I finally found a stock even I won't buy

submitted by Musky from i.imgur.com

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[–]send_nasty_stuff 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

I always liked their stores. A mixture of cheap staple items combined with BIFL type wares. I'm wondering if part of their current predicament is that people just don't buy housewares when the economy is tanking. Additionally, BBBY is a company that benefits from wedding registries and nobody wants to get married anymore!

Obviously online sales continue to kill all types of brick and mortar establishments.

[–]Musky[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

I love kitchen stuff and nice sheets, I did not shop at BBBY and neither did anyone else I knew anymore. Like say I wanted a knife, I see they are selling a 8" Zwilling chef knife for $160 that's $130 on Amazon, and a Henckels for $80 that's $54 on Amazon. Not that either of those are terrible knives, but they're being bumped up to a price point they don't compete at. And although not terrible, neither brand would be my choice even at the lower price.

Their prices were too high for their quality. Maybe with their coupons you could whittle that back down into more reasonable prices, but you could just not and buy elsewhere.