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Best Buy Co., Inc. Message Board

stocksentinel 3 posts  |  Last Activity: Aug 27, 2014 6:25 PM Member since: Jan 20, 1998
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  • Consumer electronic prices on average continued to decline, and no new must have high dollar devices have shown up lately. The hope is when 4K come more into the price range of the average consume it will drive new wave of big screen TV upgrading. Which I suspect will happen within the next 18 months, and once it starts watch BBY revenues zoom.

  • WM is says consumers are choosing local markets over their suppercenters for convenance, but the real issue is the largest part of WM sales, groceries, has become a lot more competitive in the last few years. Driven by the mass consolidation in the grocery market sector in the last several years that WM it's self caused by using it's superior size to cut better deals and give lower grocery prices to attract customers away from traditional grocery only stores.

    Well that day is over, the difference between traditional grocery store and WM are almost none existent when you take advantage of the weekly sales most grocers offer, especially meat sales. Also a lot of those suppercenter stores are getting old and dated, and will soon need massive influxes of money to keep them up to date, what will MW do? Hard to say, maybe close a lot of them, and pray the smaller stores pick up the slack, spend a ton of money to replace them with new smaller stores. Regardless WM is going to have to take a big hit for building so many of those supercenters in the long run one way or another.

    Sentiment: Strong Sell

  • stocksentinel stocksentinel Jul 30, 2014 4:05 PM Flag

    "The products BBY sells represent a tiny portion of AMZN's " Totally wrong, electronics and other goods is the largest part of AMZN revinue, and just the US sales of eledtronics and other goods accounts for almost half of AMZN total world wide income, and when world wide sales are taken in to accounts about 2/3rds of all AMZN sales. Even if BBY is assumed to make 0 impact to AMZN outside the US, if BBY puts a resonable dent in AMZN sales it hit AMZN hard. AMZN has been betting big time it would continue to increase sales in this catagory by taking market share from companies like BBY, but with agresssive cost cutting to keep prices low, BBY is starting to looks ike they have broken the trend when the went to price matching. Why go home and order it on AMZN when you can take it home from BBY for the same price and have it now?

    Sentiment: Strong Sell

BBY
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