Three Reasons Why Best Buy's Fight Against 'Showrooming' is Hopeless

June 27, 2012

Text Size - +
Print

As reported in the WSJ, Best Buy's interim CEO, G. Mike Mikan, sees ending the trend towards "showrooming" as the company's number one priority. To do this, he plans to invest heavily in retraining Best Buy's workforce. It is a worthy aspiration-the big box electronics retailer is sputtering as customers increasing use it as a place to browse merchandise before buying it at Amazon or some other online rival. But Best Buy's fight against showrooming is doomed to fail, for three reasons:
...

Read Full Article...

Source: Forbes.com

Companies Mentioned:

Amazon.com

Best Buy

Twitter

More Suggested Content:

Schulze Reportedly Eyes Best Buy Takeover
June 27, 2012 From News
Best Buy founder Richard Schulze has been meeting with a Wall Street bank about a plan to take the retail giant private, the Wall Street Journal reported Tuesday.

Best Buy Sticking With Turnaround Plan
June 21, 2012 From News
Best Buy's interim CEO told shareholders Thursday that the retailer plans to stick with its turnaround plan, and will put greater emphasis on training of employees, according to a Bloomberg News account of the meeting.