originalucifer@moist.catsweat.com
on 22 Mar 2024 14:47
nextcollapse
headline is somewhat wrong.. thats what they will close just in that year.. they are closing even more _this_year (+24)
As our ongoing practice, we will continue to close existing traditional stores during our rigorous review of stores as their leases come up for renewal. In fiscal '24, we closed 24 stores,” Bilunas said. “And in fiscal '25, we expect to close 10 to 15 stores
kirklennon@kbin.social
on 22 Mar 2024 16:09
nextcollapse
The headline is right. Even if you don't know Best Buy's fiscal year, the tenses used in the quote makes it clear that they already closed 24 stores. Best Buy's 2024 fiscal year ended on February 3, 2024. They plan to close 10 to 15 more by roughly one month into 2025, so not literally "by 2025" but close enough.
For Best Buy "Fiscal ‘24’ is February 2023 to January 2024
Fiscal '25 is February 2024 to January 2025.
It’s dumb, I know.
CraigeryTheKid@lemm.ee
on 22 Mar 2024 17:06
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as a retailer, might make a lot of sense not trying to close the books every year within a week of Christmas?; OR to prevent all the accountants from working overtime in that period?
my company’s FY is June-May
originalucifer@moist.catsweat.com
on 22 Mar 2024 19:31
nextcollapse
makes sense, thanks!
Patches@sh.itjust.works
on 23 Mar 2024 02:17
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It’s definitely not for over time LMAO. Corporate ain’t give a shit bout that.
It’s so that they can close with the Christmas rush.
RedWeasel@lemmy.world
on 22 Mar 2024 14:54
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This seems a lot more rational than some other closings where you hear about hundreds closing. Closing a few, but possibly replacing some of them with their smaller stores. Sound much more proactive than some closings we hear about.
AbidanYre@lemmy.world
on 22 Mar 2024 15:03
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Yeah, 10-15 out of 1,100 doesn’t really seem that drastic.
And commercial real estate takes another lovely hit!
FunderPants@lemmy.ca
on 22 Mar 2024 18:13
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Best bye
reddig33@lemmy.world
on 22 Mar 2024 18:19
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Best Buy has really missed an opportunity to stick it to Amazon. They own a huge amount of retail space that could double as warehouse/online order fulfillment. You know you aren’t getting counterfeit merchandise. Returns are simpler thru walk in. You can inspect before purchase.
Instead, you walk into the retail space and they are out of everything. A warehouse should never be empty.
conciselyverbose@sh.itjust.works
on 22 Mar 2024 18:45
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I decided to finally get an action camera a couple weeks ago. I watched however many hours of video between the GoPro and DJI Action, finally decide on the Action 4, Best Buy says they have it so I go to the store.
There’s fucking no one there. The entire camera area has basically bare shelves, they don’t even have the action 4 displayed or any indication that they sell it despite being one of basically two options, and there’s no one to get to go get me one. I ended up putting in an order on the app and wandering the mall for 20 minutes.
I went to best buy to buy a phone for my kid recently. They didn’t carry a phone case for the phone they sold me. They had phone cases for every iPhone you could imagine, ones they didn’t even sell. Cases for lots of phones they didn’t sell.
Crazy to me that they don’t at least stock a couple cases for the phones they sell in store.
femboy_bird@lemmy.blahaj.zone
on 22 Mar 2024 20:38
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Microcenter: get a free 128gb flash drive just for visiting one of our new locations
Default_Defect@midwest.social
on 23 Mar 2024 03:25
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Good for anyone that lives near a Micro Center then, I guess.
FunkPhenomenon@lemmy.zip
on 22 Mar 2024 22:34
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that’s it? needs to be more like 150 just to stay competitive
btaf45@lemmy.world
on 22 Mar 2024 23:34
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Is this the same store chain that has a CIA substation underneath in the Burbank location? Oh wait, I’m thinking of Buy More and their Nerd Herd.
TheMightyCanuck@sh.itjust.works
on 22 Mar 2024 23:49
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Is this a fucking “Chuck” reference?
