Best Buy Shanghaied – Opens In China
Best Buy is the United States largest consumer electronics chain store.
By the end of this year, Best Buy will have its first store in China...Shanghai.
The store will be 8,000 square meters and take up four floors of a building in Shanghai's premier Xujiahui shopping district.
"We've spent lots of time trying to understand Chinese consumers and then adjust our products, service and prices accordingly," said Lu Weimin, CEO of Best Buy
China.
The best be prepared to let the Chinese open and close, turn on and off and on and off, buy and bring back and exchange and and…
In preparation for the event, Best Buy bought a 75% share in Jiangsu Five Star Appliance – China's fourth largest home appliance retailer.
Will Best Buy make it in China?
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