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re: Which of these two retailers declares bankruptcy first?
Posted on 2/28/13 at 9:50 am to Lsut81
Posted on 2/28/13 at 9:50 am to Lsut81
quote:
BB has lots of cash on hand to stem off for a while, plus there are a few groups who are interested in taking them private.
Amazon is killing BB. I think a lot of people just go to BB to "kick the tires" then come home and purchase online from Amazon. You can get the same or better price, avoid sales taxes and usually get free shipping.
Posted on 2/28/13 at 9:54 am to GumboPot
quote:
Amazon is killing BB. I think a lot of people just go to BB to "kick the tires" then come home and purchase online from Amazon. You can get the same or better price, avoid sales taxes and usually get free shipping.
Not denying that in any way at all... But nonetheless, they have lots of cash on hand in order to stave off a bankruptcy for a while. Plus, they have multiple parties interested in buying them and taking them private.
Posted on 2/28/13 at 10:10 am to GumboPot
I believe BB is staring/going to start price matching online retailers, so that could stop the showroom syndrome. Whether they lose money on those transactions is a different story though.
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