Holy shit
AlecSadler@sh.itjust.works
on 23 Mar 2024 01:10
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I miss that show. It was so perfectly cheesy and fun and silly, with a great array of characters. The finale was great.
diffcalculus@lemmy.world
on 23 Mar 2024 01:22
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Excuse me?? A reply by THE Alex Sadler about the TV show Chuck?? I think I can turn off the Internet for the day. I’m satisfied.
FordBeeblebrox@lemmy.world
on 23 Mar 2024 03:11
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Captain Awesome was the chillest most understanding dude of all time
ThePrivacyPolicy@lemmy.ca
on 23 Mar 2024 00:33
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The one near me (in Canada), just can’t seem to figure out what it wants to be and reinvents itself, and fails further, about every five years or so. They went through a phase with a massive music section, probably 25% or more of the store and tried to take on music store chains - that was always dead empty. Then that section went away for a while, and then they fully closed for a huge overhaul and re-opened with about 75% of the store now just an appliance store. The whole place is a ghost town and used to be quite busy when it was an electronics store like we normally associate them to be. I don’t even shop online anymore because they’ve expanded into the whole “marketplace” concept and are just another amazon where you need to closely check where you’re even buying from. I bet there’d be more success in doing what they’re good at instead of having to try and be like everyone else.
Patches@sh.itjust.works
on 23 Mar 2024 02:14
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What exactly were they good at? Selling overpriced electronic crap?
FordBeeblebrox@lemmy.world
on 23 Mar 2024 03:09
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Good at installing car stereos, before the usb port and CarPlay became a thing
bitchkat@lemmy.world
on 23 Mar 2024 03:27
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Cheap stereos when they were Sound of Music.
Kaiyoto@lemmy.world
on 23 Mar 2024 01:05
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Last time I went in there (probably 6-7 years ago now) I got asked 5 times in like 15 minutes if I needed help with something. Like fucking chill! I gave up on trying to find anything because I couldn’t think with being pestered. I also could tell I was being followed through the store by one of their loss prevention people while I was wearing business clothes on the nicer end of town.
I remember going in there once to get a cable for transferring data between drives and it was awesome because otherwise I would have had to wait days for one to come in. Being able to pick up something specialized or computer parts was pretty awesome. It was even more awesome when there were stores dedicated to that. I feel like micro center was the name of the one locally before their stores disappeared.
Dkiscoo@lemmy.world
on 23 Mar 2024 02:40
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I worked there for a bit in college and you have 30 seconds from when someone walks into your section to ‘greet’ people or else the managers will yell at you. It was so stupid and always annoyed everyone.
bitchkat@lemmy.world
on 23 Mar 2024 03:26
nextcollapse
Opposite experience for me last time I was in one, which was only about a month or so ago when I picked up my Quest 3. They don’t keep them on the shelves so I had to find someone to go get it and, dude, there was NO ONE on the floor. I actually live way closer to one now than I ever did before so I was going in a bit more often since I can just walk down the street and get something in 20 minutes over waiting a day to have it delivered.
threaded - newest
headline is somewhat wrong.. thats what they will close just in that year.. they are closing even more _this_year (+24)
The headline is right. Even if you don't know Best Buy's fiscal year, the tenses used in the quote makes it clear that they already closed 24 stores. Best Buy's 2024 fiscal year ended on February 3, 2024. They plan to close 10 to 15 more by roughly one month into 2025, so not literally "by 2025" but close enough.
For Best Buy "Fiscal ‘24’ is February 2023 to January 2024
Fiscal '25 is February 2024 to January 2025.
It’s dumb, I know.
as a retailer, might make a lot of sense not trying to close the books every year within a week of Christmas?; OR to prevent all the accountants from working overtime in that period?
my company’s FY is June-May
makes sense, thanks!
It’s definitely not for over time LMAO. Corporate ain’t give a shit bout that.
It’s so that they can close with the Christmas rush.
This seems a lot more rational than some other closings where you hear about hundreds closing. Closing a few, but possibly replacing some of them with their smaller stores. Sound much more proactive than some closings we hear about.
Yeah, 10-15 out of 1,100 doesn’t really seem that drastic.
