One company’s failure is another company’s success.
Top U.S. electronics retailer Best Buy Co has been gaining market share as rival Circuit City closes stores, and smart cost cutting could keep it shining throughout 2009, Barron’s said in its December 22 edition.
The weekly business newspaper said that while Best Buy shares were off by a third since it ran a bullish story on the company earlier this year, the retailer has been making the most of its rival Circuit City’s woes, after that company filed for bankruptcy.
It’s not too difficult to do well, when you are the only store in town.
Sphere: Related Content
- Pingback: Progress!
- Beth Charette on Rates Are Going Through The RoofI agree with this because I saw state regulations ... »
- Josh on Easy vs. ParalyzedI think things are going to get much worse before ... »
- mmo on The Art Of The Debt Swaplol...zero accountability has led to this situatio... »
- Rose @ Noni Juice Goodness on Way To Go Home DepotThis news is sad. I think, President Obama should ... »
All original content is
copyright © 1997-2010,
The One And Only
Slobokan.
All other material and brand or product names are copyright and/or registered trademarks of their respective holders.
E-Mail sent to any kooksinsuits.com address, or the feedback address listed at the top of the page, may be considered for publication unless the recipient is expressly notified otherwise.
This weblog is licensed under a Creative Commons License.
copyright © 1997-2010,
The One And Only
Slobokan.
All other material and brand or product names are copyright and/or registered trademarks of their respective holders.
E-Mail sent to any kooksinsuits.com address, or the feedback address listed at the top of the page, may be considered for publication unless the recipient is expressly notified otherwise.
This weblog is licensed under a Creative Commons License.