Why Best Buy Failed in the UK: Risks of Global Expansion

Best Buy's attempt to cross the Atlantic and deliver US-style retailing to British consumers has failed miserably, with the retailer planning to close all of its big box stores in the UK. It may have suffered from bad timing, but its retreat shows that even the most successful retail formats can fail if they do not adapt to changes in their target markets. US electronics retailer Best Buy has signaled its brand's retreat from the UK, just 18 months after it opened its first big box store. By the time it closes all of its stores at the end