Online shopping gaining preference as compared to walk-in-stores.

Five Best Buy stores in B.C and Sears Canada announced layoffs Thursday. The layoffs come as Best Buy faces pressure from online electronics retailers such as Amazon and Apple and as it follows in the step of its U.S. parent, with plans to open multiple smaller stores that are less expensive to operate, like the new North Vancouver Future Shop. Apparently, only a 1000 items or so will be showcased in these stores. Everything else will be only available online. 

I guess they are trying to show a "preview" version of their full- store to save money and resources!

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Dinesh Kapoor

Dinesh Kapoor

CENTURY 21 Coastal Realty Ltd.
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