The Carphone Warehouse has moved to dismiss reports that its stores will be selling video games consoles from today – whilst promising information on its new giant Best Buy outlets later this month.US retail goliath Best Buy announced a £1.1 billion investment in Carphone Warehouse in May this year, which saw the mobile retailer hand over 50 per cent of its European and US retail interests.
These are likely to soon be rebranded as Best Buy stores – and possibly expanded in size – in areas including the firm's natural home in the US, retail parks.
News on the product mix and location of these stores is due on October 14th, the Carphone Warehouse has told PC Retail's sister site MCV.
MCV understands games will play a very prominent part in this announcement, as the industry continues to show very attractive profitabiity in the face of the UK's economic difficulties and 'credit crunch'.
This story originally appeared on our sister site MCV.
Advertisement
Related Stories
- Daily deals websites get the Apprentice treatment May 23rd 2012 at 9:58PM
- iPad boosts April online sales to strongest in 18 months May 22nd 2012 at 10:53AM
- Considering a new career? May 18th 2012 at 1:36PM
- Dixons reports growth in UK sales in latest statement May 10th 2012 at 9:14PM
- TP-Link partners with Asda May 9th 2012 at 2:46PM
- Are you selling the Connected Home? May 2nd 2012 at 12:53PM
- GfK: Market growth to slow in 2012 May 2nd 2012 at 11:49AM
- Clare Rayner: Climb the 10 Steps to Retail Success May 2nd 2012 at 11:43AM
- Tesco sees UK profits fall Apr 18th 2012 at 10:51AM
