In a plan to subtract 800 million dollars in costs, Best Buy plans to close 50 of it's big-box location stores. The New York Times reports that this measure would cut 400 corportate jobs.
Across the United States, Best Buy has 1,400 locations, and they plan to open 100 more Best Buy Mobile stores. These mobile stores are said to be more profitable.
The New York Times also reports that Best Buy is attempting to avoid following the path Circuit City went on. Circuit City liquidated in 2009 after stuggling with electronic transitions.
Best Buy is now focusing on hiring trained staff that are willing to help employees in a more welcoming way than ever. This includes the "Geek Squad" group that Best Buy partnered with.
Across the United States, Best Buy has 1,400 locations, and they plan to open 100 more Best Buy Mobile stores. These mobile stores are said to be more profitable.
The New York Times also reports that Best Buy is attempting to avoid following the path Circuit City went on. Circuit City liquidated in 2009 after stuggling with electronic transitions.
Best Buy is now focusing on hiring trained staff that are willing to help employees in a more welcoming way than ever. This includes the "Geek Squad" group that Best Buy partnered with.