Carphone Warehouse delighted the City today by regaining full control of its High Street business from US giant Best Buy, paying less than half of what it received for the stake in 2008.
Best Buy Co. Inc.
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Wednesday 18 May 2011
Habitat, the furniture chain, has hired the former marketing director of electricals retailer Best Buy as its new chief executive.
Saturday 16 April 2011
Best Buy Europe, the joint venture between Carphone Warehouse and US electricals giant Best Buy, is to sell its 83-store Belgian chain for €22m (£19.38m) to Belgacom, the country's largest telecommunications firm.
Tuesday 12 April 2011
Britain has held on to its position as the world's most popular retail market for the fourth year, despite a slowdown in consumer spending, says the property firm CB Richard Ellis. Some 58 per cent of international retail brands have opened here, with UAE the second most popular. International retailers entering the UK in recent years have included Abercrombie & Fitch and Best Buy.
Wednesday 23 February 2011
Best Buy is to close its stores in China and Turkey and focus on smaller stores in the US as part of an attempt to generate savings of up to $70m at the US electronics giant.
Tuesday 08 February 2011
Tuesday 08 February 2011
Best Buy UK, the joint venture between the US electricals giant and Carphone Warehouse, has lost another two directors just days after its chief executive Scott Wheway stepped down.
Wednesday 02 February 2011
Wednesday 19 January 2011
Saturday 06 November 2010
Carphone Warehouse has pledged more cash to promote its Best Buy electronics megastores as it looks to establish the fledgling brand in the UK.
Tuesday 02 November 2010
The US electricals giant Best Buy will launch an online shop in the UK within the next fortnight to take the fight to its rivals Currys, Comet and Argos on to the web.
Wednesday 13 October 2010
Sony is making its biggest push yet into so-called connected televisions, unveiling a line of Google-enhanced sets that aim to fuse TV and Web content together in the living room.
Friday 03 September 2010
The chief executive of DSGi, owner of the Currys and PC World retail chains, has seen "no impact" from the launch of Best Buy in the UK.
Monday 09 August 2010
Charles Dunstone, the founder of Carphone Warehouse, has emerged as part of a surprise new venture: an attempt to resurrect the iconic Jensen Interceptor.
Saturday 24 July 2010
Q. My Halifax Reward current account is supposed to be credited with £5 a month in return for me making a payment into my account every month. But I did not get my reward in May. Halifax said that because of the May Day Bank Holiday my payments had gone in one day earlier than usual, on 30 April – so I was not entitled to the reward and was penalised because the bank chose to make the transfer early. I think other Halifax customers should know about this. MC, by email.
Thursday 24 June 2010
Kesa Electricals said it had returned to profit despite sales at its flagship British chain, Comet, still coming under pressure.
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