Best Buy may put European expansion plans on hold (bizjournals)

Best Buy Co. Inc. is putting its European expansion plans on hold due to
challenging economic conditions on the continent, the Financial Times reported
Sunday. The newspaper quoted people familiar with situation as saying Best
Buy's European "strategy continues to be under review," but the company hasn't
made any final decisions. Click here to read the Financial Times' story.
Richfield-based Best Buy (NYSE: BBY) paid $2.15 billion in early 2008 to buy a
50 percent stake in London-based Carphone Warehouse, which has 2,400 retail
stores in nine European...

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