Best Buy to close down all 11 stores in the UK!
After a less than noticeable launch, it has been reported by the Financial Times that Best Buy, the American Consumer electronics retail brand, will close down after only a year of operation, due to surprisingly low profits. In fact they made a £85million loss.
The reasons have ranged from, a lack of advertising, a lack of consumer recognition and also a lack of general price drops, compared to Dixons Retail Group; PCWorld, Currys and Dixons.
All we can say it was nice while it lasted, and your staff were great.