Carphone Warehouse Planning Split
European retailer Carphone Warehouse, in which Best Buy purchased a 50 percent stake last year, has announced plans to split into two divisions.
According to MocoNews.net, plans are "well underway" to establish two separate companies: Best Buy Europe and ISP TalkTalk.
Additionally, Reuters reported that Best Buy Europe is "close to securing" leases for five locations in Britain, which would mark Best Buy Europe's first stores. The stores are expected to appear in the spring of 2010.