Wednesday, May 03, 2006
Electronics boutique buys Spain chain
Electronics Boutique added to its European base of stores with the purchase of Spain's 141-store Jump Ordenadores chain. EB plans to introduce video game hardware and software to the merchandise mix of the consumer electronics chain during the next few months. The addition of Jump gives EB a foothold in Spain and bolsters its presence in Europe, where it has 600 stores in Italy, Ireland, Germany, Norway and Sweden. EB is expected to merge with chief rival GameStop this summer once federal regulators and shareholders approve the $1.5 billion deal.