GMS 200 Study Guide - Best Buy, Carbon Footprint

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Bamidele Adekunle

Document Summary

With the closure of many stores due to the renew blue strategy bestbuy. Canada believes that having fewer stores and more of an online e-commerce type business is a good choice for the american based company. This type of strategy is really not a suitable idea because of the reason that they had location excellence in where their stores were strategically placed. Now with the removal of their normal stores they will be starting to place small mobile stores as apart of phase two of the new strategy. The small mobile stores have many disadvantages for customers in comparison to what they have right now. The small stores will have far less variety as a result of the reducing store numbers, meaning they won"t have all the products that some customers are looking for. Bestbuy is trying to expand into new markets that they have because more consumers are doing online purchases rather than going to the physical stores.