04-15-2012, 10:34 AM
Brings total of store closures to 50 by end of 2012
Most locations will permanently close by May 12; three additional locations to close by late summer
RICHFIELD, Minn. – April 14, 2012 – Best Buy announced plans March 29, 2012 to close 50 U.S. stores as part of a number of key initiatives for this year. To date, we have closed two stores this year (one in Kansas City, Mo., and one in Scottsdale, Ariz.), plus have notified five Twin Cities stores and one San Antonio store that they will close later this year.
This morning, we have confirmed the remaining 42 store locations that will close. A complete list of store locations can be found at the end of this statement. Employees of these 42 stores have been notified this morning.
This was not an easy decision to make. We chose these stores carefully, and are working to ensure the impact to our employees will be as minimal as possible, while serving all customers in a convenient and satisfying way. But we also recognize the impact this news has on the people who deserve respect for the contributions they have made to our business.
We will be working to help these employees find other positions inside Best Buy. If they don’t find new positions, or if they choose not to work at a different location, a transition including severance packages will be available.
Three of these 42 locations remain open today, Saturday; the rest of the affected stores are closed today, and will reopen Sunday, April 15. Customers currently doing business with these stores are being contacted today.
We expect most of these stores will permanently close by May 12. Three additional locations are expected to permanently close later this summer. 2
Best Buy continues to have additional retail store locations – big boxes and standalone Best Buy Mobile stores – for customers to choose from in these affected locations.
More broadly, our previously announced retail store actions are intended to increase points of presence, while decreasing overall square footage, for increased flexibility – including key store remodels with a new Connected Store format, while continuing to build out the successful Best Buy Mobile small format stores throughout the U.S. We will continue to share details of such actions as the year progresses. We are committed to making it easier for customers to shop with us, whenever and wherever they want.
Scottsdale, AZ (Shea) permanently closed in February 2012.
Techridge, 12901 North I-35, Austin, TX
*Woodlake Parkway, 6218 Woodglen, San Antonio, TX
(interesante) Caguas, Las Americas Expry PR52 Zafiro, Caguas, Puerto Rico
http://pr.bby.com/phoenix.zhtml?c=244152...&highlight=
Esto sumado al cierre de TODAS sus tienda en UK (7 November 2011)
Carphone Warehouse to close all 11 Best Buy shops
Carphone Warehouse is to close all of its 11 Best Buy stores across the UK, the company has announced.
The move puts 1,100 jobs at risk at the outlets, which sell electronic goods, but the firm said it hoped to find the "large majority" alternative work.
The 11 Best Buy stores are part of Best Buy Europe, a joint venture between US group Best Buy and Carphone Warehouse.
The first Best Buy store in the UK only opened in April of last year. The outlets have failed to make a profit.
'Economic times'
Best Buy's 11 UK outlets are in Liverpool, Derby, Bristol, Nottingham, Rotherham, Dudley, Thurrock, Southampton, and three places in London - Croydon, Hayes and Enfield.
Carphone Warehouse and Best Buy initially planned to open 200 Best Buy stores across the UK and continental Europe.
Best Buy Europe was formed in 2008 when Best Buy paid £1.1bn to buy a 50% stake in Carphone Warehouse's retail division.
Carphone Warehouse said the focus would now be on selling more electronics goods from Best Buy Europe's 805 Carphone Warehouse stores in the UK, and 1,648 Phone House shops in continental Europe.
Best Buy Europe said in a statement: "Since 2008, the consumer electronics marketplace has changed substantially as a result of the economic times, the progress of online retailing and the growth of new products such as smartphones, tablets and apps."
It comes as Best Buy plans to buy its British partner out of a separate and fast-growing US mobile phone joint venture for £865m.
The Best Buy Mobile venture has been benefiting from soaring demand for smartphones, such as Apple's iPhone.
http://www.bbc.co.uk/news/business-15616445
Most locations will permanently close by May 12; three additional locations to close by late summer
RICHFIELD, Minn. – April 14, 2012 – Best Buy announced plans March 29, 2012 to close 50 U.S. stores as part of a number of key initiatives for this year. To date, we have closed two stores this year (one in Kansas City, Mo., and one in Scottsdale, Ariz.), plus have notified five Twin Cities stores and one San Antonio store that they will close later this year.
This morning, we have confirmed the remaining 42 store locations that will close. A complete list of store locations can be found at the end of this statement. Employees of these 42 stores have been notified this morning.
This was not an easy decision to make. We chose these stores carefully, and are working to ensure the impact to our employees will be as minimal as possible, while serving all customers in a convenient and satisfying way. But we also recognize the impact this news has on the people who deserve respect for the contributions they have made to our business.
We will be working to help these employees find other positions inside Best Buy. If they don’t find new positions, or if they choose not to work at a different location, a transition including severance packages will be available.
Three of these 42 locations remain open today, Saturday; the rest of the affected stores are closed today, and will reopen Sunday, April 15. Customers currently doing business with these stores are being contacted today.
We expect most of these stores will permanently close by May 12. Three additional locations are expected to permanently close later this summer. 2
Best Buy continues to have additional retail store locations – big boxes and standalone Best Buy Mobile stores – for customers to choose from in these affected locations.
More broadly, our previously announced retail store actions are intended to increase points of presence, while decreasing overall square footage, for increased flexibility – including key store remodels with a new Connected Store format, while continuing to build out the successful Best Buy Mobile small format stores throughout the U.S. We will continue to share details of such actions as the year progresses. We are committed to making it easier for customers to shop with us, whenever and wherever they want.
Scottsdale, AZ (Shea) permanently closed in February 2012.
Techridge, 12901 North I-35, Austin, TX
*Woodlake Parkway, 6218 Woodglen, San Antonio, TX
(interesante) Caguas, Las Americas Expry PR52 Zafiro, Caguas, Puerto Rico
http://pr.bby.com/phoenix.zhtml?c=244152...&highlight=
Esto sumado al cierre de TODAS sus tienda en UK (7 November 2011)
Carphone Warehouse to close all 11 Best Buy shops
Carphone Warehouse is to close all of its 11 Best Buy stores across the UK, the company has announced.
The move puts 1,100 jobs at risk at the outlets, which sell electronic goods, but the firm said it hoped to find the "large majority" alternative work.
The 11 Best Buy stores are part of Best Buy Europe, a joint venture between US group Best Buy and Carphone Warehouse.
The first Best Buy store in the UK only opened in April of last year. The outlets have failed to make a profit.
'Economic times'
Best Buy's 11 UK outlets are in Liverpool, Derby, Bristol, Nottingham, Rotherham, Dudley, Thurrock, Southampton, and three places in London - Croydon, Hayes and Enfield.
Carphone Warehouse and Best Buy initially planned to open 200 Best Buy stores across the UK and continental Europe.
Best Buy Europe was formed in 2008 when Best Buy paid £1.1bn to buy a 50% stake in Carphone Warehouse's retail division.
Carphone Warehouse said the focus would now be on selling more electronics goods from Best Buy Europe's 805 Carphone Warehouse stores in the UK, and 1,648 Phone House shops in continental Europe.
Best Buy Europe said in a statement: "Since 2008, the consumer electronics marketplace has changed substantially as a result of the economic times, the progress of online retailing and the growth of new products such as smartphones, tablets and apps."
It comes as Best Buy plans to buy its British partner out of a separate and fast-growing US mobile phone joint venture for £865m.
The Best Buy Mobile venture has been benefiting from soaring demand for smartphones, such as Apple's iPhone.
http://www.bbc.co.uk/news/business-15616445
Todos mis BDs en venta, escucho propuestas.
