Michael Dolan Dot Com

Tuesday, May 12th, 2009

Why Circuit City failed; a comparison to B&H

This article over at inc.com nails it. If you’ve ever been to B&H in NYC, it’s perfectly clear.

http://www.inc.com/magazine/20090501/why-circuit-city-failed-and-why-bh-thrives_Printer_Friendly.html

I don’t buy the argument that the economy caused Circuit City’s failure. Take one look at its competitors, and you know that the market for consumer electronics and computer equipment remains strong, even in this economy. You can walk into any Apple Store and see large crowds of people lining up to buy computers and iPods. But enough has been said about how wonderful Apple is. I want to tell you about another first-class consumer electronics retailer — a much smaller business you probably haven’t been to, unless you live in New York City or are a professional photographer or an avid hobbyist. It’s called B&H.