Market Overview

Brightstar and Best Buy in Pact

Brightstar Corp., a leading global provider of diversified solutions for the wireless device industry, announced today that the company has been selected by Best Buy Co., Inc. (NYSE: BBY)  to manage the retailer's entire inventory of returned mobile devices in the U.S.

(Logo:  http://photos.prnewswire.com/prnh/20120904/FL67928LOGO

Brightstar has worked with Best Buy in the U.S. since 2009, providing technology, product and direct-to-consumer delivery services for the retailer's mobile device category.  Through the new partnership, Brightstar will consolidate and optimize Best Buy's multiple device return channels, significantly improving efficiency and reducing costs.  Best Buy will also leverage Brightstar's domestic and global distribution channels to improve device resale values in secondary markets, thus offering customers attractive trade-in opportunities to upgrade to the newer product models and technologies.

Posted-In: News Contracts

 

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