Best Buy Closing Stores

Closing 50 Big-Box Stores 1 of 10

March 29, 2012

Best Buy announced today that its quarterly same-store sales fell 2.4%, including a 2.2% drop at U.S. stores open at least 14 months.

To combat the problem, the retail giant anounced it will close 50 of its big-box stores in the hopes of cutting costs while shoppers are purchasing more electronics online.