Best Buy 2011 Annual Report Download - page 11
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Europe Canada China Mexico Turkey
The
Carphone
Warehouse Future Best Buy
Best Buy and The Phone Shop Best Buy Mobile Best Buy Five Star Best Buy Best Buy
Stores House Stores Stores Stores Stores Stores Stores Stores Stores
Total stores at end of fiscal
2009 — 2,465 139 58 3 5 164 1 —
Stores opened — 82 5 6 1 1 6 4 1
Stores closed — (94) — — — — (12) — —
Total stores at end of fiscal
2010 — 2,453 144 64 4 6 158 5 1
Europe Canada China Mexico Turkey
The
Carphone
Warehouse and Future Best Buy
Best Buy The Phone Shop Best Buy Mobile Best Buy Five Star Best Buy Best Buy
Stores House Stores Stores Stores Stores Stores Stores Stores Stores
Total stores at end of fiscal
2008 — — 131 51 — 1 160 — —
Stores acquired(1) — 2,414 — — — — — — —
Stores opened — 105 9 7 3 4 9 1 —
Stores closed — (54) (1) — — — (5) — —
Total stores at end of fiscal
2009 — 2,465 139 58 3 5 164 1 —
(1) Acquired on June 28, 2008.
Fiscal 2012 Store Opening Plans
For fiscal 2012, our new store opening plans include the opening of approximately 150 Best Buy Mobile small-format
stand-alone stores in the U.S. We also plan to open 40-50 Five Star stores in growing markets in China. Finally, we plan
to open approximately six to eight U.S. Best Buy stores and approximately 18 large-format Best Buy branded stores
throughout Canada, the U.K. and Mexico.
Intellectual Property
We own or have the right to use valuable intellectual property such as trademarks, service marks and tradenames,
including, but not limited to, ‘‘Best Buy,’’ ‘‘Best Buy Mobile,’’ ‘‘The Carphone Warehouse,’’ ‘‘Dynex,’’ ‘‘Five Star,’’ ‘‘Future
Shop,’’ ‘‘Geek Squad,’’ ‘‘Init,’’ ‘‘Insignia,’’ ‘‘Magnolia,’’ ‘‘Napster,’’ ‘‘Pacific Sales,’’ ‘‘The Phone House,’’ ‘‘Rocketfish,’’
and our ‘‘Yellow Tag’’ logo.
We have secured domestic and international trademark and service mark registrations for many of our brands. We have
also secured patents for many of our inventions. We believe our intellectual property has significant value and is an
important factor in the marketing of our company, our stores, our products and our Web sites.
Seasonality
Our business, like that of many retailers, is seasonal. Historically, we have realized more of our revenue and earnings in
the fiscal fourth quarter, which includes the majority of the holiday shopping season in the U.S., Europe and Canada, than
in any other fiscal quarter.
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