Best Buy Signs Lease for New Store in Auburn Hills, Michigan.Business Editors MINNEAPOLIS--(BUSINESS WIRE)--June 22, 2000 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 the lease signing of a new store in Auburn Auburn (ô`bərn). 1 City (1990 pop. 33,830), Lee co., E Ala.; inc. 1839. The city's economy centers around Auburn Univ.; there is some manufacturing. 2 City (1990 pop. 24,309), seat of Androscoggin co. Hills, Mich. Set to open this fall, the new store will be located at the Auburn Mile Shopping Center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into . "Best Buy plans to turn on the fun for Auburn Hills shoppers by showing consumers how technology can improve their lives," said Pat Matre, Best Buy vice president of Real Estate. "We look forward to continuing to provide 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 store 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 Auburn Hills, Mich., store is one of more than 50 new retail locations Best Buy will open throughout the country in 2000. The 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. Hiring will begin several months before the store is scheduled to open. 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 Company reaches consumers nationwide through its more than 350 retail stores located in 40 states and online at www.BestBuy.com. |
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