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re: Best Buy Stock Plummet
Posted on 1/17/14 at 6:28 pm to lynxcat
Posted on 1/17/14 at 6:28 pm to lynxcat
I can tell you the second thing you mentioned has already started. Not exactly what you spelled out, but Best Buy's online business grew 20+% this year and a lot of it has to do with what you described. No need for mini DCs when you have 1200 stores that can act as them.
1
Posted on 1/17/14 at 10:11 pm to kengel2
That defeats the purpose if you keep the same store footprint. The idea is to limit the square footage and hold less inventory/quicker turnover.
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