Feb 04, 2021
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About this Deal
Best Buy is closing five stores in four states in the next month.
Last year was difficult for retailers, and conditions don't look like they're improving yet.
Best Buy had a hugely successful third quarter but has not yet released fourth-quarter earnings.
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Best Buy is closing five stores across the US over the next month, the retailer confirmed to four local news outlets.
The retailer plans to close two Richmond, Virginia area stores, along with one store each in Syracuse, New York, Carbondale, Illinois, and Brockton, Massachusetts.
According to statistics on Best Buy's website, there are 956 locations in 2021. down from 977 US store locations in 2020. It also notes that it closed 12 stores after October 31, 2020. The electronics chain has had fewer stores every year since 2012.