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ekster
Hi there
Premium Member
join:2010-07-16
Sainte-Anne-De-Bellevue, QC

1 recommendation

ekster to Guspaz

Premium Member

to Guspaz

Re: Futureshop/Bestbuy abruptly shut down a dozen stores

Doesn't surprise me... I mean, what kind of a person thinks that it's a good business to own two different stores that offer the exact same thing for the exact same price and place them next to each other everywhere? Twice the space does not mean twice the profit.

donoreo
Premium Member
join:2002-05-30
North York, ON

donoreo

Premium Member

said by ekster:

Doesn't surprise me... I mean, what kind of a person thinks that it's a good business to own two different stores that offer the exact same thing for the exact same price and place them next to each other everywhere? Twice the space does not mean twice the profit.

A lot of them were located beside each other before BB bought FS. I did not think it made sense to keep both brands going.
bt
join:2009-02-26
canada

bt to ekster

Member

to ekster
said by ekster:

Doesn't surprise me... I mean, what kind of a person thinks that it's a good business to own two different stores that offer the exact same thing for the exact same price and place them next to each other everywhere?

They'll often have things at different prices, actually. Which in a way makes it worse, because you walk across the parking lot and get the higher priced one to price match + 10% of the diff.
bt

bt to donoreo

Member

to donoreo
said by donoreo:

A lot of them were located beside each other before BB bought FS. I did not think it made sense to keep both brands going.

They've also built new ones beside each other, though.
vue666 (banned)
Let's make Canchat better!!!
join:2007-12-07

vue666 (banned) to ekster

Member

to ekster
said by ekster:

Doesn't surprise me... I mean, what kind of a person thinks that it's a good business to own two different stores that offer the exact same thing for the exact same price and place them next to each other everywhere? Twice the space does not mean twice the profit.

In HRM the Bay and Zellers where in the same mall (Mic Mac Mall).... In the US there is a K-Mart often nearby to a Sears outlet...

donoreo
Premium Member
join:2002-05-30
North York, ON

donoreo

Premium Member

said by vue666:

said by ekster:

Doesn't surprise me... I mean, what kind of a person thinks that it's a good business to own two different stores that offer the exact same thing for the exact same price and place them next to each other everywhere? Twice the space does not mean twice the profit.

In HRM the Bay and Zellers where in the same mall (Mic Mac Mall).... In the US there is a K-Mart often nearby to a Sears outlet...

There is a bigger difference between those. FS and BB carry exactly the same things most of the time.
vue666 (banned)
Let's make Canchat better!!!
join:2007-12-07

vue666 (banned)

Member

And I can buy shirts, underwear, pants, blank dvds or a tv at Zellers or the Bay.... But like BB or FS the brands may vary...

Hell K-Mart in the USA even carries Craftsmen products...

ekster
Hi there
Premium Member
join:2010-07-16
Sainte-Anne-De-Bellevue, QC

ekster

Premium Member

Zellers is a cheaper, dirtier, crappier, lesser known brands store. The Bay is the more expensive, fancier, more popular brands store.

You cannot go to Zellers and the Bay and find the exact same shirt, nor see the exact same price. Shirts in Zellers are $5-10, shirts in the Bay are $50-100.

BB and FS are the exact same store, exact same inventory, exact same price.

TLS2000
Premium Member
join:2004-02-24
Elmsdale, NS
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TLS2000 to bt

Premium Member

to bt
said by bt:

said by donoreo:

A lot of them were located beside each other before BB bought FS. I did not think it made sense to keep both brands going.

They've also built new ones beside each other, though.

BB bought Futureshop just before their first stores opened up here. They never actually competed with one another.
vue666 (banned)
Let's make Canchat better!!!
join:2007-12-07

vue666 (banned) to ekster

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to ekster
said by ekster:

Zellers is a cheaper, dirtier, crappier, lesser known brands store. The Bay is the more expensive, fancier, more popular brands store.

