1A Service

BEST BUY INSIGHT DECKGrowth markets and strategic initiatives

June 2013LOUISE HOWARTH

Senior Retail Analyst

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1. Introduction

2. Major Strategic Initiatives

3. Key Markets

4. Conclusions & Implications

ContentsContents

1. Introduction

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1. Introduction1. Introduction

USA

Puerto Rico

China

Canada

Mexico

Wholly-owned Operations, Regional Executives & Corporate Head Offices

Nanjing, Jiangsu Province, China

Distrito Federal, Mexico

Burnaby, British Columbia, Canada

Richfield, Minnesota, USA

Meng Zhou, CEO China

Fernando Silva, President Mexico

Ron Wilson, President Canada Operations

Hubert Joly, Company CEO

Mike Vitelli, President US

Shari Ballard, President International

*Regional Headquarters

*Regional Head

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Active Exited Joint Venture

Exited Market

Outside of the Americas, the retailer has been unsuccessful with its Best Buy banner, having exited the UK, China and Turkey following poor returns. However, Best Buy has big expansion plans for China via its Five Star banner which is proving to be successful.

1. Introduction1. Introduction