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Apps That Will Save You Time and Money Through The Black Friday Weekend
Friday, November 29, 2013 - 8:49am | 746Increased smartphone usage is causing a rise in “showrooming” among consumers, a practice in which shoppers examine and test out products at the traditional retailers, but later purchase the item online at a lower price. Popular retailers are aiming to maintain their sales by matching the...
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Is 'Showrooming' Still a Boogeyman for Retailers?
Monday, November 4, 2013 - 3:11pm | 786It's become a term retailers have learned to dread: “showrooming.” That's when consumers visit brick-and-mortar stores to test out products they're considering – then head home and buy those items on-line,at a better price. Showrooming has certainly taken a toll on some retailers. A Pew...
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90% of Best Buy Customers Could Put it Out of Business
Tuesday, December 18, 2012 - 2:56pm | 459TechBargains.com, which promotes itself as the site that retailers "hope you don't discover," has published a new report detailing the shopping habits of consumers, particularly those with a smartphone. After conducting a survey of an undisclosed number of individuals, TechBargains found that 73...
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Best Buy Hopes to Make Millions by Cloning Apple
Thursday, July 5, 2012 - 11:51am | 296As part of its turnaround plan, Best Buy (NYSE: BBY) is testing out a smaller and sleeker store format that resembles the design of Apple's (NASDAQ: AAPL) retail outlets. According to the Wall Street Journal, the new store -- which is currently being tested near the company's headquarters in...
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Best Buy's New Showrooming Defense Could Scare Off Legitimate Customers
Friday, June 22, 2012 - 11:56am | 517In an effort to curtail a practice that threatens to destroy big box retailers, Best Buy (NYSE: BBY) has vowed to eliminate showrooming in all of its stores. The company, which operates more than 1,000 retail locations in the United States, has been hit hard with declining sales, poor management,...