|
Nokia will close its two flagship stores in the United States, a market where the world's top cellphone maker is struggling to gain ground. Nokia said it would close the stores in New York and Chicago as part of its retail strategy revamp to better focus on co-operation with telecommunications operators and with retailers. Improving the company's position in the U.S. market has been a priority for Chief Executive Olli-Pekka Kallasvuo since he started to run Nokia in 2006. Since then, however, the company's U.S. market share has eroded to well below 10 percent. Globally, Nokia controls nearly 40 percent of the phone market. Nokia is also closing one of its two stores in London and its Sao Paolo store. After opening a flagship store in Moscow in December 2005, the company opened 11 more stores. "This confirms a turn in Nokia's retail strategy. It has failed to replicate Apple's success with this format of store," said Ben Wood, director of research at British consultancy CCS. |
Tags: Nokia
Mixx
Facebook
Twitter
Digg
delicious
reddit
MySpace
StumbleUpon
LinkedIn
Nokia assembly moving to Asia means 4k less jobs in Finland, Hungary, Mexico
In what comes as a startling revelation by Nokia, the company states that it will cut some 4,000 jobs in its smartphone ...
Nokia reveals secret about their ClearBlack displays
Nokia chairman says company might not have a great 2012
Play Snake, in true Nokia style, on your Windows Phone
Symbian^3 devices are now shipping with Belle out of the box
Top 10 must-have features on smartphones
Nokia hits 1.5 billion sales of their Series 40 mobile phones
In the mobile game it pays to experiment with technology especially when it comes to design form. In...
Leaked Images, Availability, Pricing,
Specs, Pre-order
13 Feb, 2012, 05:11 PM IST
7.5
Off late, budget Android phones are being manufactured by the dozen by both local as well as International ...
Sony Ericsson Live with Walkman Review
More from Mobile phones
Sony toys with the idea of Vita OS-based smartphones and tablets
More from this Author
_011517074205_160x90.jpg "Epson Stylus Photo R3000")
Samsung launches three new dual-SIM...
How to - Multi-boot Android OS' on...
After BlackBerry thumb, medics worry about
iPad 3 to be announced on March 7, cites...
The Darkness II - Fear of the Dark
Resistance: Burning Skies dated
About Us | Site Profile | Tech2 Team | IBNLive News | IBNLive Hindi News | Cricket News | Indian Stock Market | Policy | T & C
Copyright © 2011, Tech2.com India - A Network 18 India Venture