And commercial real estate takes another lovely hit!
Best bye
Best Buy has really missed an opportunity to stick it to Amazon. They own a huge amount of retail space that could double as warehouse/online order fulfillment. You know you aren’t getting counterfeit merchandise. Returns are simpler thru walk in. You can inspect before purchase.
Instead, you walk into the retail space and they are out of everything. A warehouse should never be empty.
I decided to finally get an action camera a couple weeks ago. I watched however many hours of video between the GoPro and DJI Action, finally decide on the Action 4, Best Buy says they have it so I go to the store.
There’s fucking no one there. The entire camera area has basically bare shelves, they don’t even have the action 4 displayed or any indication that they sell it despite being one of basically two options, and there’s no one to get to go get me one. I ended up putting in an order on the app and wandering the mall for 20 minutes.
Fucking stupid.
Best Buy is going to be the next Circuit City. The only question is when.
I went to best buy to buy a phone for my kid recently. They didn’t carry a phone case for the phone they sold me. They had phone cases for every iPhone you could imagine, ones they didn’t even sell. Cases for lots of phones they didn’t sell.
Crazy to me that they don’t at least stock a couple cases for the phones they sell in store.
Microcenter: get a free 128gb flash drive just for visiting one of our new locations
Best Buy:
.
Good for anyone that lives near a Micro Center then, I guess.
that’s it? needs to be more like 150 just to stay competitive
Is this the same store chain that has a CIA substation underneath in the Burbank location? Oh wait, I’m thinking of Buy More and their Nerd Herd.
Is this a fucking “Chuck” reference?
Holy shit
I miss that show. It was so perfectly cheesy and fun and silly, with a great array of characters. The finale was great.
Excuse me?? A reply by THE Alex Sadler about the TV show Chuck?? I think I can turn off the Internet for the day. I’m satisfied.
Captain Awesome was the chillest most understanding dude of all time
The one near me (in Canada), just can’t seem to figure out what it wants to be and reinvents itself, and fails further, about every five years or so. They went through a phase with a massive music section, probably 25% or more of the store and tried to take on music store chains - that was always dead empty. Then that section went away for a while, and then they fully closed for a huge overhaul and re-opened with about 75% of the store now just an appliance store. The whole place is a ghost town and used to be quite busy when it was an electronics store like we normally associate them to be. I don’t even shop online anymore because they’ve expanded into the whole “marketplace” concept and are just another amazon where you need to closely check where you’re even buying from. I bet there’d be more success in doing what they’re good at instead of having to try and be like everyone else.
What exactly were they good at? Selling overpriced electronic crap?
Good at installing car stereos, before the usb port and CarPlay became a thing
Cheap stereos when they were Sound of Music.
Last time I went in there (probably 6-7 years ago now) I got asked 5 times in like 15 minutes if I needed help with something. Like fucking chill! I gave up on trying to find anything because I couldn’t think with being pestered. I also could tell I was being followed through the store by one of their loss prevention people while I was wearing business clothes on the nicer end of town.
I remember going in there once to get a cable for transferring data between drives and it was awesome because otherwise I would have had to wait days for one to come in. Being able to pick up something specialized or computer parts was pretty awesome. It was even more awesome when there were stores dedicated to that. I feel like micro center was the name of the one locally before their stores disappeared.
I worked there for a bit in college and you have 30 seconds from when someone walks into your section to ‘greet’ people or else the managers will yell at you. It was so stupid and always annoyed everyone.
I am so glad we have a microcenter in my city.
Opposite experience for me last time I was in one, which was only about a month or so ago when I picked up my Quest 3. They don’t keep them on the shelves so I had to find someone to go get it and, dude, there was NO ONE on the floor. I actually live way closer to one now than I ever did before so I was going in a bit more often since I can just walk down the street and get something in 20 minutes over waiting a day to have it delivered.
.
Shouldn’t have stopped selling physical media.
:( Best Buy has the best shuckable hdd deals
gemini://samsara.bebear.net/urbandict?shuckable
Maybe they should shut down and just only sell harddrives. lol.