Best Buy signs leases for 28 new stores

Monday, February 14, 2005

Electronics retailer Best Buy said today that it signed leases for 28 new stores. This is part of the company's plan to build 60 new stores this year. Best Buy, the largest consumer electronics retailer in the United States, declined to discuss the terms of the leases but did say that the new stores will result in the addition of 3,500 more jobs to the corporate payroll.

Sources

Associated Press. Best Buy Signs Leases for 28 Stores — Forbes, February 14, 2005
Reuters. Best Buy to add 3,500 employees — CNN, February 14, 2005

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