Well as I reported just a little while ago here, Best Buy Europe has decided to shut down all of its facilities effective as soon as possible. To liquidate all of its remaining stock it is offering the biggest sale possible giving consumers from 10%-30% off. Reports indicate the sale could apply to everything in store though that hasn't been verified, as such you may want to go and grab that special present for your loved one because chances are your going to get the best price at Best Buy.

It was a short journey and many in the UK didn't even realize Best Buy was there but they are going out with a bang. It is sort of surprising that the sale is only up to 30% but if they operate like the other major retailers who go bankrupt or shut down they sell off everything they can sell at 30% and then raise the sales before finding an asset liquidator.

Do you live in the UK, will you be heading out to Best Buy to enjoy this last and final Hurrah? What item are you hoping to get and how much off are you hoping for to make it worth buying from Best Buy? Would 10% really be enough off to justify a purchase considering other retailers are offering sales this time of year?

Source

Interesting - thanks for letting me know

in the North West of the UK, I've only ever heard of one Best Buy, and never even seen one of real life, they really don't have that much presence here tbh :/

Closest one is miles away from me, will see what deals they'll have online, won't hold my breath though, as retailers rarely tend to put anything decent online.

I've just discovered that my nearest branch is in Aintree. Too much of a hike.

Title implied something massive. Like 80-90% massive.

Best Buy in Nottingham opened earlier this year. Best Buy have decided to close their aim to claim the European Market after not even a year I don't think. It has cost the company millions only for them to bail early. At least stick with it for a few years.

Massive doesn't necessarily mean price, massive as in the amount of stuff on sale and apocalyptic because it is the end of Best Buy in Europe. From what I've heard Best Buy in the UK was already one of the cheaper retailers these sales should be pretty dang good. Also this sale isn't going to stay at 30% off long, my bet is within a week or so it will get way better. I'll try to update the thread as the deals get more and more tantalizing. But yes this is a massive sale even by your 80% standards because this sale isn't going to end till Best Buy is dead, this is going to be an ongoing sale, like Boxing Week or such a sale that will keep going till the shelves are clear.

The losses Best Buy suffered are great with over 200 million Euro's lost so far. Also Best Buy wasn't the only company running Best Buy Europe it was a joint venture with partly owned Carphone Warehouse say CW got cold feet Best Buy pulls out. Not to mention they were both overly ambitious and underly. They hoped to open 200 outlets by 2013 across Europe this was very ambitious, they also claimed they would make a larger profit per square foot then Britain's bigger electronic retailers something their share holders expected. Then their locations were out of town locations and they were largely out gunned by their competitors who have 200+ stores in the UK alone and they had 11.

It would have been smart to stay in the UK and continue pushing into Europe if they had the resources from America to spend on it. But lets face it Best Buy doesn't have the financial resources to take up to 200 million euro hit each year and thats with only 11 stores can you imagine if they expanded to 200 and all those stores took the hits their 11 are.

In the end expanding in Europe would be suicide if the company could not turn a profit on those 11 stores. Also there is no way they could have taken on the bigger competitors in Europe with only 200 stores they would have been eaten alive. They likely should have concentrated on just the UK, they should have also done a better job advertising and getting their locations nearer to the public.

Many UK citizens didn't even realize Best Buy was in the country. As users say their outlets are a hike out of town another disadvantage. Their marketing was a third flaw. If they stayed they would need to have drastically changed their entire operation. They would have to have turned a profit before considering much further expansion and it would have cost them a fortune maybe even more then the 200 million Euro loss they are taking now.

Then you might want to add a few periods in the thread title if you're going for individual word meanings, lol.

No need as I explain in the next few sentences it will also be massive 80%ish, this sale won't end till Best Buy goes down so it is a massive sale by any meaning of the word.