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Re: ApplianceSmart closing its 5 Minnesota stores 

By: micro in POPE 5 | Recommend this post (1)
Wed, 14 Aug 19 2:26 PM | 22 view(s)
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Msg. 37798 of 62138
(This msg. is a reply to 37792 by capt_nemo)

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Hard to compete with the BIG box store appliance dealers. Home Depot and Lowes are gaining more and more market share as well as some geographical large appliance store chains and some etailers.

This is a tight margin arena and the small mom and pop stores are not going to be able to compete with the mega stores.




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The above is a reply to the following message:
ApplianceSmart closing its 5 Minnesota stores
By: capt_nemo
in POPE 5
Wed, 14 Aug 19 7:08 AM
Msg. 37792 of 62138

http://www.bizjournals.com/twincities/news/2019/08/12/appliancesmart-laying-off-44-in-minnesota-stores.html


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