 capdjqRIP my friendPremium
join:2000-11-01
Coastie | reply to peterboro
Re: Futureshop/Bestbuy abruptly shut down a dozen stores I think the undoing of these two Stores have been returns and most/if not all people misusing that privilege. I see people here purchasing portable air conditioners in July and returning them after a month. The same happens during SB. 55-60 inch Plasma TVs and then returning after the Game. At least NCIX keeps people honest. No returns, if opened, after 2 weeks and then after a 15% restocking fee, at the discretion of the Store. No refunds, if opened, for Refurbished items.
Its no wonder they (FS & BB) went out of business. 
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Indestructible black box that is used on airplanes? Why don't they make the whole plane out of that stuff?!
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 dirtyjefferAnons on ignore, but not due to fear.Premium
join:2002-02-21
London, ON | they haven't gone out of business...and i'm not sure of what FS/BB's return policy is on big screens, but when i worked in the business in the 90s, those things were final sale...it didn't take a genius to figure out a patter of 200 big screen sales on Friday and 199 returned on Monday...making them final sale saved the company a fortune. |
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 milnoc
join:2001-03-05
H3B
kudos:1 | said by dirtyjeffer:they haven't gone out of business...
...Yet.
Remember Adventure Electronics? Atlantic Electronics? Both big box consumer electronics stores that went bust, one replacing the other.
FS/BB's days may be numbered.
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Watch my future television channel's public test broadcast!
»thecanadianpublic.com/live |
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 vue666I'm in the prime of my senilityPremium
join:2007-12-07
Halifax, NS | I remember Multi-Tech Warehouse.... LOL |
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 TLS2000Crazy CanuckPremium
join:2004-02-24
Mississauga, ON | I remember Majestic Electronics with their idiotic "If you find a lower price ANYWHERE, it's FREE!" policy. That didn't work out well for them.
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Tom |
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dirtyjefferAnons on ignore, but not due to fear.Premium
join:2002-02-21
London, ON | reply to milnoc
said by milnoc:Remember Adventure Electronics? Atlantic Electronics? Both big box consumer electronics stores that went bust, one replacing the other.
FS/BB's days may be numbered.
yes, i do remember Adventure Electronics...i worked for Majestic Electronics, who were then purchased by Adventure Electronics (and later worked for 2001 Audio/Video)...their problem (Adventure) was they grew too quickly and bit off WAY more than they could financially handle...senior/executive management at Adventure was a mess (not sure if it was a Quebec mentality)...they had 5 stores here in London...one downtown (which was a money pit, and eventually closed), 4 in the main malls here (which had ridiculous rents, and Masonville had 2 stores, because of the lease requirements from the "Majestic" days)...and a large superstore...realistically, they should have only had the one large store...none of the mall stores made any money.
they spent a FORTUNE on expanding and expanding, thinking that the more presence they had, the better they would do...that house of cards collapsed within a few years.
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People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.
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| said by dirtyjeffer:said by milnoc:Remember Adventure Electronics? Atlantic Electronics? Both big box consumer electronics stores that went bust, one replacing the other.
FS/BB's days may be numbered.
yes, i do remember Adventure Electronics...i worked for Majestic Electronics, who were then purchased by Adventure Electronics (and later worked for 2001 Audio/Video)...their problem (Adventure) was they grew too quickly and bit off WAY more than they could financially handle...senior/executive management at Adventure was a mess (not sure if it was a Quebec mentality)...they had 5 stores here in London...one downtown (which was a money pit, and eventually closed), 4 in the main malls here (which had ridiculous rents, and Masonville had 2 stores, because of the lease requirements from the "Majestic" days)...and a large superstore...realistically, they should have only had the one large store...none of the mall stores made any money. they spent a FORTUNE on expanding and expanding, thinking that the more presence they had, the better they would do...that house of cards collapsed within a few years. Aventure was also opening big box style stores at the same time as "boutique" stores. I remember they had multiple "boutiques" in some malls! |
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