My spin: Gateway’s retail stores – should they close? Nah. I tend to agree with Founder, Chairman and CEO Ted Waitt that the stores will help drive non-PC sales (better margins and more profits). In addition, have a retail presence is good visibility for the brand, which the past three people who came to me and asked for my opinion on buying a PC, never mentioned. They all wanted a Dell.
News Clip: SAN FRANCISCO (Reuters) – Gateway Inc. has been burdened by a costly retail network, a loss-making personal computer business and critics who want to see it close the stores and focus like a laser on getting its flagship PC business back in shape. (full story)
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