Best Buy Lays Off 5,000 Workers, Will Close More Stores

[dora_da_destroyer]

Perhaps you need to read what I said again if you think you're disagreeing with me.

we both agree about the shift online, but i don't see how breaking up Amazon does anything in regards to brick & mortar struggles given the ecomm portion of it would still be in tact to create pressure on B&M retail...did you have a rationale for that or just posting cuz it sounds good?

 

[Professor Emeritus]

we both agree about the shift online, but i don't see how breaking up Amazon does anything in regards to brick & mortar struggles given the ecomm portion of it would still be in tact to create pressure on B&M retail...did you have a rationale for that or just posting cuz it sounds good?

Breaking up amazon would combat unfair competitive practices where they use overwhelming market control to coerce competitors to hand over their sales data giving amazon an unfair advantage allowing them to copy their competitors' best products and then prop up their own copycat over the competitors' original. It's about as blatant as antitrust issues get. And that's just one level of the problem.

Breaking up amazon so that they no longer control the entire vertical chain would allow smaller outlets a much better chance to survive.

However, large brick-and-morter box stores that carry many the same issues as amazon while offering little of their own advantage are still screwed either way.

I never said anything about breaking up amazon to save best buy or brick-and-morter in general. The first person who responded to me understood me perfectly fine

 

[dora_da_destroyer]

Breaking up amazon would combat unfair competitive practices where they use overwhelming market control to coerce competitors to hand over their sales data giving amazon an unfair advantage allowing them to copy their competitors' best products and then prop up their own copycat over the competitors' original. It's about as blatant as antitrust issues get. And that's just one level of the problem.

Breaking up amazon so that they no longer control the entire vertical chain would allow smaller outlets a much better chance to survive.

However, large brick-and-morter box stores that carry many the same issues as amazon while offering little of their own advantage are still screwed either way.

I never said anything about breaking up amazon to save best buy or brick-and-morter in general. The first person who responded to me understood me perfectly fine

they seemed to agree with your second point, the same as i agree with it - the shift to online is gonna happen regardless...

and like i said, i don't see it. breaking up Amazon would result in things like Amazon ecomm, AWS, Amazon entertainment, etc. In which case all the things you dislike about what Aamazon as a ecomm platform is doing will still be able to be done.

 

[Joe Sixpack]

Amazon needs to be hit with some major antitrust suits and broken up, but in the long run I don't see how stores like Best Buy survive anyway. Online shyt is just too convenient.

I’m not buying a TV online

 

[Poetical Poltergeist]

I'm surprised they're still around. They were the only big box electronic store to survive.

 

[Rekkapryde]

Stores need to be more like Ikea, 1-3 locations per state. Maybe not that drastic but become super centers that actually allow you to go home with a product vs going to the store just for them to be like “we don’t have it but we can have it shipped to you”

I could’ve just ordered it in the first place

been saying this. more buying directly out of a warehouse type setup.

I think that's inevitable.

 

[Consigliere]

If we didn’t save KMart and all of the similar now-defunct big box stores from Walmart how can we expect the government to step in and save the remaining big boxes from Amazon?

What’s the difference between Amazon and Walmart?

 

[ColdSlither]

When I go to their site to look for a TV, all the ones I want aren't available in store. They have to be purchased online and delivered. So why go to the store? And when I have gone, I've been buying it online and doing curbside pickup.

 

[FreshFromATL]

Best Buy is doing well to even exist in 2021

There's literally no reason to go to Best Buy unless you just like window shopping. Otherwise you can just hit up Amazon for cheaper prices, a larger selection of products, and have them delivered to you in a day.

Well I actually like to see, touch, and test a product I'm about to spend $1000s on. Lol at spending $3k-$4k on a tv you've never seen in person

 

[Prince.Skeletor]

I bought a microwave from Amazon & it didn’t fit in it’s area in the kitchen.

buying online is not that convenient when it comes to returns

 

[RicanFury]

their warranty is why id pick them over anybody else for certain stuff. im not the only one who thinks like that neither.

 

[Eye Cue DA COLI GAWD]

Stores need to be more like Ikea, 1-3 locations per state. Maybe not that drastic but become super centers that actually allow you to go home with a product vs going to the store just for them to be like “we don’t have it but we can have it shipped to you”

I could’ve just ordered it in the first place

This is the answer. Downscale locations, centralize production for max on hand availability, increase wages for remaining workforce and they can stay in the game. There is a market for in person large electronic purchases/returns

 

[dora_da_destroyer]

their warranty is why id pick them over anybody else for certain stuff. im not the only one who thinks like that neither.

Amazon has protection plans and you can buy 3rd party protection plans...

 

[RicanFury]

Amazon has protection plans and you can buy 3rd party protection plans...

yea but nothing beats walking into Best Buy and swapping out on the spot.