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Only about 40 percent of Best Buy shoppers leave the store with a purchase in hand, but the retailer wants to bump this percentage up a bit this holiday season

Brick-and-mortar retailers have been battling with online stores for years, but Best Buy is looking to reclaim a place in shoppers' hearts (and wallets) this holiday season with online price matching and free home delivery.

Best Buy announced that it will match the prices of online competitors like Amazon in order to attract more customers. This is huge for Best Buy, considering it has lost a significant amount of business to Amazon alone. With e-tailers like Amazon, customers can shop from the comfort at home, receive lower prices and quick delivery.

But Best Buy isn't betting on price matching alone. It's heating up the competition with free home delivery of products that are out-of-stock as well.

Right now, only about 40 percent of Best Buy shoppers leave the store with a purchase in hand, but the retailer wants to bump this percentage up a bit this holiday season.

"We have a tremendous opportunity to increase that close rate," said Matthew Furman, Best Buy spokesman.

Best Buy isn't alone in its holiday efforts to beat Amazon. Wal-Mart is currently testing a same-day delivery service for customers that who buy popular items off of the Wal-Mart website during the holidays. Toys "R" Us is another brick-and-mortar that is working to speed up delivery and offer price matching -- however, its price matching will not include Amazon, only brick-and-mortar competitors.

An interesting aspect of the holiday season is that a growing number of shoppers have started using brick-and-mortars for showrooms -- or checking out products in person -- then going home to buy the products online.

While this is another hurdle that brick-and-mortars must overcome, strangely, they're embracing this model.

"Let's be the best showroom," said Mike Duke, Wal-Mart CEO. "Let's be the best place where customers want to go and get the experience."

According to the brick-and-mortar stores, they can still offer things that Amazon can't. For instance, human customer service and options for purchase like online and brick-and-mortar stores. They added that Amazon now must collect sales tax in many U.S. states, so prices are not quite as low on the site as before.

To further hinder Amazon's sales, Wal-Mart and Target have stopped selling the e-tailer's Kindle Fire tablet.

Source: The Wall Street Journal

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RE: We hardly knew ye
By btc909 on 10/14/2012 2:04:58 AM , Rating: 3
Asphalt the biggest scam in the US. 10 years, if you are lucky. Finally in So Cal the freeways are being switch concrete and whenever you have an area that has a rough area this affects the traffic speeds. Of course these areas tend to be bridges which are still cover asphalt.

I guess 68.9 cents taxed per gallon of gas isn't enough in Kalifornia.

I pulled my Daughter out of public school 3 years ago, 43 kids to a class, plenty of ESL students, the goal was to get the total number of kids down to 38. BYE.

RE: We hardly knew ye
By Stuka on 10/14/2012 4:16:01 PM , Rating: 2
You can't blame the asphalt for your crappy asphalt. California has to use the cheapest they can find. They have too many miles to cover, too many people using them and are hemorrhaging money elsewhere. As far as the accountants are concerned, the road is still 80% functional, even if it rides like a washboard.

My asphalt is fine in AZ. They paved over all of our concrete highways about a decade ago and they're still going strong.

In some areas they do use crap asphalt on purpose and it is an economic reason, but not the one you think. They usually do it because the area is growing so fast they'll need to tear up the street before the useful life of the surface has been reached. Around here, within 10 years a street can go from two lane rural, divided two lane, to four lane divided with sidewalks. Not to mention within that same time frame they are always cutting into it to lay electrical, cable, sewer, traffic lights and sensors.

So, yeah, asphalt is not your enemy.

"Intel is investing heavily (think gazillions of dollars and bazillions of engineering man hours) in resources to create an Intel host controllers spec in order to speed time to market of the USB 3.0 technology." -- Intel blogger Nick Knupffer
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