Best Buy is considering sale or partnership for its Chinese operations the Wall Street Journal reports, as the retailer is looking to increase focus further on its home US.
Analysts suggest the Best Buy's Chinese operations-- namely Five Star and Best Buy Mobile-- are worth up to $300 million. The retailer already closed some large-format Five Star outlets this year, and its Chinese store count clocks at 190.
Why would Best Buy want to exit the most populous country in the world, though? The WSJ cites tough online competition hurting international division sales, (un)surprisingly enough.
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