By Herman Lai, posted Feb 22, 2011 at 5:54 AM, 622 views,

Nine Of Best Buy’s Stores In China Are Closing

Due to Best Buy in China have struggled to perform as well as similar big-box stores in the United States. Today, the company announced nine of their branches in China are closing and its sales headquarters in Shanghai will also be closed as well. In the future, the company will continue growing in China under another much successful retail company called “Five Star”, disclosed would have 40-50 additional five stars open in China by 2012.

Source: Xinhua