Issue 2011 February 08th

This issue was created on 2011-02-08 10:01:00

  • Best Buy latest US retailer to struggle across AtlanticFebruary 8, 2011
Nearly three years after forming a joint venture with Carphone Warehouse to bring US-style big box electrical retailing to Europe, Best Buy has been hit by losses and a senior management exodus. And despite denials there are rumours that the US juggernaut may rethink its big box strategy and open smaller stores as it struggles to create a strong brand presence in the UK before targeting further European markets.
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