re: Ann: JB HI-FI NOW to change the way Austr... Bought a Modem the other day from JBH , in/out in a few minutes .Out of all the digital retailers JBH will be the last one standing . Bing lee , hardly normal - which is also associated with joyce mayne and Domayne will be long gone. Mind you JBH may still end up an unpaid showroom like Best Buy. The retailers should all become a buying group together to undercut the online lot. Mind you they would have to all charge the same price. But at least they will be competitive.
Best Buy
I’ll start with electronics chain Best Buy (NYSE:BBY). Best Buy posted earnings this week that were wide off the mark, sending the share price down a quick 8%.
Big deal; companies miss earnings all the time, right? Yes, but Best Buy’s problems run far deeper than that.
The company has become the unofficial (and unpaid) showroom for the entire electronics industry. Want to check out the new Samsung (PINK:SSNLF) Galaxy phone or Microsoft (NASDAQ:MSFT) tablet? Then you drive to Best Buy
http://investorplace.com/2012/11/3-retailers-that-should-be-thankful-theyre-still-in-business-bby-jcp-rsh/2/
re: Ann: JB HI-FI NOW to change the way Austr... Bought a Modem...
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Last
$66.36 |
Change
1.150(1.76%) |
Mkt cap ! $7.255B | |||
| Open | High | Low | Value | Volume |
| $65.30 | $66.99 | $65.00 | $31.16M | 469.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 972 | $66.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $66.69 | 348 | 2 |
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