Best Buy plans to shrink big-box store presence by 10%
From the Kansas City Business Journal article:
Best Buy Co., the nation’s biggest electronics retailer, plans to cut its big-box store square footage by 10 percent during the next three to five years because of expected growth in its online business.
and they are increasing their Best Buy Mobile stores and express kiosks:
(Shari) Ballard said Best Buy will incrtease its presence in the form of stand-alone Best Buy Mobile stores, express kiosks and other formats. In the United States, the retailer has about 180 Best Buy Mobile stores, which typically take about 2,000 square feet.
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- Published:
- April 16, 2011 / 12:29 pm
- Category:
- Bricks and Mortar vs. Online, Digital Migration, Future Trends, Geek, Store Closings, Store Expansion
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