Tuesday, March 07, 2006

Best Buy entering home improvement category?

According to Chain Store Age, Best Buy has bought Pacific Sales Kitchen & Bath Centers, a 14-store chain in Southern California.
"Pacific Sales extends Best Buy's reach with high-end home improvement products," said Brian Dunn, Best Buy's president and COO. "This acquisition enhances our ability to grow with an attractive customer base and premium brands.”
I don't get it. Is Best Buy planning to compete with Home Depot?

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