On Tuesday, Dec. 28, Best Buy opened its first store under the Best Buy name in Shanghai, China. Best Buy is one of many retailers taking advantage of China’s lifting of limits on foreign competition, hoping to attract consumers in the world’s largest potential market. Best Buy also operates 133 Five Star stores with 4.5 million square feet in China. Jiangsu Five Star Appliance Co. is China's 14th biggest appliance retailer.
to Daily News