Best Buy to Open First 24-Hour Location in New York City's Union Square

Posted on: Thu, 22 Oct 2009 00:50:00 EDT


Symbols: BBY
Oct 22, 2009 (Close-Up Media via COMTEX) --
BBY | Quote | Chart | News | PowerRating -- Best Buy Co., Inc. announced plans to open its first 24-hour retail location in New York City's Union Square.

Opening Friday, November 13, the 48,000 square foot store will be located on the corner of 14th Street and 4th Avenue, in the heart of historic downtown Manhattan's Union Square. The new location will be open each week from 8 a.m. on Monday through 12 a.m. on Sunday, re-opening for regular Sunday hours of 10 a.m. to 8 p.m.

"Today's consumers have hectic lifestyles that don't always conform to traditional retail hours," said Brian Dunn, CEO, Best Buy. "New York has long been known as the city that never sleeps, making Manhattan the perfect location for our first 24-hour store."

With operations in the United States, Canada, Europe, China and Mexico, Best Buy is a multinational retailer of technology and entertainment products and services.

((Comments on this story may be sent to newsdesk@closeupmedia.com))

For full details on Best Buy Co Inc (BBY) BBY. Best Buy Co Inc (BBY) has Short Term PowerRatings at TradingMarkets. Details on Best Buy Co Inc (BBY) Short Term PowerRatings is available at This Link.

UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
Thursday February 11 04:30 PM
* Attendance is strictly limited and are filled on a first-come, first-served basis.