For those that have not heard, all of our Best Buys in China have closed down. Sad for me as it was the one place I could be assured to buy ink for my printer. After reading this analysis though, I am surprised they opened at all and more surprised they lasted as long as they did. I see Best Buy is now calling these stores "test stores". [I suggest if you have stock in Best Buy and are counting on the Asia Pacific market for future earnings to REALLY dive into the company's strategy...]
Anyone who visited a Best Buy store would definately agree that in a country of TERRIBLE service, these employees were even worse than normal. So if you are thinking of establishing your business in China, better actually have a plan! The funny thing is to read that Redmond Yeung (former COO of Best Buy China) is now at Gap China. Having made some trips to Gap China, all I can say is that the retail experience ranks right up there with shopping at Carrrefour in the middle of the morning with all the middle-aged Shanghaise ladies fighting for their turn at the weigh station.
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