Bye Bye to Best Buy

It was a sad day in the U.K. as Carphone Warehouse to announce the closure of all of its Best Buy stores. Best Buy was a company that sold electrical goods and was a joint venture between Best Buy company in America and the Carphone Warehouse. 1100 staff are set to lose their jobs allthough Carphone Warehouse are hopeful of finding them work in other areas of their company. Carphone Warehouse said strong competition was the primary reason for closure. Another retail giant gone, and even more distraught employees joining the ever increasing dole queue.



Sources

www.theretailbulletin.com