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Carphone Warehouse To Open 100 New Stores In UK

In its bid to influence the Europe’s electrical goods market, Carphone Warehouse with its US based partner Best Buy, announced the plans for opening 100 new shopping stores in UK.

The stores would offer everything from computers, mobile phones and broadband, to other consumer electronic gadgets including, cameras, DVD players, etc, and the new stores are likely to be similar in size to Best Buy’s existing 30,000 square-feet shopping stores in US.

Back in May, Best Buy purchased 50 percent of Carphone Warehouse’s retail business for GBP1.1 billion, setting up a joint venture to expand in Europe.

According to the deal, the existing 2400 stores of Carphone Warehouse across Europe will continue to have previous brand name, whereas the new stores will be opened under the Best Buy name.

Previously, the group forecasted 4 to 5 percent growth in fixed-line telecoms in UK, but citing the recent credit crunch it has cut down its previous prediction of 400,000 broadband customers to between 200,000 and 250,000, and asserted that the fixed-lines broadband would remain broadly flat.

Désiré Athow
Contributor

Désiré has been musing and writing about technology during a career spanning four decades. He dabbled in website building and web hosting when DHTML and frames were en vogue and started writing about the impact of technology on society just before the start of the Y2K hysteria at the turn of the last millennium. Following an eight-year stint at ITProPortal.com where he discovered the joys of global tech-fests, Désiré now heads up TechRadar Pro. Previously he was a freelance technology journalist at Incisive Media, Breakthrough Publishing and Vnunet, and Business Magazine. He also launched and hosted the first Tech Radio Show on Radio Plus.