Best Buy’s future

Can Minnesota-based Best Buy take on WalMart? Can it survive a head-to-head match with the giant retailer that sees electronics as a staple in its future?

Its incoming CEO, Brian Dunn, gets the star treatment today from the Wall St. Journal.

The highlights:

>> More interactive stores. A focus on “showmanship and service” will trump low prices.

>> Best Buy figures to pick up half the business that Circuit City had before it went out of business.

>> Some store managers complained the company lost big-screen TV sales because they didn’t have enough in stock.

>> Dunn disagreed with Best Buy’s decision in 1989 to drop commissions in favor of a salary for workers. He now says it’s “the most important decision” in company history.

There’s supposed to be an accompanying video with the story, but I couldn’t get it to work.

  • I got the video to work… does this HTML work?

  • My question is how can Best Buy live up to the amazing prices one can find on Amazon? I’m in the market for a new camera (a very expensive one, at that) and Amazon beats Best Buy by $500. That is HUGE! Even if I was using the 18 months no interest deal best buy occasionally offers, $500 is a huge gap. I’d prefer to support a MN company, but it’s just not feasible until they offer more competitive prices. Obviously the cost of the brick and mortar stores need to be taken into account…

  • Branden Negrin

    hello and appreciate your information : I have certainly grabbed something totally new through your posts. I nonetheless came upon some technical problems by using this site. I had been wondering whether your internet hosting is ok? Not that I’m complaining, but sluggish loading instances times might probably affect your placement in google and might hurt your excellent content on this site. Well I am putting this Rss feed to my personal reader and will look for much more of your helpful posts..