Amazon's next 10 victims

The online behemoth has conquered bookstores, and it's rolling over other retail sectors. Retailers at risk include Best Buy, Wal-Mart and RadioShack.

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114Comments
Feb 12, 2013 8:53PM
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Radio Shack prices are crrrazzzy! I priced a Radio Shack USB cable over the phone $21.99. On Amazon $1.58...what are you gonna do? There is no stopping progress, look what Walmart did to all of those mom and pop shops. They're certainly hard to feel sorry for!!!

Feb 12, 2013 11:55PM
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Amazon is only a tough match because it has 4 things no other retailer has.
(1) The best customer service, quick, reliable, almost no questions ask, and easy.
(2) Thousands of products to choose from, within the best search in the industry.
         [at HomeDepot.com one searches for a Hammer & you get not only a
hammer but hundreds of other items non related taking up value search time]
(3)  A review section, the best in the business, which makes purchase decisions easier.
Last:  Reasonable pricing, and shipping free when the total is at least $25.00
What more is there ?  Simple and easy. I have no sympathy for other retailers, who
make things not only difficult but gauge the customer.  I spend thousands a year at
Amazon so I speak of experience.

Feb 12, 2013 10:37PM
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Boo Hoo Best Buy. They need to chane their name to Bust Buy. They are reaping what they sowed. For years BB drove  small independent resellers out of business by undercutting their prices and using them in the same "showrooming" fashion that they complain about with Amazon. Their primary schtick has now become pushing expensive, un-needed extended warranties and obscenely overpiced accesories like HDMI and stereo cables. Their sales staff's' product knlowledge is is woefully ignorant and their prices are hardly competitive. They managed to sink Circuit City and apparently figured that with no brick and mortar competition left in their markets they didn't have to  adjust pricing.  Ehhhhhh... wrong answer. While Amazon has been eating their lunch they have been blowing bubbles with a completely dysfunctiuonal and erratic strategy. Their online presence is too late to the game and they can't shuck expensive real estate fast enough to save their sinking ship. Don't buy their stock, short it.
Feb 13, 2013 3:03AM
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Be careful building up Amazon. Once companies get control of a market, their prices will rise considerably. Amazon could become the devil then.
Feb 13, 2013 1:28PM
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Best Buy a victim of Amazon?  Best Buy is a victim of their own terrible service, lack of product knowledge, and overly massive stores (overhead).
Feb 12, 2013 11:51PM
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Walmart's the devil. Profits equal the GNP of a hundred countries yet majority of workers on welfare with no health benefits. Blickety blick Walmart. Long live Amazon!!
Feb 12, 2013 11:16PM
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Office Depot, Radio Shack, and Pet Smart are all overpriced. To give you an example, I can buy a whole ham chop it up and freeze it in individual bags for dog treats far cheaper than I can buy a 10 ounce bag of dog treats at Pet Smart. Whenever I go into Office Depot the place is empty because they do not cater to walk in customers. Try and purchase a three ring binder for less than 14 dollars or a simple set of dividers for less than 10 dollars and your out of luck. Radio Shack sells junk at astronomical prices. As a consumer I go where I can get a fair deal on good merchandise, which is what Amazon specializes in plus I get free shipping and in most cases I do not get charged sales tax. Do the math folks.

Feb 13, 2013 3:01PM
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I hate to see these businesses fading away. But, we have a much more serious problem on our hands! Our Country is in danger in my opinion. I think if the current level of "ask your doctor" ads, ads by lawyers trying to get someone to sue someone, insurance offers and medicare supplement offers, along with "reverse mortgatge" ads continue, it is my belief we will be a country doomed to failure. When the majority are addicted, who will pay taxes? If taxes aren't paid, the country is gone! Congress is the place to start changing this. I think every member of Congress should be paid the annual individual income for their district. Then, an oppinion poll should determine their next year's salary. NOTE TO MSN***** Lets have some articles advocating MERIT pay for Congress! Please!!!
Feb 13, 2013 2:41AM
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I feel sorry for Radio Shack franchisees - the chain has totally lost it's direction, it has no niche, and they have to price things so high they're priced right out of the market.  Best Buy?  Aside from appliances, what do they have that Amazon doesn't have for less?  So yeah, Amazon may indeed knock off Best Buy.  But Wal Mart?  They're not going anywhere.  The media hates Wal Mart (because Wal Mart is union free), and so they predict Wal Mart's doom every chance they get - but they've been doing that for years and Wal Mart just keeps on keeping on.  And if they do manage to take down Wal Mart, Amazon will become the biggest retailer on the planet - and everyone will start hating on them like they hate on Wal Mart now.
Feb 12, 2013 8:55PM
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Maybe if we pray, Amazon will open retail stores and smash Wal-Mart.
Feb 13, 2013 11:14AM
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I for one think these large mega companies are bad for the economy. It is hard to resist the low prices, but it is also hard to see smaller family owned stores go out of business.

