Best Buy to Close 250 Mobile Phone Stores

Best Buy to Close 250 Mobile Phone Stores

Big box electronics retailer Best Buy on Wednesday announced it will shutter 250 satellite “mobile” stores which were dedicated to sales of mobile phones. The retailer says the closures are due to sluggish sales. The stores, a common site in malls, will all be closed by the end of May.

Best Buy to Close 250 Mobile Phone Stores

While the stores originally performed well, increased competition from carriers, online sellers, and even the Apple Store have led to lowered sales at the Best Buy Mobile locations.


In a statement to The Wall Street Journal, Best Buy chief executive Hubert Joly said the company’s mobile phone outlets, which on average run about 1,400 square feet, are more expensive to operate than a 40,000-square foot full-size location. 

The stores have increasingly become irrelevant, with sales of the mobile outlets contributing only around 1% to Best Buy’s total revenue.

Sales have fallen as stores run by the carriers – AT&T, Sprint, T-Mobile, and Verizon – have opened to offer handsets directly to consumers. Apple has also increasingly promoted iPhone sales through its own retail stores in the U.S.

  1. 638926 525007Oh my goodness! an outstanding article dude. Thank you Even so Im experiencing problem with ur rss . Do not know why Cannot register for it. Could there be any person finding identical rss difficulty? Anybody who knows kindly respond. Thnkx 604178

  2. dampfer shop says:

    Once i in the beginning commented I clicked the “Notify me when new opinions are additional” checkbox and now every time a remark is extra I get a number of e-mails With all the similar comment. Is there any way you may take away individuals from that service? Many thanks a whole lot!

  3. 873424 719850Flexibility means your space ought to get incremented with the improve in number of weblog users. 628760

Leave a Reply

Your email address will not be published. Required fields are marked *