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Confronts Essay Topics & Paper Examples

Best Buy Confronts Newer Nemesis

Best Buy, with is headquarters in Richfield Minnesota, was established in 1966. Previously it was called Sound of Music Inc. its name changed in 1983. It remains the largest electronics retailer in North America with in excess of 3,900 outlets in North America, China, Mexico, and Europe. Best Buy as well offers installation plus repairs services, internet service and cell phone subscriptions and technical assistance. Wal-Mart’s strengths include: strong retail trade name; reputation of offering value for money, a broad selection of commodities under a single roof, and convenience; its substantial global growth over time; and its core expertise involving Wal-Mart’s utilization of IT to augment its global logistics structure. Wal-Mart’s weaknesses include the fact that it sells commodities across…