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Best Buy lays off hundreds at stores as sales move online
Fox Business ^ | 4-14-23 | Sarah Nassauer

Posted on 04/14/2023 6:15:29 PM PDT by dynachrome

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To: dfwgator

Concur on Fry’s electronics.


41 posted on 04/15/2023 6:54:37 AM PDT by grey_whiskers ( The opinions are solely those of the author and are subject to change without notice.)
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To: Extremely Extreme Extremist

They weren’t immune to recession or inflation. And most importantly they weren’t immune to bad business decisions. BB has been taking on water for years, the switch to “kiosk” style where they’re basically a mall renting space to cellphone companies made them short term money, but in the long term it cost them. They had a nice dead cat bounce with the pandemic and suddenly everybody wanted a smart TV so they could stream. But they’ve been slowly unwinding for close to a decade.


42 posted on 04/15/2023 6:59:29 AM PDT by discostu (like a dog being shown a card trick)
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To: dynachrome

Best Buy has never been a best buy...


43 posted on 04/15/2023 7:18:20 AM PDT by CenTex (November 6, 2012 & August 31, 2021... Days that will live in infamy!!! )
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To: dynachrome

I recently went to a best buy to look at printers. The place looked like a homeless camp. Boxes just laying around everywhere. There was no one to help find what I was looking for. So I just left. Adios Best Buy. Say hi to Zodies, Federated, Home Base.


44 posted on 04/15/2023 8:24:16 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: Organic Panic

So I just left.


That has gotten to be the best option on
places that no longer support the buyers.
M/O, online, etc are now the things that
are being used.

Go to a Walmart or some other large store
and you’ll see the employees pulling big
carts around with different tubs on them
and the employee is getting the things
the customer ordered online. They will
then come by and it will brought to them
at the assigned pickup spot.


45 posted on 04/15/2023 8:42:36 AM PDT by deport
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To: ProtectOurFreedom
You get 10 to 20 times the selection online, find what you want in minutes, read what other buyers think of the product, get next-day delivery, better prices, and no going store-to-store-to-store for hours trying to find what you want. So many stores have cut inventory and the stock on shelves is pretty thin, so it’s hardly not worth the trouble.

Only one semi correction to your excellent summary.

46 posted on 04/15/2023 10:57:29 AM PDT by Grampa Dave (Trump!: “They’re not after me! They’re after you I’m just in the way!)
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To: Gay State Conservative

What is happening there re malls is happening all over America.


47 posted on 04/15/2023 11:07:50 AM PDT by Grampa Dave (Trump!: “They’re not after me! They’re after you I’m just in the way!)
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To: Clutch Martin

The company fired er... laid off at least 3,000 people and then hired new people at lower cost.
At least the ceo was the first to go back then.


48 posted on 04/15/2023 11:53:02 AM PDT by minnesota_bound (Need more money to buy everything now)
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To: minnesota_bound

My niece didn’t get laid off or fired...


49 posted on 04/15/2023 1:23:23 PM PDT by Clutch Martin ("The trouble ain't that there is too many fools, but that the lightning ain't distributed right." )
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