Winkle wrote: ↑BB USA and BB Canada are considered separate business entities, if BB USA bankrupts and folds it does not mean BB Canada and FS will do the same.
Blockbuster was a different problem but even when BBV USA closed down it took a few more months for BBV Canada to follow suit but both have been in trouble for many years before they shut down. BB Canada is doing much better than BB USA.
Best Buy UK recently closed all 11 of their stores (in January 2012) after posting massive losses despite them having only opened their first store in the UK in April 2010, less then 2 years prior.
Its international unit posted revenues of $1.9 billion a decrease of 1.7 percent, as sales were hurt by foreign currency exchange rates and poor sales in Canada and Europe. Results for countries outside Canada are reported on a two-month lag, the company said.
http://www.proactiveinvestors.com/compa ... 23159.html
Shares of Best Buy Co. (NYSE: BBY)Best Buy Co are up as much as 2% in morning trade after the company reported weak December sales. The company cited weaker than expected traffic during the week before Christmas and low demand in Canada and Europe as primary reasons for the lower than expected sales figures.
Read more: http://www.beaconequity.com/smw/18332/B ... z1rAxvuLao