Best Buy publishes locations of closing stores

Best Buy issued a press release today to confirm the 50 stores that will be closed, as mentioned in their 4th quarter report. Eight stores were already notified of the closing while 42 stores were notified this morning that most will be closed by May 12th. Three other locations will close later this Summer.

This was not an easy decision to make. We chose these stores carefully, and 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. But we also recognize the impact this news has on the people who deserve respect for the contributions they have made to our business. We will be working to help these employees find other positions inside Best Buy. If they don’t find new positions, or if they choose not to work at a different location, a transition including severance packages will be available.

The list of the Best Buy stores closing in 2012 are included in the full press release below.

Show full press release.

Best Buy Confirms Closure Plans for Remaining 42 U.S. Big Box Stores

Brings total of store closures to 50 by end of 2012
Most locations will permanently close by May 12; three additional locations to close by late summer

RICHFIELD, Minn. – April 14, 2012 – Best Buy announced plans March 29, 2012 to close 50 U.S. stores as part of a number of key initiatives for this year. To date, we have closed two stores this year (one in Kansas City, Mo., and one in Scottsdale, Ariz.), plus have notified five Twin Cities stores and one San Antonio store that they will close later this year.

This morning, we have confirmed the remaining 42 store locations that will close. A complete list of store locations can be found at the end of this statement. Employees of these 42 stores have been notified this morning.

This was not an easy decision to make. We chose these stores carefully, and 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. But we also recognize the impact this news has on the people who deserve respect for the contributions they have made to our business.

We will be working to help these employees find other positions inside Best Buy. If they don’t find new positions, or if they choose not to work at a different location, a transition including severance packages will be available.

Three of these 42 locations remain open today, Saturday; the rest of the affected stores are closed today, and will reopen Sunday, April 15. Customers currently doing business with these stores are being contacted today.

We expect most of these stores will permanently close by May 12. Three additional locations are expected to permanently close later this summer. 2

Best Buy continues to have additional retail store locations – big boxes and standalone Best Buy Mobile stores – for customers to choose from in these affected locations.

More broadly, our previously announced retail store actions are intended to increase points of presence, while decreasing overall square footage, for increased flexibility – including key store remodels with a new Connected Store format, while continuing to build out the successful Best Buy Mobile small format stores throughout the U.S. We will continue to share details of such actions as the year progresses. We are committed to making it easier for customers to shop with us, whenever and wherever they want.

                                     Locations of 2012 U.S. Best Buy store closings

Store Name

Address

City

State

Casa Grande

1004 N Promenade Pwy

Casa Grande

AZ

Lake Pleasant

10134 W Happy Valley Rd

Peoria

AZ

East Palo Alto

1751 E Bayshore Rd

East Palo Alto

CA

Westwood

10861 Weyburn Ave

Los Angeles

CA

Manteca

934 Perimeter Dr

Manteca

CA

Moreno Valley East

27220 Eucalyptus

Moreno Valley

CA

Ontario

4120 E 4th St

Ontario

CA

Pittsburg

4405 Century Blvd

Pittsburg

CA

Jamboree

2857 Park Ave

Tustin

CA

Arapahoe & Parker

15800 E Briarwood Cir

Aurora

CO

The Forum

9370 Dynasty Dr

Fort Myers

FL

Oldsmar

11655 W Hillsborough Ave

Tampa

FL

Fayetteville

128 Pavilion Pkwy

Fayetteville

GA

Loganville

4014 Atlanta Hwy

Loganville

GA

Addison

1038 N Rohlwing Rd

Addison

IL

87th & Dan Ryan

8900 S Lafayette Ave

Chicago

IL

Deerfield

200 S Waukegan Rd

Deerfield

IL

Matteson

4707 Lincoln Mall Dr

Matteson

IL

Mundelein

1100 N Rt 83

Mundelein

IL

West Dundee

979 W Main St

West Dundee

IL

Speedway

10500 Parallel Pkwy

Kansas City

KS

Back Bay

360 Newbury St

Boston

MA

Wareham

2421 Cranberry Hwy

Wareham

MA

Inner Harbor

600 E Pratt St

Baltimore

MD

Hunt Valley

118 Shawan Rd

Hunt Valley

MD

Biddeford

405 Mariner Way

Biddeford

ME

*Brooklyn Center

5925 Earle Brown Dr

Brooklyn Center

MN

*Edina

3200 Southdale Cir

Edina

MN

*Hutchinson

1350 Hwy 15 S

Hutchinson

MN

*Lakeville

18350 Orchard Trl

Lakeville

MN

Rochester South

4540 Maine Ave Se

Rochester

MN

*Rogers

20870 Rogers Dr

Rogers

MN

Ellisville

15678 Manchester Rd

Ellisville

MO

Monroe

3151 W Highway 74

Monroe

NC

Rocky Mount

1100 N Wesleyan Blvd

Rocky Mount

NC

Millard

12210 K Plz

Omaha

NE

East River Plaza

517 E 117th St

New York

NY

Steelyard Commons

3506 Steelyard Dr

Cleveland

OH

Salem Mall

5031 Salem Ave

Dayton

OH

Caguas

Las Americas Expry PR52 Zafiro

Caguas

PR

Middletown

890 W Main Rd

Middletown

RI

Hickory Hollow

5255 Hickory Hollow Pkwy

Antioch

TN

Techridge

12901 North I-35

Austin

TX

*Woodlake Parkway

6218 Woodglen

San Antonio

TX

Landmark Mall

5901 Stevenson Ave

Alexandria

VA

Cosner’s Corner

9745 Jefferson Davis Hwy

Fredericksburg

VA

East Richmond

4410 S Laburnum Ave

Richmond

VA

Mill Plain

16611 Se Mill Plain Blvd

Vancouver

WA

* indicates stores notified March 29, 2012 of closure plans

Note: Two stores in Kansas City, MO (Metro North) and Scottsdale, AZ (Shea) permanently closed in February 2012.

 



Categories : Business
Posted by Jason Hamilton | April 14, 2012  |  No Comment

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