Best Buy Figures Out Key To Retail Success: Competitive Prices, Good Service, Apple Watches

Best Buy Figures Out Key To Retail Success: Competitive Prices, Good Service, Apple Watches

We don’t cheer on the demise of companies here at Consumerist: when a company appears on this site repeatedly, it’s because we want them to be better. Best Buy used to be a frequent subject of posts here, but now they aren’t. Americans haven’t all abandoned the retailer: it’s actually doing well, with its mini-store concept paying off. What’s coming up soon for the company? More Apple mini-stores. [More]

(Prayitno)

Abercrombie Sells Corporate Jet, Shelves Phil Collins CD For Good

For me, one of the most memorable things that the public learned from an age-discrimination lawsuit against a former pilot for Abercrombie & Fitch’s corporate jet was not that the attendants were male models required to wear flip-flops, boxer briefs, and A&F cologne. It was that CEO Michael Jeffries required that the jet play the song “Take Me Home” by Phil Collins whenever it was headed back to Ohio. Now the jet is for sale and the CD has been shelved for good. [More]

http://consumerist.com/2008/07/30/you-starbucks-haters-out-there/

You Starbucks haters out there can rejoice, because the company just posted its first quarterly loss EVAR “of $6.7 million, or 1 cent per share, compared with a year-earlier net profit of $158.3 million, or 21 cents per share.” Store closures and restructuring are to blame, as well as the fact that nobody can afford anything anymore. [Reuters]