Best Buy Business Strategy Essay

Business Summary of Best Buy Co. Inc. Essay

2241 Words9 Pages

Summary
Best Buy Co., Inc. is a multinational company in the United States and it deals, with consumer electronics, and accounts 19% of the business. The company also operates in Mexico, Puerto Rico, China, and Canada. Some of the subsidiaries of the company include CinemaNow, Geek Squad, Pacific Sales, and Magnolia Audio Video and operates in both Future Shop label, and Best Buy in Canada. Best Buy Co. Inc and its subsidiaries operate more than 1,150 stores internationally and domestically. The company also operates more than 100 “ZoomShops” or Buy Express Automated retail Stores, operated by the Zoom Systems, in both malls and airports in the entire country of the U.S. The company is headquartered in Richfield, Minnesota, U.S (Scott,…show more content…

Summary
Best Buy Co., Inc. is a multinational company in the United States and it deals, with consumer electronics, and accounts 19% of the business. The company also operates in Mexico, Puerto Rico, China, and Canada. Some of the subsidiaries of the company include CinemaNow, Geek Squad, Pacific Sales, and Magnolia Audio Video and operates in both Future Shop label, and Best Buy in Canada. Best Buy Co. Inc and its subsidiaries operate more than 1,150 stores internationally and domestically. The company also operates more than 100 “ZoomShops” or Buy Express Automated retail Stores, operated by the Zoom Systems, in both malls and airports in the entire country of the U.S. The company is headquartered in Richfield, Minnesota, U.S (Scott, 2012).
In 2009, Best buy was one of the largest electronic stores in the eastern U.S.; however, Fry’s electronics remains to be the leading competitor in the western US, while Hhgregg Inc is the key competitor in the eastern US. In December 2008, the company had 1,010 Best Buy stores, 7 stand-alone Geek Squad stores, 13 Magnolia Audio Video Stores, 13 best Buy Mobile Stores, 3 Audio Visions Stores and 17 Pacific Sales Stores in all US retail subsidiaries. The company also opened its first international global procurement office in 2003, in China, so as to have higher speeds and lower costs to market by buying products directly from the manufacturers.
The currency exchange for the past 24 months, what has occurred and the economic variables

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Он искал глазами Сьюзан Флетчер, но она уже стояла прямо перед экраном, на котором крупным планом было видно лицо Дэвида Беккера. - Дэвид. - Привет, красавица.  - Он улыбнулся.

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