Woke Best Buy Announces Closure of 24 Stores This Year with an Additional 10-15 Expected by Next Year
In a recent earnings call, Best Buy, a woke retail giant, announced the closure of 24 stores in 2024, with an additional 10-15 stores expected to shut down in the fiscal year 2025.
While the specific locations of the impending closures have not been disclosed, this decision is part of Best Buy’s broader efforts to adapt its retail footprint to the changing consumer shopping habits in an increasingly digital marketplace. As of now, Best Buy operates over 1,000 stores across the United States.
“In fiscal ’24, we closed 24 stores. And in fiscal ’25, we expect to close 10 to 15 stores,” said Matt Bilunas, Best Buy’s Chief Financial Officer, in the transcript of the earnings call,
