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Original Message
Just to be clear
Posted by Inmate51 on June 14, 2017 at 09:41:23:
I was replying to Dave_K's comments about getting married, having kids, buying a house, belongings multiplying, etc., not to the B&M vs online models.
But, to your points...
That was a very good and reasonably concise summary.
I've spent a lot of time in B&M retail, a couple were great and some just, well, you wonder how they stay in business (in fact, some of them are out of business or got bought out because someone saw the handwriting on the wall.) Remember Playback, Computerland, and CompuShop? I worked at 'em all, and two of the things they had in common were: Costs were too high, which made margins inadequate longterm, and, they failed to keep up with the changing buyer wants and needs.
Remember the Mindset personal computer? Probably not. Search back to 1984. CompuShop had the brilliant foresight to pick up the product because - drum roll please - the CompuShop owner and the Mindset owners used to work together at Sears. The product died within a year. But I still have their little promotional digital desk clock - and it still works! Hahaha! How's that for irony!
:)