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Samsung expands retail reach into Canada, EU with Best Buy deal

Samsung inks new deal with Best Buy that sees huge retail expansion into Canada, EU (KRX:005930, NYSE:BBY)

| Business, Financial & Legal News | Posted: Feb 19, 2014 7:26 am

Samsung has just inked a new deal with US retail giant Best Buy, where it will see 1,400 new mini shops launched inside of Best Buy's across the United States. The EU doesn't miss out, with Samsung converting over 60 Carphone Warehouse locations through Europe, too.

 

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In Canada, Samsung will open multiple mini kiosks inside Best Buy and Future Shop locations. The South Korean giant will also reportedly push its presence overseas, too, where it plans to open 75 or more retail locations across Europe, which should triple its current presence across the country. With the Galaxy S5 close to consumers' hands, it's perfect timing to be expanding retail reach for Samsung.

NEWS SOURCES:Techspot.com

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