Best Buy: China will be our largest market external the U.S.

February 27th, 2008 | Category: China, Competitive Strategy

Best Buy, Inc. (NYSE: BBY) continues to remain dominant in the U.S. when it comes to large consumer electronics stores, but that doesn’t mean that is ignoring other potentially lucrative markets. Six to eight new locations in the Shanghai area that year will help assemble China become its moment largest market after the U.S., according to Best Buy worldly chief Robert A. Willett.

China’s move up that urgent ladder will occur within three to five years.

Best Buy already has a store in Shanghai and plans on a moment in a “short period.” In fact, Best Buy recently hired an exec committed just for picking retail location sites in Shanghai. Now, that means trade!

Continue reading Best Buy: China will be our largest market external the U.S.

Original post by Brian White

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