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Best Buy to Watch Wal-Mart's HDTV Prices While Sprucing Stores Up

by Darren Murph on March 17, 2009 at 10:01 AM

If you thought the death of Circuit City would lead to even higher prices at Best Buy, you're obviously not considering the Bentonville powerhouse in your calculations. Since the downfall of one of America's most well-known electronics retailers, Best Buy has now refocused on rivaling Wal-Mart, who has done quite a lot over the past year or so to become a serious venue for buying new HDTVs. Granted, most of Wal-Mart's offerings boast labels like VIZIO and Emerson, but that's beginning to change. In a new piece from the Wall Street Journal, incoming CEO Brian Dunn asserts that he's planning to "match" Wally World's famously low prices while making Best Buy stores more of an "experience." How exactly it plans to lower TV margins while sprucing up retail space is beyond us, but maybe it's looking to those $150 Monster-branded HDMI cables to pick up the slack.

Tags: best buy, BestBuy, business, growth, industry, retail, shopping, store, wal-mart

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