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Great masses of triple battle finale equity trading company

May 8, 2008, the largest U.S. electronics chain BestBuy spend 1.1 billion pounds (about 2.15 billion U.S. dollars) to obtain Europe's largest mobile phone retailer Carphone Warehouse 50% stake, opened a Best Buy retail market into the European mobile phone prologue. News was announced, 10 minutes Wall Street Journal, Financial Times, Reuters, PR Newswire and other media organizations worldwide more than 30 authoritative coverage. A time for Best Buy & Carphone Warehouse United States and Britain set up a joint venture company, Best Buy, Carphone Warehouse took over 9 countries in Europe 2,400 stores pros and cons of mobile phone retail business events and trends of different opinions. Britain's third largest broadband telecommunications operator, Mr. Charles Dunstone Carphone Warehouse gave away all mystery: Thus, Carphone Warehouse or to exit the retail business, to give up low-margin industry, the main push wireless WEB mentality No more analysts do not worry about that: Best Buy, or will fall into the trap of Europe. Had to face against Dixons, Currys, PC World stores and other strong British competitors. These competitors operating level and ability far from Canada, the United States, and China, Best Buy once and existing competitors can be compared. So, come to Best Buy or capital acquisitions in overseas markets will suffer from the Certificate of inspection from another perspective, the date of the announcement, Best Buy shares fell 3%, Carphone Warehouse shares fell 2.4%, investors demonstrated by the widespread concern.
Similarly, the Chinese home appliance chain industry also is being staged around the triple trading company with a controlling stake in the battle of the The former began dating in September 2006, Best Buy & Carphone Warehouse co-operation started in the United States to jointly carry out Best Buy Mobile (now open 13 Best Buy Mobile Stand Alone Stores), Geek Squad, two years into the marriage The red carpet can be described as The trading company in China's triple option defend the war, it is triple domestic trading company listed home appliance chain (600,898) 100% foreign capital in the event of Hong Kong-listed Gome Electrical Appliances (0493HK) the case of forced marriage as a
Joint venture trading company in 1985, national home appliance chain in China is undoubtedly a pioneer in the industry. Triple trading company in 2002 bought 7.31% stake in Zhengzhou Baiwen, Zhengzhou Baiwen the same column with the largest shareholder. June 2002 Joint Group of Zhengzhou Baiwen equity holdings to 49.79%; July 18, 2003 triple trading company to achieve reverse merger to become the first home appliance chain industry listed companies. More than 20 years, triple the retail trading company in Shandong Province as a leader, received the honor of countless; it would have been outstanding Chinese national symbol of the home appliance chain industry. However, the accelerate the pace of expansion tank chain, squeezing the survival of the regional space-based home appliance chain. Gome appliance chain giant

Source: Joint Trading Company (600898) Annual Report 2001 to 2007 study of its triple trading company

But the United States and Japan's small and medium appliances electronics chain has not suffered: a devastating blow.
U.S. FRS electrical, COONS, Hhgregg, GameStop, RadioShack, Rex Stores, Tweeter electronics chain and other small home appliances business by category, the difference of competition days were sweet and the United States and the United States; the contrary, vigorously pursued pre-scale, 90 years ago highest in the U.S. appliance supremacy of the U.S. electronics chain's second-largest home appliance chain Circuit City (Circuit City), since 2000,GHD glätteisen, into the Carmax service (used car business), involved in credit card business in 2002, the acquisition of music show in 2004 to enter the online digital music business , May 2004, Canada spent $ 250,000,000 acquisition of InterTan, enter the overseas market, after which they will launch a number of diversified acquisitions, to embark on a path of non-related diversification, as well as today, performance continued to decline, profits continued to decline, the 2008 fiscal year (March 1, 2007 -2008 on February 29) loss of up to 321 million. As well as in March 2008, the U.S. Circuit City shareholders holding 6.5% of the investment board Wattles Capital Management questioned the viability of candidates for directors nominated by the restructuring of its board of directors; April 2008 acquisition of $ 1,000,000,000 Blockbuster announced that Circuit City's plan. In this connection, the expansion and non-related M & Circuit City will be dragged into the quagmire of diverse effects of a comprehensive highlights.

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