Best Buy raises bar

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28 April 2005 – Minneapolis (MN): Best Buy has unveiled some ambitious new expansion plans for North America and China.

The electrical retailer has risen its total potential stores in North America by 20 per cent to 1,200 and said that it intends to open ‘lab’ stores in China "in the next 12-18 months".

Best Buy currently operates 838 stores in the US and Canada and typically opens 75 new stores per year.