Best Buy vows to slim down, tackle 'showrooming'

Thu, 06/21/2012 - 14:38 EDT - Yahoo! Business News

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(Reuters) - Best Buy Co Inc's acting CEO promised to tackle the unwieldy size of the world's largest consumer electronics chain, just months after investors gave a thumbs-down to its restructuring efforts so far. He also said the company will seek to end the practice of so-called showrooming which has caused Best Buy to lose sales to online retailers. Interim CEO Mike Mikan and other executives said the company was working to improve its online business and looking for opportunities to reduce retail square footage further than the previously announced plan to close 50 of its 1,100 large U.S. ...

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Best Buy vows to slim down, tackle "showrooming"
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Best Buy Swears Shoppers Don’t Have to Bother Showrooming Anymore
With the launch of a new price-matching guarantee, electronics giant Best Buy promises “the end of showrooming”—the increasingly popular practice in which shoppers scope out merchandise in a store and then buy it for less money online. Best Buy recently announced the following: Best Buy’s Low Price Guarantee hits online and in stores on March 3, signaling the end of “showrooming.” Best Buy will price match all local retail competitors and 19 major online competitors in all product categories and on nearly all in-stock products, whenever asked by a customer.
Best Buy Swears Shoppers Don’t Have to Bother Showrooming Anymore
With the launch of a new price-matching guarantee, electronics giant Best Buy promises “the end of showrooming”—the increasingly popular practice in which shoppers scope out merchandise in a store and then buy it for less money online. Best Buy recently announced the following: Best Buy’s Low Price Guarantee hits online and in stores on March 3, signaling the end of “showrooming.” Best Buy will price match all local retail competitors and 19 major online competitors in all product categories and on nearly all in-stock products, whenever asked by a customer.
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Best Buy vows to slim down, tackle 'showrooming'

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