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Best Buy plans to close 10 to 15 stores by 2025 (www.usatoday.com)

submitted 7 months ago by [email protected] to c/[email protected]

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[–] [email protected] 33 points 7 months ago* (last edited 7 months ago) (5 children)

headline is somewhat wrong.. thats what they will close just in that year.. they are closing even more _this_year (+24)

As our ongoing practice, we will continue to close existing traditional stores during our rigorous review of stores as their leases come up for renewal. In fiscal '24, we closed 24 stores,” Bilunas said. “And in fiscal '25, we expect to close 10 to 15 stores

[–] [email protected] 5 points 7 months ago* (last edited 7 months ago)

The headline is right. Even if you don't know Best Buy's fiscal year, the tenses used in the quote makes it clear that they already closed 24 stores. Best Buy's 2024 fiscal year ended on February 3, 2024. They plan to close 10 to 15 more by roughly one month into 2025, so not literally "by 2025" but close enough.

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