Best Buy plans to open its very first retail location in the United Kingdom this summer. It's the latest expansion for the #1 consumer electronics retailer in the world.
The Minnesota-based company employs 155,000 people and has locations in the US, Canada, China, Mexico, and, of all places, Turkey. There are over 1,150 stores under its purview, including some locations labeled under "Futureshop," which is what Best Buy stores are called in some non-US areas.
In May, that operation will finally expand to England, with a flagship store opening up to the east of London. It will be a massive 50,000-square-foot behemoth brick-and-mortar location.
Additional stores will follow in the suburban areas of Southampton, Mary Hill, Croydon, and Liverpool.
This move is due to Best Buy's acquisition of London-based Carphone Warehouse, which has a large brick-and-mortar presence in the country. Who knows where the giant yellow price tag will show up next?
Centurion Corporation said it has agreed to acquire a piece of land located at Seberang Perai Selatan in Penang, Malaysia, for RM6.3 million ($2.45 million). This marks the group’s first acquisition in another state of Malaysia outside of Johor.
Read more. ... Source: The Edge Singapore
Full article at: The Edge Singapore
Aug 12 2014, 9:21am CDT
Mark Raby Based in New York City, Mark follows the consumer electronics industry like a hawk. A published book author, he has a particular affinity for 3D technology and video games, and as such will surely be in the market for a new pair of glasses soon. Mark can be contacted directly at email@example.com.
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