Home cinema revival bolsters top US retail chain

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19-09-2007, 9:50 PM

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Home cinema revival bolsters top US retail chain

Renewed interest in home theater has helped leading US retail chain Best Buy generate double-digit gains in net earnings and revenue, 17 and 15 per cent respectively, in its latest set of financials. The chain’s bespoke home theatre subsidiary Magnolia Audio Video has proved a big money spinner, with Mike Vitelli, senior VP of [...]
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