"Recent earnings reports from Best Buy and Barnes & Noble point to challenging times ahead. They demonstrate how companies win or lose in competition with Amazon, Costco and others Internet companies. I think Best Buy’s new initiatives will solidify their presence. However, Barnes & Noble has been closing stores and appears to be waiting for the next bestselling book in order to survive. The difference is simple, Best Buy’s new management has taken off their gloves, fighting with bare hands by offering competitive prices and developing service oriented staff that makes shopping a pleasurable experience."
Posted on: Wed, 04 Sep 2013 12:20:57 +0000
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