Despite the retail industry's troubled times, Microsoft has decided to try it's hand at the game. The company plans to open retail stores where it will sell it's products and offer assistance to customers. The store will be much like the Apple retail locations. Microsoft has hired David Porter, a 25-year veteran of Wal-Mart, as the corporate vice president for retail stores. It seems pretty brave of Microsoft to go into this industry at such a time. Circuit City has recently filed for Chapter 11 Bankruptcy and closed over 500 locations. Best Buy also had lower than expected performance over the holiday season. Electronics are not a high priority on most people's lists because of job loss and the failing economy. It is hard to day whether or not this venture will prove successful. I guess time will tell.
http://www.nytimes.com/2009/02/14/technology/companies/14soft.html?_r=1&ref=business
Friday, February 13, 2009
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