Best Buy 2008 Annual Report Download - page 16

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brands. Meetings involving store management and fixtures which include faucets, sinks, toilets and bath tubs.
corporate management are held on a regular basis to Consumer electronics consists of video and audio
review operating results and establish future objectives. products, including televisions and home theater systems.
The services revenue category consists primarily of repair
Our China Best Buy store employs an operating model services.
similar to our U.S. Best Buy and Canada Best Buy stores.
Our China Best Buy store is staffed with a general Magnolia Audio Video stores have offerings in three
manager; assistant managers for operations, revenue categories: consumer electronics, home office and
merchandising, inventory and sales; and approximately services. Consumer electronics consists of video and audio
260 sales associates, including full-time and part-time products. Video products include televisions, DVD players
sales associates. Advertising, merchandise purchasing and and accessories. Audio products include home theater
pricing, and inventory policies for our China Best Buy store audio systems and components, mobile electronics and
are centrally controlled by corporate management. accessories. The home office revenue category consists
Meetings involving store management and corporate primarily of home theater furniture. The services revenue
management are held on a regular basis to review category consists primarily of home theater system
operating results and to establish future objectives. installation and repair services as well as commissions
from the sale of extended service contracts.
Merchandise
International Segment
Domestic Segment
Canada Best Buy and Future Shop stores have offerings in
U.S. Best Buy stores have offerings in six revenue five revenue categories: consumer electronics, home
categories: consumer electronics, home office, office, entertainment software, services, other and, for
entertainment software, appliances, services and other. Future Shop only, a sixth revenue category, appliances.
Consumer electronics consists of video and audio Consumer electronics consists of video and audio
products. Video products include televisions, digital products. Video products include televisions, digital
cameras and accessories, digital camcorders and cameras and accessories, DVD players, digital camcorders
accessories and DVD players. Audio products include MP3 and accessories. Audio products include MP3 players,
players and accessories, navigation products, home home theater audio systems and components, navigation
theater audio systems and components, and mobile products, mobile electronics and accessories. The home
electronics including car stereo and satellite radio office revenue category includes desktop and notebook
products. The home office revenue category includes computers and their respective accessories, monitors, hard
notebook and desktop computers, monitors, mobile drives, printers and mobile phones. The entertainment
phones, hard drives, networking and accessories. The software revenue category includes video game hardware
entertainment software revenue category includes video and software, DVDs, CDs and computer software. The
gaming hardware and software, DVD movies, CDs and appliances revenue category includes major appliances as
computer software. The appliances revenue category well as small electrics. The services revenue category
includes major appliances as well as small electrics. The includes commissions from the sale of extended service
services revenue category consists primarily of commissions contracts, repair, delivery, computer services and home
from the sale of extended service contracts; revenue from theater installation. The other revenue category includes
computer-related services; product repair revenue; and non-core offerings.
delivery and installation revenue derived from home
theater, mobile audio and appliances. The other revenue Although Canada Best Buy and Future Shop stores offer
category includes non-core offerings such as snacks and similar revenue categories (except for appliances), there
beverages. are differences in product brands and depth of selection
within revenue categories. On average, approximately
Pacific Sales stores have offerings in three revenue 35% of the product assortment (excluding entertainment
categories: appliances including plumbing, consumer software) overlaps between the two store brands.
electronics and services. Appliances consists of major
appliances evenly split between high end and mass China Best Buy and Five Star stores have offerings in four
premium brands. Plumbing consists of kitchen and bath revenue categories: appliances, consumer electronics,
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