The US electricals giant Best Buy will launch an online shop in the UK within the next fortnight to take the fight to its rivals Currys, Comet and Argos on to the web. Best Buy, which opened its first UK store in May and now has five, will deliver across the UK, but not in the Channel Island or the Isle of Man. The electricals retailer will offer thousands of products online, including all those available in its stores, as well as additional lines.
The online move by Best Buy – which first revealed its intention to enter the UK market with the £1.1bn acquisition of 50 per centof Carphone Warehouse in May 2008 – will shake up the lucrative online consumer electronics market which is populated by the high street stalwarts, as well as the online specialists, such as Amazon, Dixons and Play.com.
For the complete article, please click here.
No comments:
Post a Comment