Wednesday, January 03, 2007
Retail Time
Time to guess which retailer will beat the street for Christmas. Since more and more people are shopping online these days and/or giving gift cards.
My picks are
AMZN, DELL and BBY.
AMZN was just cut by a major analyst today and is looking pretty good.
DELL was the #2 online retailer in $ right behind AMZN.
BBY is now under $50/share and it was very busy, Black Friday, Christmas Eve and two days after Christmas.
There were two reasons I used to avoid BBY at holiday time, parking and cashier lines. Their new line system has eliminated the cashier line problem. Unfortunately, eliminating the cashier problem only adds to the parking problem. Their customer service was also very helpful. They may not have the best prices in the world, but people are willing to not shop for the best price if you make the shopping experience pleasant. Best Buy has been accomplishing this recently.
My picks are
AMZN, DELL and BBY.
AMZN was just cut by a major analyst today and is looking pretty good.
DELL was the #2 online retailer in $ right behind AMZN.
BBY is now under $50/share and it was very busy, Black Friday, Christmas Eve and two days after Christmas.
There were two reasons I used to avoid BBY at holiday time, parking and cashier lines. Their new line system has eliminated the cashier line problem. Unfortunately, eliminating the cashier problem only adds to the parking problem. Their customer service was also very helpful. They may not have the best prices in the world, but people are willing to not shop for the best price if you make the shopping experience pleasant. Best Buy has been accomplishing this recently.
