Skip to main content

Best Buy's Final Attempt to Survive?

Last March I wrote about the demise of big box electronic retailer "Best Buy."  They have been struggling to make a profit as more and more shoppers make electronic purchases online; or at Target or Walmart (as their electronic departments continue to grow).  In the past month I have noticed two interesting developments relating to Best Buy:
  • A Combination Best Buy/Gardner White Store:  Most of my visits are to the Southgate, Michigan store but I have popped into the Novi, Michigan Best Boy when I am in the area.  Just a few weeks ago I was surprised to see that half of the store was now a furniture store.  It appears that two locations follow this method in Michigan.  Furniture is still an household object that people want to purchase in person, not online.  Maybe this will be one method to save some Best Buy stores, at least locally.  I noticed this location had less DVD movies and CDs on sale (items people are buying less of thanks to streaming and online purchase).
  • Low-Price Guarantee Extension:  It appears Best Buy will now extend price matching to online retailers.  Best Buy was suffering from consumers visiting their stores, checking out various items, snapping a photo of the product's barcode, and making the purchase elsewhere (usually online) at a lower price.  Best Buy would match other physical store location prices, but not online prices.  Looks like this will change, which may put an end to the process of "showrooming" (research/try out at the store, buy at home).

I still make some purchases at Best Buy.  I enjoy the reward program and their financing program for various purchases.  At the same time, if the chain disappeared I would not be devastated.  I could easily make my purchases elsewhere.  What do you think?  Will either of these two methods help save the retail giant?  Do you still shop at Best Buy?  Or are most of your electronic purchases made elsewhere?  


Popular posts from this blog

Your Own Personal Library Catalog

So, how many of you have remember using an old style, card catalog?  You know, you want to find a book in your local library, so you pull out the long drawers flipping through cards.  Well those days are long gone of course (thankfully) and nearly all libraries use an electronic catalog system to keep track of their collections.  Many of the school districts in Wayne County are using a system developed by Follett .  It is a great system for school age children and prepares them for many of the advanced catalogs available in public and university libraries. Catalog software is quite expensive and really impractical for home libraries.  Some book lovers may create their own spreadsheet or database to keep track of their books, however there is a great (free) tool online to not only catalog your books, but also meet and communicate with other book lovers online.  The site is a wonderful site that lets you catalog your own home library.  Think of it as a "Facebook

A Once-In-A-Lifetime Event

Back in November I wrote about what I believe to be the best part of my job; running into Carlson High School graduates that are success stories and hearing about how well they are doing in the "real world."  Carlson High School graduate Nathan Matatall is clearly one of these success stories.  After graduating from Carlson High School and Michigan State University Nathan has gone on to very successful career at Dell Computers.  The News Herald even published a feature piece on Nathan a few years ago.  This past week, Nathan provided my family with a once-in-a-lifetime experience that I will never forget.   Nathan, my former public speaking student, contacted me via email a few weeks ago and inquired about taking my kids on a tour of Marine One (one of the helicopters used to transport The President of the United States and other dignitaries) and to possibly attend the landing of Air Force One when President Obama was scheduled to arrive in Detroit.  I was very excited a

A Little R & R

I decided to take a little R & R before things get crazy with back to school.  I wanted to spend some time with my family for these final weeks of summer, so I decided a break from writing was in order.  A trip to Kalahari and fun times with friends and family made August fly by.  So, what does school year 2014 bring for me?  Quite a bit, as always: Back to teaching two courses at Wayne County Community College.  Thursday evenings and Saturday mornings I head to Northline Road to teach college level English.  I really love this second job! Tuesday, I start my 17th year at O.A. Carlson High School.  While public education continues to face challenges, there is no other job for me at this time.  I love my co-workers and students.  Gibraltar is a great place to work. I will be running my kids all over as usual.  Gymnastics, religious education, flag football (which I coach as well), and others events "to be determined."  I would not have it any other way.  I love watch