Best Buy releases statement on store closures announcement

(KFVS) - This is a press release sent out about the recent announcement of store closures in the United States.  No specific cities are mentioned at this time.

We are taking the necessary steps this next year to evolve our total retail store strategy, and make it even easier for customers to shop with Best Buy and access our services.

To achieve this, one of our first steps will be the closing of 50 U.S. Best Buy stores to fuel growth initiatives that will include Connected Stores that provide better service and product interactivity.

We are deliberate and thoughtful when we make such decisions. We are working to ensure the impact to our employees will be as minimal as possible, while serving all customers in a convenient and satisfying way.

We will announce details about specific store locations and timing for closings once they are finalized.

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