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.

Source: http://finance.yahoo.com/news/can-electronics-stores-survive-.html

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