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Articles tagged with: Best Buy and Carphone Warehouse
Best Buy Europe Appoints Scott Wheway as new CEO
Best Buy Europe - the joint venture between the UK's Carphone Warehouse and US based Best Buy - has announced that Scott Wheway, age 42, has been named chief executive officer. Wheway will report to the shareholder board of Best Buy Europe. He assumes responsibility for all Best Buy Europe operations, including The Carphone Warehouse's 2,450 stores across nine European markets, its online and direct businesses, insurance operations and "big box" Best Buy stores that are planned in Europe and due to open in the U.K., beginning next year. more
Related Tags: best-buy-europe
New CEO set to take reins at Best Buy on Wed
Almost 25 years after he was hired as a sales clerk in a small regional electronics store, Brian Dunn is set to become the next CEO of Best Buy. more
Related Tags: brian-dunn, USA
Best Buy 1Q profit drops 15 percent
Best Buy reported Tuesday that its first-quarter profit fell 15 percent, even as its biggest competitor exited the market, as recession-weary shoppers cut back on items like appliances and digital cameras. more
Related Tags: USA
Best Buy Mobile Unveils New “Mobile Life†Store
US based electronics retailer, Best Buy is launching a new range of stand-alone stores in shopping malls. The stores will target mall shoppers that don't traditionally shop at Best Buy's big-box stores: women and younger shoppers; so-called "tweens" and teenagers. Currently, this audience shops multiple retailers for many of their products, while Best Buy aims to put its "mobile lifestyle" goods into one single retail outlet. more
Related Tags: USA
CPW Plans $154 Million European Best Buy Rollout
UK based Carphone Warehouse (CPW) has detailed an initial US$154 million plan to rollout a chain of Best Buy branded stores throughout Europe - as part of its joint venture with the US firm of the same name. The company also extended its Best Buy Mobile format into Canada with both standalone store and store-within-a-store formats. more
UPDATE: Best Buy to Sell Apple's 3G iPhone
SAN FRANCISCO (Dow Jones) -- Best Buy Co. said Wednesday that it will begin selling the 3G iPhone from Apple next month -- making it the first retailer to carry the popular wireless device. more
Related Tags: cisco, apple, USA
Carphone Warehouse to Sell Half its Retail Arm to Best Buy
The UK based mobile phone retailer, Carphone Warehouse (CPW) has announced plans to sell half of its retail assets to US based Best Buy - so that the company can focus on its fixed broadband and telecoms services. Some sort of decision involving Best Buy has been expected for a couple of months, and recent bounces in the CPW share price has fueled the speculation. more
Related Tags: virgin-mobile, landline, virgin-mobile-france, UK
Carphone Warehouse Shares Jump on Vodafone Takeover Rumours
Shares in UK headquartered mobile phone retailer, Carphone Warehouse jumped sharply on the London stock exchange after rumours of a takeover bid emerged. Top tip seemed to be that Vodafone was looking at the company again, particularly for its non-UK retail assets. more
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Carphone Warehouse 1st Half Revenue +18%, Expands in USA
LONDON -(Dow Jones)- Europe's largest mobile phone retailer Carphone Warehouse Group, Thursday reported a 18% increase in first half revenues and announced a major expansion into the U.S., saying it will open 1,000 stores by 2009. more
Related Tags: telefonica, chief-financial-officer, UK
Best Buy to Expand Mobile Phone Retail Outlets
The US retail chain, Best Buy says that it plans to expand its Best Buy Mobile store concept to more than 190 locations in eight markets over the next nine months. The roll-out follows a successful pilot of the experience at 13 stand-alone and store-within-a-store locations in New York City. Beginning in July, Best Buy Mobile will be available to customers in new markets in 12 states throughout the Northeast, Mid-Atlantic and Midwest and the District of Columbia. more
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