Best Buy Closing 50 Stores in Attempt to ‘Think Small’

Best Buy

In an effort to stay competitive with Amazon, the Apple Store, and other online retailers, Best Buy is slimming down. The big box retailer announced that it will be closing 50 of its retail locations in the United States during the coming fiscal year. Meanwhile, it plans to open 100 smaller mobile stores, with a focus on phones, tablets, and e-readers. Read the full story at PC World

Read more Top Stories

 

Author:

Shelly Palmer

Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).