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.
Like this page on Facebook for updates
Saturday 28 November 2009
RBS gets another gift from ABN Amro
Royal Bank of Scotland has one more reason to regret its disastrous takeover of ABN Amro, a deal that lead to the departure of the boss, Sir Fred Goodwin. Guess where most of RBS's exposure to Dubai comes from? You got it: its Dutch subsidiary has always been a big player in the Middle East.
Thursday 19 November 2009
Aviva chief Andrew Moss was waxing lyrical on the proposal to create a Consumer Financial Education body in the Queen's Speech. He wants the credit for recommending it as chairman of the insurance industry working group and calls it a win-win. "Consumers benefit by taking greater responsibility to save for their retirement. Society gains as improved financial literacy helps close the long-term savings gap." Now for the but: "The insurance industry already contributes significantly to a range of financial education initiatives." So a win-win that will generate us lots of business but which we don't want to pay for.
Monday 09 November 2009
Forget the buzz over the next "Twilight" film or James Cameron's "Avatar." The biggest entertainment hit of the holiday season may come on Tuesday, when "Call of Duty: Modern Warfare 2" hits stores.
Thursday 29 October 2009
The world's largest electricals retailer, Best Buy, is to create 8,000 jobs in the UK over the next five years and is gearing up to open its first stores this coming spring, taking on Currys and Comet.
Wednesday 16 September 2009
American consumers hit the shops in higher-than-expected numbers last month, raising optimism among retailers planning for the holiday season. Economists already knew the US government's $3bn (£1.8bn) vehicle scrappage scheme had boosted car sales last month, but retail sales were strong across the board.
Saturday 15 August 2009
A quick glance at the ingredients of some supermarket ice-creams can make them sound less than appetising – extracts of Irish moss seaweed (carageenan), ground-up locust beans and corn syrup are just three of the ingredients added to commercial products to improve their taste and shelf life. There is an alternative way to indulge though, by investing in your own ice-cream maker.
Friday 10 July 2009
Microsoft is already offering discounts on US pre-orders of its next-gen Windows version.
Saturday 06 June 2009
There's a daunting number of tyres on the market. Before you start looking, you'll need some basic information about the right type for your car. You can only fit the size and specification of tyre recommended by the manufacturer for the wheels on the model you drive.
Saturday 02 May 2009
Thursday 23 April 2009
Wednesday 04 March 2009
The opening of the first Best Buy stores in the UK has been delayed until the first quarter of next year.
Saturday 28 February 2009
Thursday 26 February 2009
Carphone Warehouse said today that 450 head office and support centre jobs are "at risk" of redundancy.
Wednesday 17 December 2008
Best Buy's third-quarter profits have taken a $100m hit to reflect the tumbling value of its near-3 per cent stake in Carphone Warehouse, as the retail giant revealed that it is to slash jobs and capital expenditure amid the "most challenging environment" it has ever faced in the United States.
- 1 Bankers could face jail after report urges the Government to introduce new criminal offence for reckless management
- 2 Breaking the Silence: In the reality of occupation, there are no Palestinian civilians – only potential terrorists
- 3 Richard Nieuwenhuizen death: Six teenagers and 50-year-old father convicted of manslaughter in shocking case of referee killed over a game of football
- 4 Exclusive: Newcastle's star talent-spotter on brink as Joe Kinnear sparks walkout
- 5 Vast methane 'plumes' seen in Arctic ocean as sea ice retreats