Quote:
Originally Posted by yads
Keep in mind Amazon lost $39 million last year.
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I'm not too concerned about Amazon, with their sales still skyrocketing I'm sure they will very rapidly turn a momentary loss into profit again.
Futureshop and BestBuy can only blame themselves for their current problems. They didn't compete on pricing or selection. They didn't adapt to changing consumer habits.
I buy tons of stuff at Amazon now. So much in fact, I'm considering signing up for Amazon Prime now that it is offered in Canada.