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Best Buy announced that it will close some of its stores by 2025, according to a February 2024 earnings call by the company.
Best Buy closed 24 stores in 2024, plans 10-15 more closures in 2025, raising concerns over the future of physical retail vs. online shopping.
LOS ANGELES (KABC) -- Faced with continuing challenges in the retail industry, Best Buy is closing several dozen stores this year and next. The company announced in a recent earnings call that...
Best Buy is closing approximately 17 locations this week, with dozens more on the docket for 2023, executives recently announced. Read on to find out which stores are closing and why. READ THIS NEXT: These Are All the Walmart Locations Closing Forever by the End of March. Several stores are closing tomorrow. John M. Chase / Shutterstock.
Best Buy closed 24 stores in 2023 and just announced that they'll close another 15 this year. They'll also open more outlets.
Best Buy is closing its store in Apple Valley, one of 15 to 20 stores the electronics giant is expecting to close in the U.S. this year. Its last day of business will be March 2.
Best Buy will close more than a dozen stores over the next year, the company announced during its quarterly earnings call. By 2025, the electronics retail giant is expecting to close between 10...
Best Buy said Thursday that it laid off 5,000 workers this month and is planning to close more stores this year as more consumers buy electronics online.
Best Buy plans to close 10-15 stores by 2025, the company announced on its Feb. 29 quarterly earnings call. The move comes as Best Buy aims to improve the customer experience by...
Changes to Best Buy’s brick-and-mortar store formats and routine store updates and maintenance will equate to $200 million in capital expenditures.