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Retailers look to exploit mobile app opportunities

Retail chains in the US and the UK have launched mobile apps for consumers, which in both cases look to reward loyalty with discounted products and offers.

Carphone Warehouse results lifted by Tiscali

The Financial Times reports that the recent acquisition of Tiscali boosted first-half revenues at Carphone Warehouse, prompting the broadband provider and mobile phone retailer to raise its earnings guidance for the current year.

Best Buy to install Google mobile applications

Reuters notes that Best Buy is offering to install Google mobile applications on smartphones sold at its stores as the electronics retailer steps up services to lure shoppers and tackle competition.

Best Buy to acquire Napster

US electronics retail outlet Best Buy plans to buy digital music service Napster for US$121 million in cash.

Carphone, Best Buy to unveil Europe expansion plan

Britain’s Carphone Warehouse and US partner Best Buy could signal plans for over 100 new UK shops tomorrow, as the first step of their assault on Europe’s electrical goods market, reports Reuters.

Best Buy Europe outlines UK expansion

Best Buy Europe, the jointly-owned retail arm of the Carphone Warehouse and US retailer Best Buy, is planning to open four or five electronic megastores in the UK next year.

Best Buy offers used iPhones at lower price

Reuters notes that US retailer Best Buy, seeking new ways to appeal to cost-conscious shoppers, is selling refurbished versions of Apple’s iPhone 3G at its stores that are priced about US$50 less than new iPhones.

Report: Best Buy to trial launch Pre on 7 June

According to The Boy Genius Report, US retailer Best Buy will be getting its hands on a limited inventory of Palm Pre handsets for a trial launch on 7 June.

Best Buy targets 15% share of US mobile retail market

US electronics retailer Best Buy is planning to open 40 standalone mobile phone stores this fiscal year and believes that it can quintuple its share of the US mobile phone market to 15 percent, the company’s new chief executive said last week, reports the Wall Street Journal.