March 19, 2004
Best Buy wary of Gateway as a rival retailer
SignonSandiego.com is reporting that Poway-based Gateway's acquisition of low-cost computer maker eMachines is causing concern at Best Buy, one of the country's largest personal computer retailers.
Best Buy sells eMachines' computers in its stores. But the consumer electronics giant also sees Gateway as a retail competitor, Best Buy chief executive Brad Anderson said yesterday.
"I think we will continue to sell eMachines, but we are troubled with the connection there," Anderson said at the Reuters Consumer Products and Retail Summit in New York. (full article)
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