electronic retailer

Best Buy to Close 50 US Stores, Cut Costs
Best Buy to Close 50 US Stores, Cut Costs
Best Buy to Close 50 US Stores, Cut Costs
Best Buy Company is closing 50 stores in the U.S. in fiscal 2013 and is looking to cut costs by $800 million by fiscal 2015. The biggest U.S. specialty electronics retailer also says it lost money in its fiscal fourth quarter partly because of a restructuring charge, but its adjusted results topped Wall Street's expectations.