MNC Enters India

Best Buy enters India

International Finance - FIN535

Summary

Best Buy Co., anAmericanspecialtyretailerofconsumer electronicsin the United States, accounting for 19% of the market. It also operates in Puerto Rico, Mexico, Canada and company's subsidiaries includeGeek Squad,CinemaNow, Magnolia Audio Video,Pacific Sales, and, in Canada operates under both the Best Buy andFuture Shoplabel.

Together these operate more than 1,150 stores domestically and addition, the company operates over 100 Best Buy ExpressAutomated Retailstores or "ZoomShops", operated byZoom Systems, in airports and malls around the company is headquartered inRichfield, Minnesota,United States.

On March 9, 2009, Best Buy became the largest...