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Best Buy Buy Shop: In Shanghai Will Also Lease Two Stores




"First Financial Daily" April 27, 2006 was informed on April 15, the world's largest

Appliance Retail

Best Buy Buy Shop: In Shanghai Will Also Lease Two Stores

Business

Best Buy

(BestBuy) just with the country building the property owners signed an agreement to buy the latter from 3 to 6 layers of about 8000 square meters shop. According to industry estimates is estimated that Best Buy to offer at least 400 million yuan. Shanghai Xujiahui district of country in the building will be the Best Buy in Shanghai

Flagship store

.

In addition, Best Buy entered China's pace is still accelerating, "Best Buy will soon open another two outlets in Shanghai, one in Puxi, a Pudong." Appliances, who declined to be named industry source said.

The sources, Best Buy in Shanghai, the layout of the idea is: buy property in the Xujiahui way to set up a flagship store, while in other regions, then lease the establishment of two stores.

Pudong location of the work has just begun, its goal is easily accessible, lots of population concentration. The second store in Puxi, the address seems to have taken shape, there are media reports that Best Buy has been working with North Sichuan Road Uehara seventh merchandise

Shopping

Property owner negotiations, want to rent part of the floor.

According to the style of Best Buy, it seems the two shops will not be soon announced. In fact, Best Buy withering country building, it went through six months of twists and turns.

A building close to the country property holder informed sources said six months ago, Best Buy in Shanghai, site, characterized as "Best Buy International

Trading

(Shanghai) Co., Ltd. "identity and the Changning District Government approached the acquisition is located in Hongqiao commercial foreign trade circles of the Tianshan Mountains, but the people in the area the government not know much about Best Buy Things then stranded. Later, the Xuhui District Government intervention

Merchants

Affairs, and finally settled in Jiangshan Building.

Best Buy settled in Class A may promote the Xujiahui

Offices

Raise prices for

States United States

,

Suning

Paradise, etc.

Competition

Opponent's melee build a higher threshold.

Informed sources said that if the Shanghai this "flagship store bought property rental stores," well, Best Buy can quickly push the other one city.

"In short, it is the action style will be more and more. Including Jiangsu, recently it

Five Star

The cooperation is also one of the strategies. "Reporters learned from the website of the Ministry of Commerce, April 7, Best Buy, chairman of the Chinese Foreign Chouzet

Investment

Enterprises Association

Feldspar

Guangsheng said that the company has signed a five-star joint venture agreement.

However, Gome, Suning, Yongle, told reporters before the three executives said that although Best Buy is the world's largest home appliance chain, but its power concentrated in North America, three in China and they have basically determined the layout, do not fear any outside

Best Buy Buy Shop: In Shanghai Will Also Lease Two Stores

By: polo




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