Best Buy, the US electricals group, has pushed back its assault on the UK as it grapples with troubles in its own backyard.

Best Buy, together with its joint venture partner Carphone Warehouse, has now postponed the launch until the first quarter of 2010. It had planned to open its first store in the UK this summer.

Roger Taylor, Carphone’s finance director and chief executive of the retailing joint venture, insisted the postponement was “unrelated” to Best Buy’s woes.

'If it makes more commercial sense to open three or four months later, that is what we will do,' Taylor told the Financial Times.

Financial Times