It's buh-bye for Best Buy as a $1.7 billion loss is forcing the retailer to close 50 stores in 22 different states, most of which will be shut down by May 12th, which is less than a month away. Eight of the stores have already closed - five in Minnesota, two in Missouri and Arizona, and one in Texas. The remaining 42 were notified Saturday morning of their stores' impending doom. Only three of those stores will remain open past May 12th, but they will be closed down by the end of summer.

Best Buy is willing to help employees find employment elsewhere, but employees can also choose to accept a severance package. It's never easy when a big closure like this puts so many out of work, especially in an economy where jobs are already scarce. You can find a full list of closing locations right here.


via The Verge

Pin It on Pinterest

Read previous post:
Thecus New TopTower NAS Expands Opportunities

The TopTower N6850, N8850, and N10850 are profession grade servers for your home.

MEGATech Reviews - Samsung Galaxy Tab 7.0 Plus Android Honeycomb Tablet

When it comes to the world of Google Android, you have a lot of choices. There are smartphones and tablets...

Close