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Why Is Best Buy Closing Stores?Best Buy, a well-known electronics retailer, is facing a significant challenge as it plans to close several stores across the United States. This decision is not just about reducing locations ...
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Best Buy Is Closing 15 More Stores This YearIn fiscal '24, we closed 24 stores. And in fiscal '25, we expect to close 10 to 15 stores," said Best Buy's chief financial officer Matt Bilunas, per a call transcript. To help drive the company's ...
After laying off hundreds of employees in 2023, the electronics retailer continues to close several stores in 2025, according to FOX Business. Best Buy had over 900 locations in the United States ...
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