SoundFoodSoundFoodSoundFood
  • News
  • A/V Media
  • A/V Interiors
  • How Stuff Works
  • iPod & Portable Players
    • Headphones
    • iPod
    • Mp3 & Mp4 Players
  • Equipmet Reviews
    • AC Power
    • Accessories
    • Blu-ray & HD DVD Players
    • HDTVs (Plasma, LCD, Rear Projection…)
    • Home Theater in a Box
    • Music Servers / MP3 Players
    • Power Amps (Multi-Channel, Stereo, Integrated)
    • Preamps (AV, Stereo…)
    • Receivers
    • Remotes and System Control
    • Speakers
    • Subwoofers
    • Video (Projectors, Processors…)
Reading: Massive US consumer electronics retailer is heading for the UK
Share
SoundFoodSoundFood
  • News
  • A/V Media
  • A/V Interiors
  • How Stuff Works
  • iPod & Portable Players
    • Headphones
    • iPod
    • Mp3 & Mp4 Players
  • Equipmet Reviews
    • AC Power
    • Accessories
    • Blu-ray & HD DVD Players
    • HDTVs (Plasma, LCD, Rear Projection…)
    • Home Theater in a Box
    • Music Servers / MP3 Players
    • Power Amps (Multi-Channel, Stereo, Integrated)
    • Preamps (AV, Stereo…)
    • Receivers
    • Remotes and System Control
    • Speakers
    • Subwoofers
    • Video (Projectors, Processors…)
Follow US
  • About
  • Privacy Policy
  • Sitemap
  • Contact Us
Copyright © 2007 - 2024 SoundFood. A Symphony of Audio-Visual Tech Updates!
SoundFood > News > Massive US consumer electronics retailer is heading for the UK
News

Massive US consumer electronics retailer is heading for the UK

Allan Ford May 12, 2008

best-buy.jpgBest Buy, one of the world’s largest consumer electrical and electronics retailers, is heading for the UK next year.It’s just announced plans to buy a £1.1bn 50% stake in British-based retailer The Carphone Warehouse, and roll out Best Buy stores to Europe starting in 2009.

The US retailer, which is also one of four bidders chasing a 49% stake in Marantz/Denon parent company D&M Holdings, already has over 1300 stores in the USA, Canada and China, with a total of 150,000 employees and some 4.32m square metres of selling space.

The new company will expand The Carphone Warehouse’s business in Europe, and also aims to “build a significant market share in consumer electronics retailing in Europe, through the roll-out of Best Buy stores, services and websites in selected markets, beginning in calendar [year] 2009.”

The two companies “expect wireless information provision, mobility and broadband to create significant new consumer and business opportunities.”, adding that they “believe that no other European retailer offers the type of shopping experience the new venture intends to provide for consumers”.

For an idea of what might be on the way, take a look at the Best Buy USA website here.

You Might Also Like

Tribit XSound Plus 2: The Ultimate Affordable Outdoor Bluetooth Speaker with 24-Hour Battery Life

Best Music Streaming Services of 2024

Navigating the 8K Dilemma: Is Investing in an 8K TV Justified Without Native 8K Content?

Cambridge Audio’s M100 Wireless Earbuds for Effortless Listening: Immerse Yourself in Seamless Sound

Discover Excellence: Bowers & Wilkins Unveils 700 S3 Signature Series Speakers

TAGGED:D&M HoldingsThe Carphone Warehouse
Share This Article
Facebook Twitter Copy Link Print
Previous Article Paradigm PDR-8 & PDR-10 4th Generation Subwoofers
Next Article Arcam goes all-FMJ for new hi-fi separates range
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

NAD C162/C272
NAD C162/C272 System Combination
Equipmet Reviews March 28, 2024
Yamaha DVX-1000 2.1-Channel Home Cinema Review
Home Theater in a Box November 20, 2008
Aiptek Pocket Cinema Projector V10 Review
Video (Projectors, Processors...) October 22, 2008
Optoma Pico Pocket Projector
Optoma Pico Pocket Projector Video Reviews
Video (Projectors, Processors...) October 22, 2008
Copyright © 2007 - 2024 SoundFood. A Symphony of Audio-Visual Tech Updates!
  • About
  • Privacy Policy
  • Sitemap
  • Contact Us
Welcome Back!

Sign in to your account

Lost your password?