Best Buy To Close 50 ‘Big Box’ Outlets, Plans 500 New Mobile Phone Stores [Headlines]
The electronics retailer has announced it will refocus its operations around mobile.
More bad news for malls and other big-box retailers: Business Insider reports that the electronics retailer Best Buy has announced it would close 50 big box locations in the U.S. as it refocuses its operations around mobile. By 2016 it hopes to have as many as 800 mobile-only locations, up from 305 today. Business Insider