Analyst Opinion on Best Buy Co. Inc. and GameStop Corp. -
Analyst Opinion on Best Buy Co. Inc. and GameStop Corp. - Electronics Stores Challenged Ahead of Holidays
LONDON -- (Marketwire) -- 11/05/12 -- Electronics stores have the nearing holiday season to look forward to but a host of problems are cluttering the way. Major electronics retailers like Best Buy Co. and GameStop Corp. must contend with the difficulties presented by rapid technology turnover and mounting competitive threats in order to capitalize on a typically strong sales season.
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Rapid technology turnover is creating inventory issues for several electronics stores. This has been especially problematic in recent weeks as major retailers start rolling out new lines at varying intervals ahead of the holiday season. Essentially, as new products come in and older ones are phased out, there is often an unfavorable product mix which can pressure margins and diminish efficiency. Analyst opinion on Best Buy Co. Inc. accessible for free at
Strong competition and pricing difficulties will also pressure margins at electronics stores for the foreseeable future. Increasingly cost-conscious consumers and burgeoning demand for mobile devices is compounding the already difficult task of pricing competitively and profitably. See what our analysts have to say on GameStop Corp. Follow the Link below
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