Best Buy opens 2 new outlets in Shanghai despite recession
Published: 03 Dec 2008 01:33:44 PSTDec. 3, 2008 (China Knowledge) - Best Buy, one of the Fortune 100 companies and the largest specialty retailer of consumer electronics in North America, opened two new retail outlets in Pudong area of Shanghai despite the global economic turmoil. The new outlets, located in New Land Plaza and Super Brand Mall respectively, will add Best Buy's total number of stores in the city to four, after the consumer electronics retailer opened its first China store in Shanghai two years ago. Best Buy will add two more stores by the end of this year, according to Redmond Yeung, president and chief operating officer of Best Buy Asia. Copyright © 2008 www.chinaknowledge.com Send feedback or comments to: news@chinaknowledge.com For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI | 
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