Best Buy has revealed that it will be shutting down all of its mobile stores in the US. The company has 250 mobile stores in the US.
These stores will be shut down by May the 31st 2018, this is for the US only and not for their stores in Canada.
The company has also revealed that it will still be offering mobile phones at its big box stores and also online through its website.
The mobile stores only generate a small portion of the company’s revenue, it is just over 1 percent of their total revenue. The company will redeploy the employees from their mobile store to their other stores before the closure in May of this year.
Source The Verge
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