No buyer of the business was found, so they are going to liquidate all the remaining stores and sell off all the asssets. They started here in Richmond 60 years ago as Ward's TV & appliance. Back then, they were known for their bait & switch tactics, but during the eighties, they straightened up their act and was quite a nice place to buy stuff from. Then they started making bone-headed moves, like removing major appliances from their stores, and then firing all the experienced sales rep's.
Only problem now is best-buy does not have any direct competition, so although they may pick up business, their customer service and satisfaction is probably going to go down the toilet.
Although I hate to see any business fail, especially a local one, I sort of say "good riddance" to them, because in the past few years, every time I've gone into one of those stores, the employees don't know anything about their products, and don't help customers, so I leave the store empty-handed.
Only problem now is best-buy does not have any direct competition, so although they may pick up business, their customer service and satisfaction is probably going to go down the toilet.
Although I hate to see any business fail, especially a local one, I sort of say "good riddance" to them, because in the past few years, every time I've gone into one of those stores, the employees don't know anything about their products, and don't help customers, so I leave the store empty-handed.