Sunday, September 2, 2012
The fate of electronics stores
I think that electronics stores will survive based on people's need for impulse buys. Brendan Spaar was in need of a Playstation 3 a few months ago and rather than wait on eBay, he went to his local Gamestop store. While the price was about $20 higher than eBay, it was worth it to have the system right in time for the holiday. If you need a gift quickly you will pay the price for it. I think we will still see electronic stores like Best Buy but they will be reduced to mall sized cubical stores instead of the big 20-30,000 square foot brick and mortar shops.