Monday, October 7, 2013

Samsung Denies Best Buy Acquisition Rumors

Samsung Denies Best Buy Acquisition Rumors

Samsung and Best Buy, one of the biggest retailers in the U.S., already enjoy quite a comfortable relationship. The Korean manufacturer has opened up “Experience Shops” in nearly 1,400 Best Buy outlets, which are essentially a Samsung store within a Best Buy store. The outlets benefit from the foot traffic while Best Buy would presumably be earning from loaning out its retail space. Recently there was chatter in South Korea that perhaps Samsung might be willing to take its relationship with Best Buy to the next level, by acquiring a stake in the retailer.

Ubergizmo , Samsung Denies Best Buy Acquisition Rumors, Samsung Denies Best Buy Acquisition Rumors

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