Featured Articles

IHS teardown reveals Galaxy S5 BOM

IHS teardown reveals Galaxy S5 BOM

Research firm IHS got hold of Samsung’s new flagship smartphone and took it apart to the last bolt to figure out…

More...
Galaxy S5, HTC One M8 available selling well

Galaxy S5, HTC One M8 available selling well

Samsung’s Galaxy S5 has finally gone on sale and it can be yours for €699, which is quite a lot of…

More...
Intel lists Haswell refresh parts

Intel lists Haswell refresh parts

Intel has added a load of Haswell refresh parts to its official price list and there really aren’t any surprises to…

More...
Respawn confirms Titanfall DLC for May

Respawn confirms Titanfall DLC for May

During his appearance at PAX East panel and confirmed on Twitter, Titanfall developer Respawn confirmed that the first DLC pack for…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 30 March 2012 08:09

Best Buy planning to close 50 stores

Written by David Stellmack

y exclamation

Will open Best Buy stand-alone Mobile locations

Best Buy has announced that it will be closing at least 50 retail stores during its Q4 conference call. The company posted mixed earnings, and will be embarking on an $800 million dollar multi-year cost reduction program that will make the company more efficient as well as better align the company with sales opportunities going forward.

In addition, Best Buy will be opening new stand-alone Best Buy Mobile locations, with the company hoping to open 100 of these this year. The company will also be deploying what they call a “Connected Store” format; this decreases square footage while focusing on customer service and multi-channel sales experiences.

Best Buy will also be enhancing its Best Buy Rewards program. The company will continue its Best Buy To Go Kiosk operations in hopes of being able to gain a foothold with this business model. They will be training and rewarding their employees for outstanding customer service as the company will also focus on this for its business model.


blog comments powered by Disqus

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments