DSGi has rebuked any suggestion that it should be worried about Best Buy's move into the UK, with a spokesperson for the group saying it "validates our strategy, as well as the importance of the specialist electrical retailer."Speaking to trade magazine Mobile, a spokesperson for the firm said: "We're not surprised by the announcement – We know Best Buy's business and we know it was wanting to enter the UK market. It clearly believes, as we do, that this is an attractive market, and its entry validates our strategy, as well as the importance of the specialist electrical retailer. It also shows they are not concerned about the threat from the internet."
"We start from a much stronger place. That is, we are the market leader in many of our markets, certainly in the UK. We already have a large store network, we already have a substantial internet business, and we already have the service and delivery infrastructure in place, which is difficult and expensive to replicate," he added.
John Lewis electronics buyer Helen Keppel-Compton echoed DSGi's comments telling The Guardian: "This new venture supports the great appetite the consumer has for electrical and electronics goods at the moment."
Advertisement
Related Stories
- HP Folio 13-1000 ultrabook a DSG exclusive Feb 8th 2012 at 6:06AM
- Is Best Buy failing in the US too? Jan 6th 2012 at 5:18AM
- Best Buy to leave UK this month Jan 5th 2012 at 4:08PM
- Best Buy announces closing down sale Nov 27th 2011 at 10:59PM
- Confirmed: All UK Best Buy stores to close Nov 7th 2011 at 12:48PM
- Best Buy closure imminent Nov 7th 2011 at 12:55AM
- Best Buy to retreat from UK? Oct 18th 2011 at 2:00PM
- Best Buy leaks suggest early October iPhone 5 preorders Sep 4th 2011 at 10:51PM
- Best Buy prepared for further losses May 11th 2011 at 11:53AM
- Best Buy continues UK store roll-out May 4th 2011 at 2:58PM
Follow Follow this article if you would like to receive notifications of updates.
Add a new comment
You need to be logged in to post comments. If you do not have an account then please register.
Comments
0 comments
There are no comments yet, be the first to add one!