Best Buy Europe was a retail joint venture owned by the United States-based electronics retailer Best Buy Inc and UK-based mobile phone retailer Carphone Warehouse. The company was formed by Best Buy's purchase of 50% of The Carphone Warehouse's retail division. Best Buy branded superstores opened in the UK beginning in April 30, 2010 with a store in Thurrock, Essex.
Best Buy was due to open its first UK stores in 2009, but postponed this until 2010, with plans for up to 200 stores eventually. Carphone originally intended to open up to 200 Big Box stores in Europe by 2013, but this goal was reduced to 100.
On the 6 November 2011, Carphone Warehouse announced its intention to close the 11 Best Buy "big box" format stores. On 14 January 2012, the Best Buy Europe joint venture was discontinued, with all 11 stores and the transactional website (www.bestbuy.co.uk) closing on that day.
Read more about Best Buy Europe: History, UK Stores, Best Buy Online, Turkey Stores
Famous quotes containing the words buy and/or europe:
“We have to be despised by somebody whom we regard as above us, or we are not happy; we have to have somebody to worship and envy, or we cannot be content. In America we manifest this in all the ancient and customary ways. In public we scoff at titles and hereditary privilege, but privately we hanker after them, and when we get a chance we buy them for cash and a daughter.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
“Should the German people lay down their arms, the Soviets ... would occupy all eastern and south-eastern Europe together with the greater part of the Reich. Over all this territory, which with the Soviet Union included, would be of enormous extent, an iron curtain would at once descend.”
—Joseph Goebbels (1897–1945)