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re: Best Buy cutting staff
Posted on 2/29/24 at 2:01 pm to UPGDude
Posted on 2/29/24 at 2:01 pm to UPGDude
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.
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.
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