for mid range retail to survive.
In this case though, Bain, huh? Any idea if TRU could have survived, if not thrived, if not for Bain, or if Bain just accelerated what was going to happen anyway?
Today’s New York Times had an article about how Best Buy is managing to survive, even though you might expect Amazon to kill it. So it is possible for a retailer to survive. But it’s very tough.
Worst Buy has also been on a store closing spree the last few weeks.
Good riddance to pretentious goat feltchng morons.
I went to my local Best Buy last month at like 4 pm on a Wednesday, to get a new hard drive. It wasn’t packed but there were about a dozen people in the store which was a dozen more than I expected to see. You go, big blue!
I wonder how much of Best Buy’s survival is Geek Squad?
I also wonder if high-end electronics (like TVs) are one of the rare products people actually want to take home right away because they want to use it ASAP, or they don’t trust it in the mail. I’m a total luddite and enjoy in-person shopping more than online shopping, so I’m not the best person to give their opinion on this, but if I am buying a 60in. 4K TV, I want to put it in my own truck and haul it home and not leave it in the hands of the USPS/UPS etc.