LAS VEGAS–Best Buy Co. plans to expand its footprint into Mexico this year, Brad Anderson, vice chairman and chief executive officer, told Reuters at the International Consumer Electronics Show this week.
Best Buy in the spring of last year first announced plans to test new stores in Mexico and Turkey, yet had not given a specific time frame. The retailer’s international business currently includes Best Buy and Geek Squad operations in Canada and China, Five Star operations in China, and Future Shop operations in Canada.
Anderson did not disclose any further specifics on when Mexican stores would open.
A Best Buy spokesman did not return calls by press time.