You cannot go to Zellers and the Bay and find the exact same shirt, nor see the exact same price. Shirts in Zellers are $5-10, shirts in the Bay are $50-100.

BB and FS are the exact same store, exact same inventory, exact same price.

A shirt is a shirt. It's pretty low tech unlike a tv, computer or car...

Just because you stick a Levis tag onto a pair of jeans or shirt doesn't mean it's better...

I suspect you've not seen the 20/20 or 60 Minutes documentary where the same pair of jeans comes out of the same factory. the difference one gets tagged with a known brand name the other is untagged.... But thee is a big difference in price...

ekster
Hi there
Premium Member
join:2010-07-16
Sainte-Anne-De-Bellevue, QC

ekster

Premium Member

I'm well aware what a shirt is, or where they're all made. Does not change the fact that The Bay and Zellers sell goods to two completely different demographics, goods that carry different tags and different prices.

FS and BB sell to the same demographic, same items, same price, owned by the same company, and sell in the exact same mall, paying twice the rent for no reason.

elwoodblues
Elwood Blues
Premium Member
join:2006-08-30
Somewhere in

elwoodblues to TLS2000

Premium Member

to TLS2000
That's something I never figured out, why buy a chain, leave it in place,and open up your own stores for competition.

I read years ago where the CEO said wit FS having 20% of the market , that left 80% for BB to go after.
vue666 (banned)
Let's make Canchat better!!!
join:2007-12-07

vue666 (banned) to ekster

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to ekster
Kindly go back and re-read my post... I think you missed my key point....

dirtyjeffer0
Posers don't use avatars.
Premium Member
join:2002-02-21
London, ON

dirtyjeffer0 to elwoodblues

Premium Member

to elwoodblues
said by elwoodblues:

That's something I never figured out, why buy a chain, leave it in place,and open up your own stores for competition.

I read years ago where the CEO said wit FS having 20% of the market , that left 80% for BB to go after.

i agree...i never understood that either...dumb.

nitzguy
Premium Member
join:2002-07-11
Sudbury, ON

nitzguy to elwoodblues

Premium Member

to elwoodblues
said by elwoodblues:

That's something I never figured out, why buy a chain, leave it in place,and open up your own stores for competition.

I read years ago where the CEO said wit FS having 20% of the market , that left 80% for BB to go after.

I believe at the time (going back to 2001 now) that FS was not in all centres and had a small presence out west I believe and being a perdominantely eastern based organization...

Its also I believe silly to have a FS and BB in a town with less than 200k people...I don't believe both are properly supported, now its tough for me to argue this, but have any "new" Future Shop stores opened in the last 5 years? (new being net new, not relocated stores).

Perhaps its just holding onto that brand? Also the fact that BB isn't on commission and FS reps are would be the only other thing I could tell what the difference is...
bt
join:2009-02-26
canada

bt

Member

said by nitzguy:

Its also I believe silly to have a FS and BB in a town with less than 200k people...I don't believe both are properly supported, now its tough for me to argue this, but have any "new" Future Shop stores opened in the last 5 years? (new being net new, not relocated stores).

Yep. They opened a new FS in Ottawa a year or two ago.

TOPDAWG
Premium Member
join:2005-04-27
Calgary, AB

TOPDAWG to nitzguy

Premium Member

to nitzguy
yeah they have a new one in barrie it's forking huge and a new best buy opened in the same mall at the same time. The one they closed in barrie was redone inside but it's not near the size of the new one they still have.
telco_mtl
join:2012-01-06

telco_mtl to ekster

Member

to ekster
said by ekster:

Zellers is a cheaper, dirtier, crappier, lesser known brands store. The Bay is the more expensive, fancier, more popular brands store.

You cannot go to Zellers and the Bay and find the exact same shirt, nor see the exact same price. Shirts in Zellers are $5-10, shirts in the Bay are $50-100.

BB and FS are the exact same store, exact same inventory, exact same price.

but the bay did have Simpsons for about 8 years, in montreal the 2 stores were 4 streets apart and they carried the exact same merchandise!