There may be no stopping progress, but it's sad to see our nation slowly put ourselves in a bad economic state so that we can save a buck. That extra buck used to pay for all the benefits our parents received back in the day.

We're all guilty of it though.

Feb 12, 2013 11:33PM
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slash those prices ...free shipping!!! yeah
Feb 12, 2013 9:47PM
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Where do I go for toilet supplies??

 

Feb 13, 2013 8:50AM
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i will buy things at amazon, but onlythose i am sure i will keep.  everything that can be returned is bought at local stores.  that is why amazon has an achilles heel.  
Feb 13, 2013 1:55PM
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Amazon kicks @ss when it comes to shipping

Feb 13, 2013 11:54AM
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The internet and Amazon are so great pretty soon none of us will ever have to interface with another human ever again. We can all live  and shop virtually on the internet.

 

Amazon like all other internet retailers offers nothing but price on any given item (even if there customer service is perfect). I look forward to the day when all of the idiots buying from these guys find everything they purchase must be done online and you can never touch or feel the product because all of the retailers are gone as this article predicts.

 

You will have to buy on faith, because there will be no retailers left to go experience the actual product you are considering. Add to this that without retail competition Amazon may have to open ther own retail locations to fulfill this consumer demand, and will then loose their competitive advantage and will be forced to raise prices (cycle complete).

 

Additionally, the sales tax advantage that should have been closed years ago (all internet sales must pay sales tax) and you have a couple of the real reasons Amazon is succesful. Jeff Bezos is really not that smart..just an opportuntist that started out with one really big avantage with the sales tax loophole. I wonder how many political campaigns he has funded to keep this going for as long as it has? Plenty to be sure...

 

Given the debt and revenue problems this country is experiencing (take a look at the debt clock sometime) and then tell me how great this company really is and how they have addded anything of value to commerce is America? Thats right becuse when you compare the corporate taxes they pay vs the loss of revenue (both sales tax & income tax) of the retailers they intend to put out of business it is a net loss that is very significant.

 

All of this so Joe Lunchbox can save a few bucks on his/her next TV or book purchase?

 

Like most other things in this country the masses are easily led and will be all the way to the slaughter, including the author of this article!

 

Feb 13, 2013 9:27PM
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Amazon better hope they don't put some of these retailers under because if they do, they'll see their own sales drop too. People still like to see items up-close first and the majority of Amazon's high-ticket sales are from people were able to see items at a store first and then shopped around and purchased online. If all these other stores were gone, Amazon would be in trouble... 

And for the record, I would never buy anything like a TV or laptop from Amazon. Read horror story after horror story of someone buying expensive fragile items from Amazon, having them arrive broken and having to go through replacement after replacement. All that shipping, having someone wait at home for the delivery guy, and worry isn't for me. It just isn't worth it, no matter how good your customer service may be... I'll buy a Blu-ray from them, just not the TV to watch it on. 
Mar 18, 2013 6:23PM
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RadioShack lost its marketing direction a LONG time ago and is now chasing its tail.  It will do itself in from bad management.  Amazon will just help it along.   Aside from the "all the money goes to the top" attitude for years, the company just plain lost direction.  Now they're an overpriced cell phone store.

 

For years the employees were abused and paid POORLY.  That cost them tens of millions of dollars in Class Action Lawsuits from former managers.  Why didn't they just play decent in the first place?????????? 

 

Greed got in the way and blurred the direction.  Sadly the ones responsible have all walked away with their golden parachutes a long time ago, like the CEO that opened, failed and  closed $111 million in bad ventures and then was given the golden handshake when he "retired".  Why reward BAD management?????

 

I may shop at RS once or twice a year when I need an electronic piece of "hardware" today.  I have no desire to buy most items there because of high prices and dwindling supply of the back wall "stuff" that they were built from.  I sure wouldn't buy my next cellphone there.

 

Buhbye RS.  RIP

Mar 18, 2013 9:55AM
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Best Buy blew it for me when they ditched most of their DVDs in place of BluRays at their brick and mortar locations, thus ending the browsing pleasure. I used to buy when I found something I liked. Now there's nothing to browse. Sorry, but I'm not interested in a 30 yr old movie for 15 dollars when the DVD is 5. And I know the DVD versions still exist. So I find them on amazon (when I know what I want) or at Target (when I want to browse).
Mar 18, 2013 8:57AM
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If you need it today you go to the store but if you can wait to save money you go to Amazon and part of the Death Mill for the retailers is the price of gas, Amazon offers free shipping and no sales tax on most items and you don't have to wait in line. Unless you are looking for a date as one article stated why expose yourself to the great unwashed masses.
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