in Check It Out

Best Buy CEO Resigns Amid Competitive Pressures

Best Buy catches up with reality.

You know how much I dislike shopping at Best Buy? I was given a Best Buy gift card well over a year ago and still haven’t used it. How bad is a store when I can’t even be bothered to spend free money there?

I’d also say that in spite of the reporter’s speculation, people probably don’t use Best Buy as a showroom, mainly because they hate going into Best Buy as much as I do.

There’s ever-growing speculation that Best Buy now is serving too much as a showroom for its possibly toughest competitor yet, online retailer Amazon.com. The thought is that customers are perusing the aisles at Best Buy, trying out or considering games, cameras and phones, then buying them cheaper online, and sometimes with less sales tax, through Amazon or some other online merchant.

via Best Buy CEO Resigns Amid Competitive Pressures, Search for Direction – Yahoo! Finance.