Brick-and-mortar retail stores are becoming cheaper than Amazon.
At least one store, that is. Prices at Bed Bath & Beyond were on average 6.5% less than at Amazon for a basket of 30 items chosen by analysts at BB&T for one of their periodic pricing studies comparing the retailers. “We are becoming increasingly concerned Bed Bath & Beyond is sacrificing gross margin in order to drive top-line growth,” BB&T said — that is, increasingly concerned that Bed Bath & Beyond is starting to behave more like Amazon.
One big factor helping Bed Bath & Beyond are the 20% off coupons it regularly sends to its customers. Once you adjust for those, the price gap widens out to 25%.
Read the full story at Yahoo.com.
