AOL Money & Finance

Best Buy to roll out Mobile stores

More

Best Buy (NYSE: BBY), the largest consumer electronics retailer in the U.S., will be launching 150 to 200 Best Buy Mobile wireless stores in its New York, Boston and Texas markets. The phase-in of these Mobile stores will occur over the next 18 months, according to the retailer.

Best Buy just keeps on singing a happy tune with its performance. Its retail stores are way ahead of competitors Circuit City Stores (NYSE: CC)and CompUSA in terms of profitability, its Best Buy for Business division is healthy, and it acquired Speakeasy to enter the computer services arena even further. The company just can't seem to do wrong these days.

Best Buy's latest effort in the wireless landscape will include freestanding locations branded as "Best Buy Mobile" and kiosks within Best Buy stores themselves. I'm left wondering how the in-store units will be different than the wireless departments already inside Best Buy stores, however.

The company states that the newer Mobile stores will feature an expanded assortment of handsets, accessories and services. Wireless operators that will be offered include Cingular, Sprint Nextel (NYSE: S) and Verizon Communications (NYSE: VZ). Mobile virtual network operators (MVNOs) and prepaid services including Amp'd Mobile, Boost Mobile, Cingular Go Phone, Verizon InPulse and Virgin Mobile will also be offered.

Add your comments

Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.

When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.

To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.

Symbol Lookup
IndexesChangePrice
DJIA+30.6910,464.40
NASDAQ+6.872,176.05
S&P 500+4.981,110.63

Last updated: November 25, 2009: 08:44 PM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

WalletPop Headlines