Best Buy 2004 Annual Report Download - page 10
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Please find page 10 of the 2004 Best Buy annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
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In fiscal 2004, we opened an office in Shanghai, China, in order
to purchase products directly from Asian manufacturers. We expect
this office will help Best Buy increase efficiency by reducing our cost
of goods sold and providing us with a direct vehicle for giving
manufacturers our customers’ feedback on new and existing products.
In addition, the office provides us with the capability to offer
private-label products that fill gaps in our assortment.