Best buy is getting left behind. No longer the the tentpole company in electronics retailing, the big box chain has been relegated to little more than an unofficial showroom for Amazon. With declining numbers and newly appointed CEO Hubert Joly taking the place of the company’s departing founder, it’s apparent that now is the time to start thinking differently.
Joly needs to differentiate crusty old brick and mortar retailer from its we-can-deliver-anything-immediately, ecommerce-only competitors by offering consumers exclusive access to new and innovative products.
Tecca, a new mobile comparison shopping application, is the first company to launch from the digital media fund set up by electronics retailer Best Buy with Fuse Capital. The app focuses only on electronics, which makes sense, given... Read Post
Want to get rid of your digital camera, MP3 player, smartphone or other pieces of electronics you no longer need or want? Amazon may be willing to pay you for your used goods through their newly available electronics trade-in progra... Read Post