Best Buy Looking to Be Your Next Cell Phone Store

posted Jun 24, 2009, 2:40 PM by Eric M. Zeman

Best Buy is planning a major expansion in the retail mobile phone market and aims to capture 15% of all mobile phone sales in the U.S. This year, the company plans to open 40 stores. In order to meet that goal, it will need to increase sales by 500%, as it currently holds just 3% of all U.S. mobile phone sales. The company says it has seen a good response to this mobile phone sections of its larger stores. Best Buy has not set a deadline for meeting this goal.

more info at Wall Street Journal »

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