Just some info I have received from the Corp. office on my last visit to MSP...
Best Buy may open 8-10 stores in China in next year and a half
Bestbuy is going to open 8-10 new stores in China within the next 12-18 months. I know our first store in China is located in Shanghai in the Xujiahui district. The store is on pace to be the #1 store in volume for the company. I have heard that a few of our stores over there will be located in Beijing, Hongkong, Guangzhou & Xiamen. As for the others I do not know.
Map of our new store in Shanghai!
Bestbuy opening (400) new stores in North America.
I know for a fact that Bestbuy is buying back 5.5billion in stock options and opening 400 new stores in N. America. The markets in which we will open the majority of them I am not sure of.
Best Buy to open 300 Apple stores-within-stores.
Again... I know this is a fact... My home store #204 in S. Austin, TX is the first in Texas to get a new Apple store by early Sept, Pretty cool Apple is come back into Bestbuy store nation wide. I know the I-phone was like wild fire... Store #204 hae 120 of them and over 200 customers in line for them,
Any thoughts... I know there is alot of customers that have been burned by Bestbuy, Geek Squad, and Magnolia... For me though this is very exciting. Our company is growing fast and bigger yearly and I know that we will be in the Caribbean area by 2008. Stores that are already planned and opening are SJU and KIN.