Best Buy delays first UK store

According to reports in the Financial Times US electronics retailer Best Buy and joint venture partner Carphone Warehouse have postponed the launch of their first UK store until the first quarter of 2010. Roger Taylor, Carphone Warehouse's Finance Director, told the newspaper: "If it makes more commercial sense to open three or four months later, that is what we will do." The company had planned to open its first UK store this summer. "Because of the economic climate more sensible to wait for better sites ... the quality of the sites is getting better, not just the locations, but also the economics," said Taylor.

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