Best Buy Signs Five Additional Leases for New Stores in New York and Hudson Valley Area; New York Expansion Plans on Track to Open 40 stores by 2004.Business Editors MINNEAPOLIS--(BUSINESS WIRE)--April 5, 2001 Best Buy Co., Inc. (NYSE NYSE See: New York Stock Exchange :BBY BBY Best Buy (stock symbol) BBY Before Battle of Yavin (Star Wars) BBY BeBeyond (Chinese online community) ) the nation's leading specialty retailer of consumer electronics, personal computers, appliances and entertainment software announced lease signings of three new stores in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and two in New Jersey. Scheduled to open late summer or fall 2001, the new stores will be located at: -- Commack, New York at Route 25 and Jerrico Turnpike near the Huntington Square Mall -- Yonkers, New York at 2458 Central Ave. -- Rego Park, New York at Queens Boulevard and Long Island Expressway near Queen's Place Shopping Center -- Manalapan, New Jersey at Route 9 and Craig Road -- Paramus, New Jersey at Route 17 at Ridgewood Avenue in the Fashion Center Mall "Best Buy plans to turn on the fun for New York and Hudson Valley-area shoppers by showing consumers how technology can improve their lives," said Pat Matre, Best Buy vice president of Real Estate. "We look forward to providing the area with affordable, high-tech consumer electronics and entertainment products in a shopping atmosphere that is easy and fun." The 45,000 square foot stores will feature a broad selection of name-brand products. Customers can experience many products, including the latest in digital technology, through hands-on displays. For easy shopping, merchandise will be grouped in departments such as Home Theater An audio/video entertainment center that has a large-screen TV and hi-fi system with three speakers in the front (left, right and center) and left and right speakers in the rear. Starting in the early 1990s, video inputs were added to stereo receivers and preamplifiers. and Digital Imaging. The five New York and New Jersey stores are included in more than 60 new retail locations Best Buy will open throughout the country in 2001 and part of a planned 40 stores in the New York market by 2004. Best Buy entered the New York/ New Jersey market in fall 2000 with 15 stores. Each store will employ approximately 150 full- and part-time employees in cashier CASHIER. An officer of a moneyed institution, who is entitled by virtue of his office to take care of the cash or money of such institution. 2. The cashier of a bank is usually entrusted with all the funds of the bank, its notes, bills, and other choses in , customer service, non-commissioned sales and management positions per store. Minneapolis-based Best Buy Co., Inc. (NYSE:BBY) is the nation's number one specialty retailer of consumer electronics, personal computers, entertainment software and appliances. The Enterprise operates retail stores and commercial Web sites under the names: Best Buy, (BestBuy.com), Magnolia Magnolia, city, United States Magnolia (măgnō`lyə), city (1990 pop. 11,151), seat of Columbia co., SW Ark.; inc. 1855. Its oil industry has been important since 1938. Hi-Fi, Media Play (MediaPlay.com), On Cue (OnCue.com), Sam Goody Sam Goody is a music and entertainment retailer in the United States and formerly in the United Kingdom. It is owned and operated by Musicland, which itself is owned by former rival Trans World Entertainment which also runs Suncoast Motion Picture Company and, until January 2006, (SamGoody.com) and Suncoast (Suncoast.com). The Company reaches consumers through more than 1,800 retail stores nationwide, in Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. and in the U.S. Virgin Islands. |
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