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Best Buy cutting staff

Posted on 2/29/24 at 11:54 am
Posted by UPGDude
Baton Rouge
Member since Feb 2021
603 posts
Posted on 2/29/24 at 11:54 am
quote:

Just a heads up: Best Buy executives are expecting soft sales in 2024 and are warning that layoffs and other cost saving measures may be announced by the company. The number of job cuts are currently unclear, but CEO Corie Barry says the savings would be reinvested into the business or would offset inflationary pressures.


So a questionable business model with crappy service is going this way? they could soon be the next Circuit City.
Posted by dgnx6
Baton Rouge
Member since Feb 2006
69361 posts
Posted on 2/29/24 at 11:57 am to
quote:

So a questionable business model with crappy service is going this way? they could soon be the next Circuit City.



Around the holidays i went in there and they had a million people walking around and one chick checking people out at customer service.

Can i help you? yeah go walk over to that register and start checking people out, stop handing me trash on my way in.



This post was edited on 2/29/24 at 11:58 am
Posted by jizzle6609
Houston
Member since Jul 2009
4540 posts
Posted on 2/29/24 at 11:57 am to
quote:

hey could soon be the next Circuit City.


I believe so.

Their stores now look terrible on the inside. Unkept, empty.

Every sign of closing down appears to be knocking. Amazon, Walmart, BABA, JD, PDD, Coupang.

Theres just so much competition that literally delivers.
Posted by el Gaucho
He/They
Member since Dec 2010
53479 posts
Posted on 2/29/24 at 11:58 am to
Electronics company says best “bye” to staff
Posted by member12
Bob's Country Bunker
Member since May 2008
32145 posts
Posted on 2/29/24 at 11:58 am to
Impossible. I was told that this economy was strong. And to trust our federal level estimates on job growth even though it conflicts with state level numbers.
Posted by BIGJLAW
Member since Mar 2013
8455 posts
Posted on 2/29/24 at 12:00 pm to
Retail is notorious for cutting jobs and closing stores in February/March.
Posted by LaBR4
Baton Rouge
Member since Sep 2005
51312 posts
Posted on 2/29/24 at 12:01 pm to
I like walking around BestBuy even though I don't buy anything just to look at stuff..frick
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51512 posts
Posted on 2/29/24 at 12:03 pm to
quote:

they could soon be the next Circuit City.


Honestly, Best Buy's survival up to this point has been impressive.

I bought my last TV there because I wanted to look at all of them side by side.
This post was edited on 2/29/24 at 12:05 pm
Posted by Pedro
Geaux Hawks
Member since Jul 2008
33836 posts
Posted on 2/29/24 at 12:09 pm to
I go into the store on black friday and buy a tv.
In stock should be able to walk out with tv right? Wrong.
"Wont be ready for an hour."
No big deal probably could use a bigger vehicle than the elantra i was in anyway.
Go switch cars, eat lunch, and come back.
Still not ready.
Ask someone in customer service and "they have no record of sell." get told to wait another hour and come back.
Didnt feel like going back home so I just hang out in the store.
3 hours later still no tv.
I go back home.
2 hours later I get a text its read
Get to store.
They still have no record in store of the sell (keep in mind I bought the damn thing in the store)
Decided I wasnt leaving without tv and annoy them into submission.
At that moment I decided I was done making bigger purchases there.

Theyve done this to themselves as far as im concerned.
Posted by East Coast Band
Member since Nov 2010
63013 posts
Posted on 2/29/24 at 12:11 pm to
Biden's teleprompter writers will not include this in any upcoming talks
Posted by cypresstiger
The South
Member since Aug 2008
10715 posts
Posted on 2/29/24 at 12:15 pm to
Best Buy's demise began with last week's OT rant against them.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
120002 posts
Posted on 2/29/24 at 12:19 pm to
I have a gift card I need to use before they close.
Posted by NCIS_76
Member since Jan 2021
5246 posts
Posted on 2/29/24 at 12:26 pm to
Obama and Biden’s America!
Posted by Byrdybyrd05
Member since Nov 2014
25724 posts
Posted on 2/29/24 at 12:34 pm to
Best Buy workers suck arse. They just stare at you when you knowing you need help
Posted by Chad504boy
4 posts
Member since Feb 2005
167065 posts
Posted on 2/29/24 at 1:27 pm to
good. hope they start with the bitch in covington.
Posted by dukke v
PLUTO
Member since Jul 2006
204213 posts
Posted on 2/29/24 at 1:36 pm to
I knew this was going to happen.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27444 posts
Posted on 2/29/24 at 1:44 pm to
Bestbuy seems to not really know what it wants to be. It tries to have a bit of everything, from computers to phones to appliances to TVs, etc. But that means that its selection of any of those things isn’t very good. A couple of decades ago, that was fine, but it just doesn’t work anymore.
Posted by OweO
Plaquemine, La
Member since Sep 2009
114216 posts
Posted on 2/29/24 at 2:01 pm to
Buy stock. When staff cutting starts, stocks go up.

Honestly, I am surprised there are still as many retail physical locations as there are. With the internet an all.

It seems bigger retail stores that rent, like department stores in malls could reduce their rent cost by getting into smaller stores and places like best buy could shut down some stores and use the land for something more profitable. But I could see a new type of mall pop up that has smaller starts of all the major retail places that have some items available, but is more of a customer service location where people can go exchange items, etc. That way, you only need a few people working, but it would have to be something more than just a mall. It could be some form of entertainment where the smaller stores also serve as advertising. And security would have to be a top priority. You can't just have typical mall cops fricking off. In today's world you need a place where if someone tries to do some dumb shite, there will be people right there ready to act.
Posted by 3deadtrolls
lafayette
Member since Jan 2014
5799 posts
Posted on 2/29/24 at 2:23 pm to
I'm probably in the minority but I like Best Buy. They price match everybody and it's usually easy in easy out with what I went for.
Posted by SantaFe
Baton Rouge
Member since Apr 2019
6658 posts
Posted on 2/29/24 at 2:27 pm to
Today we need a store like New Generation .
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