Operation Management of Best Buy
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Operation Management of Best Buy

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  • High School
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Short excerpt:

Best Buy Co., Inc. is an international retailer with operations in various countries. It deals with home office appliances, services and consumer electronics. The company started its operations in China in the year 2007 after it acquired majority interest in Chinas Jiangsu Five Star Appliance Co. Ltd for 180 million (Kwok, Dornbach-Bender Lange, 2009). It started with opening a single store in Shanghai. Later on, expansion saw the company open five more stores in Shanghai, plus three others in neighbouring cities. Moreover, in 2009, Best Buy acquired a local chain store called Five Star Electric Appliances (Baijia, 2013). However, in a global restructuring program, the company closed its Shanghai headquarters in 2011 plus other nine stores (Zhihao, 2012).

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