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In October, Best Buy acquired Minneapolis-based Geek Squad, then a 24-hour residential computer repair business with offices in Minneapolis, Chicago, Los Angeles, and San Francisco. [34] Best Buy stores in the U.S. surpassed the 600-store mark and the company opened its first global-sourcing office in Shanghai in 2003.
As painful as that adage might seem, Best Buy is embracing it wholeheartedly. The big-box store chain is a common victim of so-called "showrooming," where consumers stop by their local retail ...