I went to the Best Buy near me this evening to browse and maybe buy something. There has been a large empty lot next to their building since it had been built. About two months ago construction equipment arrived and started to prep the lot for another building. I had been speculating ever since about what store may be housed in the new building. I had hoped it would be a Barnes & Nobles since the one up the street seems too small to me and does not have enough parking spaces. But when I saw the lot tonight, the foundation had already been poured and ready to take the walls, there was a sign announcing that Circuit City would be coming soon.
Ugh, I can't stand that store. There's already one a block away and I avoid it like the plague. I guess the strategy here is that consumers will go into Best Buy and check the price of an item and then go into Circuit City to comparison shop. I know Best Buy will match competitor prices but I'm not sure about Circuit City although I'm betting they do. But I guess this is their next plan to try to increase earnings per share and to try to come out ahead of Best Buy. Well time will tell. Perhaps once Circuit City closes this new store later, Barnes and Noble or maybe a Borders will move in. That would be a happy day indeed.
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I don't mind Circuit City... I think they've actually gotten better b/c I used to avoid them too. However, a Circuit City next to a Best Buy? That's a little ridiculous.
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