On January 15, 2009, The Carphone Warehouse Group PLC ("CPW") released its trading statement for its fiscal third quarter ended December 27, 2008. In the news release, CPW reported the fiscal third quarter highlights and strategic and financial goals for Best Buy Europe, a venture between Best Buy Co., Inc. ("Best Buy" or the "registrant") and CPW, which is owned 50% by the registrant. The news release issued by CPW on January 15, 2009, is furnished as Exhibit No. 99 to this Current Report on Form 8-K and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to liability of that Section, unless the registrant specifically incorporates it by reference in a document filed under the Securities Act of 1933 or the Securities Exchange Act of 1934.

Some of the matters discussed in this Current Report on Form 8-K (including Exhibit 99) constitute forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements other than those made solely with respect to historical fact and are based on the intent, belief or current expectations of the registrant and its management. The registrant's business and operations are subject to a variety of risks and uncertainties that might cause actual results to differ materially from those projected by any forward-looking statements. Factors that could cause such differences include, but are not limited to, the risk factors set forth in the registrant's filings with the SEC.

ITEM 9.01  Exhibits



(d) The following exhibit is furnished as an exhibit to this report.



Number                                  Description
99        News release issued by The Carphone Warehouse Group PLC dated
          January 15, 2009