"NYSE: BBY - Investors Relations - Are any of the Wall Street Financial Analyst recommending this stock reading the thousands of the recent Best Buy negative reviews here and other credible rating sites?
We had been long term Best Buy fans, and we buy appliances /electronics for several properties nationwide, the last three weeks' experience with the simple delivery/installation of a washing machine to a Florida location tells me one of their key value added for many of us customers - their installation services and their customer support are in disarray and maybe unable to keep up with the rise in demand - but that is not an excuse for Best Buy's senior executives to turn their head and let he long term value of the brand be eliminated for their shareholders while the stock price continues to rise in the short term.
I shared our experience with their EVP / Chief Customer Service executive (Alison) with the hope they can use our "late night talk-show worthy nightmare of an experience to identify where the problem areas lie and fix these asap. While someone from her office followed up soon after that, it is now over 3 weeks we purchased online what we thought was a simple buy, deliver and install.
In brief:
1. Installation folks, after having notes on the problem with the first installation in the order write-up, had 2 failed installation attempts and when asked if they read the notes prior to getting here were told: "Oh no, we read the notes on site". We are still waiting for the 3 calls promised by their customer support team ust on these.
2. After the 2nd failed installation, one of the installers suggest we scrap the washer we bought and buy one that comes together with washer and drier at 2x the price of our initial purchase, but in the interest of time - which we now had run out of - we went ahead and canceled original order and purchase the LG laundry tower that came together with all their suggested hoses, installation parts.
3. Last night's 3rd Failed Instalaltion - After getting to the home at 6pm (window we had to be there for was 12 - 6pm, and then changed to 2-6pm), the installer now tell us that they cannot install because we need longer hoses, and leave the unit, and mark "installation complete" in their report to headquarters - even after I talked to one of their customer supervisors, Phil, who assured me that he would get this situation resolved and would get his supervisor involved. Promised another call that has never come, and
We have a Best Buy product that we were told to buy at 2x the original product we bought, and now sits without an installation that we paid for, and zero calls from local customer support or headquarters customer support folks.
And after just reading the many other reviews here and the other sites, how can Wall Street Analysts have a strong buy on NYSE: BBY if the customers on the ground are telling them the real story here?
"Live Chat Support" is "Keep Passing the Buck Chat Support" -Attached you will also find copies of a Live Chat Support Group that seems to be dealing with the increased number of complaints on installations by forwarding customers to the next agent and then to the next agent and then to the next agent - Below are 5 screenshots of some of the over 5 times we encountered this.
NOTE: Please be aware of some of the very positive reviews that seem to reappear / repeated at several of the stores by "local guides" read more