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Nordstrom Rack to open in San Diego
Seattle -- Nordstrom Rack announced plans to open a store in San Diego. It will be the brand’s fourth location in San Diego.
The approximately 39,000-sq.-ft. store is scheduled to open during fall 2012 at Carmel Mountain Plaza. Carmel Mountain Plaza is owned and managed by American Assets Trust.
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Best Buy-out of Carphone Warehouse to shift mobile focus in Europe
MINNEAPOLIS — Best Buy Co. said Monday it is buying out its joint venture partner, Carphone Warehouse Group PLC, in its fast-growing North American mobile business for $1.34 billion. As part of the reorganization of its relationship with the U.S. consumer electronics giant, Carphone Warehouse will shutter the 11 pilot big-box Best Buy stores it opened last year in the United Kingdom.