07.11.2011 14:50 Uhr, Quelle: Engadget

Best Buy to close UK operations, 1,100 jobs in jeopardy

Best Buy Europe, the joint venture between Best Buy Inc. and Carphone Warehouse, has been shuttered after just 18 months in business. In that short amount of time, it lost £80 million ($127 million), largely due to consumer belt-tightening and increased competition from cheaper online retailers. Up to 1,100 jobs will be lost at the eleven UK stores currently open in Thurrock, Bristol and Wolverhampton, among other locations, brin

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