Quote from hajimow:
Here is my input:
I don't think that Staples will be out of business anytime soon but I really don't understand them. I don't understand Best Buy either. I wish I were CEO of Best Buy. I am sure that I could turn around the business in 6 months. The problem is that the CEOs are so disjoint from the company that they manage that you cannot believe it.
Please answer me: Why Staples should sell salty sticks? Are they in the food business? What is next? Chips? Their laptop price is fine but not that competitive.
I just saw Best Buy is selling a few dumbbells!!. They are just wasting their space and their selection is not complete either. They also sell chewing gum !!. If I were Best Buy CEO, I would focus on my key business. I would promote 3 items in a month with ridiculously low price. I would force buyers to buy that item because th price and quality is the best. Check out their coffee maker's price. It is ridiculously high. who buys a coffee maker fro them? To be fair, their laptop price is much fair now.
You cannot put a price on these companies because one day a rich billionaire would buy a big stake and if you are short, you will be toast and vice versa.