Best Buy to Open 90 New Stores In The US

Stock of companies making ugly-ass blue polo shirts should be trending upward on Best Buy’s announcement that they will open 130 new stores worldwide, 90 of them in the US. From MarketWatch:

“Our focus is on reaching new customers in new markets or new ways,” Chief Executive Brad Anderson said in the press release. “We are very encouraged by the number of growth opportunities in front of us.”

Best Buy estimates the new stores will created 12,000 retail jobs. For those of you who don’t live near a Best Buy and have only used Best, the prices in the stores are sometimes different. —MEGHANN MARCO

Best Buy slates 130 new-store openings worldwide [MarketWatch]
(Photo: cmorran123)