Best Buy to Offer Kenwood Electronics; Nation's Number One Retailer of Consumer Electronics Adds Kenwood to Assortment.Business Editors MINNEAPOLIS--(BUSINESS WIRE)--Dec. 10, 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) ) and Kenwood Corporation today announced that Best Buy will offer Kenwood electronics Not to be confused with the UK-based manufacturer of kitchen appliances, Kenwood Limited. Kenwood Corporation (株式会社ケンウッド products in the retailer's more than 450 stores nationwide beginning in Spring 2002. The addition of the Kenwood brand to Best Buy's list of vendors will help to solidify so·lid·i·fy v. so·lid·i·fied, so·lid·i·fy·ing, so·lid·i·fies v.tr. 1. To make solid, compact, or hard. 2. To make strong or united. v.intr. Best Buy's position as the nation's preferred destination for car and home audio products. "Best Buy is dedicated to offering our customers a wide selection of the top brands in consumer electronics," said Randy Wick, Best Buy's vice president of Music, Movies, Commodities and Mobile Electronics. "By adding Kenwood's high-quality line of products to our assortment, we anticipate introducing a whole new customer to Best Buy and building on our reputation as a fun, affordable place to shop." "Best Buy has created the preferred shopping environment for many consumers," said Bob Law, Kenwood's vice president of sales & marketing. "We are very pleased that the Kenwood brand will now be available to their customers." Best Buy will offer a variety of consumer electronics products from Kenwood, including CD head-units; cassette head-units; amplifiers; speakers; subwoofers; and satellite radio products. About Best Buy Co., Inc. Minneapolis-based Best Buy Co., Inc. (NYSE:BBY) is North America's number one specialty retailer of consumer electronics, personal computers, entertainment software and appliances. The Company operates retail stores and commercial web sites under the names: Best Buy (BestBuy.com), Future Shop (FutureShop.ca); 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 (MagnoliaHiFi.com), 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 in the U.S., Canada, 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 the U.S. Virgin Islands. About Kenwood Founded in 1961, Kenwood USA Corporation is a leading developer and manufacturer of audio and video products for home, car, and personal use. Offering more than 250 products, Kenwood is one of the three largest selling brands of audio and video entertainment products in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and is recognized by consumers and the consumer electronics industry for products that provide superior quality, reliability and value. Kenwood USA Corporation, based in Long Beach, Calif., is the largest subsidiary of Kenwood Corporation (Japan). Further information can be obtained by contacting Kenwood USA Corporation, P.O. Box 22745, Long Beach, CA 90801, by calling 1-800-Kenwood, or by visiting www.kenwoodusa.com. |
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