Best Buy looking at buying some empty Circuit City locations soon?

{ Posted on Jan 30 2009 by Brian White }
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Best Buy, Inc. (NYSE: BBY) CEO Brad Anderson indicated this week at the World Economic Forum in Davos, Switzerland that the largest consumer electronics retailer in the U.S. would be looking at about-to-be-vacated retail locations that are closing due to Circuit City's ongoing liquidation that's expected to run until sometime in March.

Where it makes sense, Best Buy could most likely snap up locations for smaller-format stores for its Best Buy Mobile operations or other concept stores it would like to test. It certainly will be able to acquire some former Circuit City locations on the cheap. It's a good move as the mass market consumer electronics retailer experiments with growing sales outside the standard big-box format.

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Best Buy looking at buying some empty Circuit City locations soon? originally appeared on BloggingStocks on Fri, 30 Jan 2009 15:55:00 EST. Please see our terms for use of feeds.

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