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Under the radar: Target (TGT -0.2%) says all its stores in the Denver area will feature Geek...

Under the radar: Target (TGT -0.2%) says all its stores in the Denver area will feature Geek Squad tech experts and services. Analyst Burt Flickinger calls it a very smart and strategic initiative for both retailers, with TGT potentially selling more high-end consumer electronics and Best Buy (BBY -0.3%) improving its reputation for technical services.
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Comments (1)
  • J Mintzmyer
    , contributor
    Comments (3675) | Send Message
     
    I'm not sure what to think of this for BBY. It's an obvious win for Target though. I'm going to dig through the last 10K and see if I can dissect just how good the margins/profits are on the GS-line of BBY. If anything this could hurt BBY as a destination, but if the GS is very profitable, then it makes sense overall for the corporation...
    10 Aug 2012, 04:19 PM Reply Like
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