"Central Knowledge Desk"

Not a good start.  What a dumb, unmemorable name.

On Fri, Mar 30, 2012 at 9:06 AM, Ray Champagne <[email protected]> wrote:

> I read this morning that they are trying to do that - they are calling the
> "Connnected Bar" or something like that.  It's going to be hard to get the
> same environment that Apple has created.  Also, like the article I read
> mentioned, Apple can afford to have people hanging out at the genius bar,
> eventually they know they will sell them an upgrade or a new accessory, or
> iPod, or whatever.
>
>
> On Fri, Mar 30, 2012 at 9:02 AM, Cameron Childress <[email protected]>wrote:
>
>>
>> Yeah I saw this as I was getting ready this morning.  Interesting to me
>> because just last night I was watching a CNBC special called "The Big Box
>> Fights Back" that was all about Best Buy's origin and how it's survived as
>> companies like Circuit City failed.  When I originally tuned in, another
>> show was actually on the schedule at that time.  So I suspect this news
>> was
>> announced after the closing bell last night and CNBC shifted this on the
>> schedule since it would get more viewers.
>>
>> At any rate, the show focused alot on how successful the Geek Squad part
>> of
>> the business is.  I think having smaller stores is a good move. If they
>> are
>> getting beat out by online retailers, they need to improve their website
>> and use the locations more like showrooms.  Apple does this to great
>> effect. If Best Buy could use the Geek Squad replicate Apple's "Genius
>> Bar"
>> for all electronics I think they'd have a real draw too.
>>
>> Shipping large items from a central warehouse with fewer at the store is
>> not a bad idea either, and would allow one large facility to support more
>> smaller stores.
>>
>> -Cameron
>>
>> On Thu, Mar 29, 2012 at 8:06 PM, Jerry Barnes <[email protected]>
>> wrote:
>>
>> >
>> > Best Buy Forced to Rethink Big BoxJ
>> >
>> >
>> > Best Buy Co., BBY -6.95% which once out-muscled rivals with stores as
>> big
>> > as 58,000 square feet, is moving away from the "big box" business model
>> > that it long used to crush competitors in consumer-electronics
>> retailing.
>> >
>> > The electronics giant溶ow itself being out-manuevered by Internet rivals
>> > with lower operating costs用lans several new tactics to improve weak
>> sales.
>> >
>> > On Thursday it said it will close 50 big-box stores this year, and test
>> > remodeled store formats in San Antonio and Minneapolis.  It will also
>> lay
>> > off 400 workers as part of a plan to trim $800 million in costs and
>> > restructure its ailing business.
>> > ...
>> > Many analysts said the move to rethink the purpose of Best Buy stores
>> was
>> > long overdue, noting that closing 50 out of 1,100 big stores amounts to
>> a
>> > reduction of just 4.5%. Many had labeled as inadequate Best Buy's
>> previous
>> > pledge to shrink its square footage by 10%.
>> >
>> >
>> >
>> >
>> http://online.wsj.com/article/SB10001424052702303404704577311322427071212.html?mod={%22WSJ_GoogleNews%22,%20%22igoogle_wsj_gadgv1%22}<http://online.wsj.com/article/SB10001424052702303404704577311322427071212.html?mod=%7B%22WSJ_GoogleNews%22,%20%22igoogle_wsj_gadgv1%22%7D>
>> >
>> >
>> > -
>> >
>> > Ninety percent of politicians give the other ten percent a bad
>> reputation.
>> > - Henry Kissinger
>> >
>> > Politicians are people who, when they see light at the end of the
>> tunnel,
>> > go out and buy some more tunnel. - John Quinton
>> >
>> >
>>
>> 

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