(Reuters) - Best Buy, which operates more than 800 stores in the United
States and Canada, made its initial foray into China in June
2006, taking a 75 percent stake in the country's third-largest
consumer electronics retailer, Jiangsu Five Star Appliance Co.,
a major player in the affluent eastern coast.
The U.S. company opened its first own-brand China outlet in
Shanghai's upscale Xujiahui district three months later,
selling its Magnolia home theatres, Gourmet Shop kitchen
products and Geek Squad computer support services along with
other brands.
Read more at Reuters.com Business News
States and Canada, made its initial foray into China in June
2006, taking a 75 percent stake in the country's third-largest
consumer electronics retailer, Jiangsu Five Star Appliance Co.,
a major player in the affluent eastern coast.
The U.S. company opened its first own-brand China outlet in
Shanghai's upscale Xujiahui district three months later,
selling its Magnolia home theatres, Gourmet Shop kitchen
products and Geek Squad computer support services along with
other brands.
Read more at Reuters.com Business News
No comments:
Post a Comment