Published 1 month ago

Best Buy says it will close 10 to 15 stores in 2024

Best Buy will close additional stores on top of 24 from the previous year, citing "declining sales."
The decisions were made to address the company's financial challenges, as reported by the Austin American-Statesman.
CEO Corie Barry aims to balance workforce and consumer needs, with over 1,000 locations nationwide.

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USA Today

Best Buy plans to close 10 to 15 stores by 2025, according to recent earnings call

Best Buy announced that it will close some of its stores by 2025, according to a February 2024 earnings call by the company.

1 month ago·United States

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The Hill

Best Buy says it will close 10 to 15 stores in 2024

(WKBN) — Best Buy is looking to close some stores this year and work to offer a smaller experience for customers in some markets. The company is looking to close 10 to 15 stores, following the closing of 24 stores last year, CFO Matthew Bilunas said during a fourth-quarter earnings call with investors last month. He explained that Best Buy will "close existing traditional stores during our rigorous review of stores as their leases come up for r…

1 month ago·Washington, United States

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UPI

Best Buy to close up to 15 stores in 2025

Electronics retail giant Best Buy will shut down 10-15 store locations by the end of 2025, according to CFO Matthew Bilunas.

1 month ago·Washington, United States

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abc 7 LA

Best Buy closes 24 stores this year, another 10-15 by next year, company says

The company announced in a recent earnings call that it is shutting down 24 stores in the current fiscal year and it intends to close another 10-15 in the 2025 fiscal year.

1 month ago·Los Angeles, United States

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Alabama Live

Best Buy to close handful of stores across the US

Best Buy is planning to close stores and reduce its workforce, the company announced during its Q4 earnings report.

1 month ago

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Mass Live

Best Buy to close 10-15 stores by 2025, company says

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 and 15 stores, Chief Financial Officer Matt Bilunas said on the call at the end of February. It was not said which stores would be closing.

1 month ago·Springfield, United States

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