Circuit City bankruptcy has left not a small market space, Best Buy, Amazon in the competition this market, Wal-Mart has long been on the appliance department had been integrated with the expansion of the retail giant to face the separate ways . Nintendo, Apple, Sony, Blackberry and other high-end, more extensive nature of the product will gradually enter the Wal-Mart.
According to "the Wall Street Journal" reports, to draw customers, and the U.S. electronics retailer,
Best Buy (Best Buy Co. Inc., BBY) and Amazon (Amazon.com) slug, retail giant Wal-Mart (Wal-Mart StoresInc.) This week in its 3,500 retail stores on
Home Appliances Department to conduct a thorough transformation.
It is reported that more space, more interactive
Electronic Products, including well-known enterprises Nintendo (NintendoCo.) and Apple's products, will be Monday arrived Dawoerma shops one after another.
Wal-Mart home entertainment products, senior vice president Gary? Saiwa Sen (GarySeverson), said in an interview: "We want to be able to win over customers over Circuit City, Circuit City bankruptcy has given us a very good opportunity to attract tourists, and their development for our Wal-Mart customers. "
As the world's Sell The first performance of the retail giant, Wal-Mart before the Circuit City bankruptcy has been its home appliances sector to expand. In the past five years, household appliances sector fairs products has grown from a small unknown maker and turned a well-known brands, such as
Mobile Maker Research In Motion Ltd.'s BlackBerry smart phones.
Wal-Mart president said that in the near future, the U.S. PDA manufacturers PalmInc.'s Products will be introduced in, but it has been thought that the product is Best Buy's exclusive retail business.
Moreover, Wal-Mart's Hai Ba
Sony Come into the company's high-end TV, it also greatly expanded its Blu-ray Disc player line product range. The initiative is consistent with company strategy, that is much cheaper than their competitors to sell products with top-level visibility to gain competitive advantage.
The move will no doubt lead to more intense inter-industry
Price war . Acer netbooks a price of 328 at Wal-Mart dollars, Amazon's price of 329.99 US dollars. Best Buy offers the MSI 10-inch notebook is priced at 309.99 U.S. dollars, the price advantage to fully shown, Wal-Mart will be price of this product reduced from the original 308 U.S. dollars 298 U.S. dollars.
However, Best Buy can not be ignored. According to Stevenson on the market research firm expects the U.S. consumer electronics industry as a leader, it accounts for 22% market share. But Wal-Mart's strength is also a rapid rise
Germany and Italy Zhi Bank (DeutscheBank) Analysts expect the bankruptcy of Circuit City Wal-Mart can increase annual revenue of 11.1 billion U.S. dollars.
Due to the adverse effects of the current recession, Best Buy's customer numbers are gradually declining, the number of customers Wal-Mart is growing, not only that, the vast majority of Wal-Mart's customers are women, and people think that when they buy appliances, women often have the final decision.
People always think that Circuit City in bankruptcy liquidation, Best Buy is the biggest beneficiary. But Morgan Stanley analysts say that, according to the first quarter market share results show that Circuit City's TV source shared by the Wal-Mart and Amazon.
Best Buy spokesman declined comment. Best Buy said the company needs assessment error by the 1,2-year sales decline on television, this is the real reason leading to a reduction in income.
Vice president of Amazon's electronics Paul? Ryder (PaulRyder), said the company has increased the Seattle and Washington, the kind of products on the market, which will give customers a wider range of options, while its competitors are still do not have the strength. "
Years, Wal-Mart has been selling high-end products in order to work. IPodShuffle came up before, Apple's music players do not want to sell products on Wal-Mart, until the iPhone sold at Best Buy, the product was in Wal-Mart shelves. I am China Building Materials writer, reports some information about player vhs video , coaxial audio cable.
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