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Best Buy Reveals 42 Stores to Be Closed
tvpredictions.com ^ | April 15, 2012 | Phillip Swann

Posted on 04/16/2012 2:39:01 AM PDT by Las Vegas Dave

Washington, D.C. (April 15, 2012) -- Best Buy yesterday revealed the locations for 42 'big box' stores it will close this year.

The CE retailer announced on March 29 that it would close 50 stories but has not disclosed until now the full list of stores that would get the ax.

Best Buy is closing the stores due to sluggish sales and shrinking profits. The company lost $1.7 billion in the last quarter, compared to a profit of $651 million in the same quarter a year ago. The store closures represent a little less than three percent of its retail force. (Best Buy has 1,450 stores in the United States.)

Best Buy says it has already closed two stores, one in Kansas City and one in Scottsdale, Arizona. Plus, one San Antonio stores and five Twin Cities stores have been notified that they will close later this year.

Yesterday, employees at the remaining 42 stores were told their stores will be closing, most by May 12.

"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," Best Buy said in a statement.

Here are the 42 Best Buy stores that will be closing over the next several weeks:

~~~~~~~~~~~~~~~~ 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

* notes that store was notified March 29


TOPICS: Business/Economy; Miscellaneous; Music/Entertainment; TV/Movies
KEYWORDS: hdtv; hdtvpinglist

1 posted on 04/16/2012 2:39:06 AM PDT by Las Vegas Dave
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To: ADemocratNoMore; advertising guy; aft_lizard; AJMaXx; Alice in Wonderland; american colleen; ...

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2 posted on 04/16/2012 2:41:45 AM PDT by Las Vegas Dave ("All 57 states must stand together and defeat O-bozo! VOTE the usurper out!!")
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To: Las Vegas Dave

Amazing and disheartening news. Who would have thought 10 years ago that Best Buy would be CLOSING stores?


3 posted on 04/16/2012 2:44:45 AM PDT by IDontLikeToPayTaxes
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To: IDontLikeToPayTaxes

Perhaps if they were selling dreams of my Father, Mein Kamph, or Carl marx writings they would be too big to fail..


4 posted on 04/16/2012 2:49:33 AM PDT by aces
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To: IDontLikeToPayTaxes

looks to me like they were too staurated in a few areas


5 posted on 04/16/2012 3:07:07 AM PDT by CGASMIA68
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To: Las Vegas Dave

The two in GA are in outer-fringe ATL suburbs, in more working class (vs. upscale) areas.


6 posted on 04/16/2012 3:07:24 AM PDT by FreedomPoster (Islam delenda est)
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To: Las Vegas Dave

Hmm, I’m kind of surprised that the two stores closing in MD are in very urban, populated areas. But here, in a less densely populated area, the Best Buy is apparently staying.


7 posted on 04/16/2012 3:18:57 AM PDT by exDemMom (Now that I've finally accepted that I'm living a bad hair life, I'm more at peace with the world.)
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To: Las Vegas Dave
Things are looking up, people might be cutting back on buying made-in-China crap. OTOH, a lot of these stores seem to either be in depressed areas (Calif) or downtown stores where people browse but don't drive in with a pickup truck to load up.

If someone gave me a free 10k Best Buy shopping spree I would look for some way to sell it for cash or trade it for some lumber from Lowes.

8 posted on 04/16/2012 3:21:33 AM PDT by palmer (Before reading this post, please send me $2.50)
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To: Las Vegas Dave

Is there really a Manteca, CA? What a strange name for a town. I’m pretty sure it means either fat or lard in Spanish.


9 posted on 04/16/2012 3:28:55 AM PDT by Yardstick
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To: Las Vegas Dave
Looks like some local Wal Marts will be able to raise their electronics prices soon.
10 posted on 04/16/2012 3:41:19 AM PDT by Happy Rain ("For 0 so despised the nation, he put generations of our begotten sons in the bondage of debt.")
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To: Las Vegas Dave

The Best Buys here in tax free NH remain open!


11 posted on 04/16/2012 4:08:21 AM PDT by nhwingut (Sarah Palin 12... No One Else (Maybe Tim Thomas))
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To: palmer
...a lot of these stores seem to either be in depressed areas (Calif) or downtown stores where people browse but don't drive in with a pickup truck to load up.

The Ft Myers store was in an area where heavy development was going on and then quit happening.

12 posted on 04/16/2012 4:31:14 AM PDT by chopperman
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To: chopperman

Amazon is killing them. People go to Best Buy to see what the best looking picture is, then buy their HDTV from Amazon.


13 posted on 04/16/2012 4:42:00 AM PDT by babble-on
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To: Las Vegas Dave

The speedway location here is in a terrible spot and totally unneeded. Surprised it hadn’t closed earlier, TBH.


14 posted on 04/16/2012 4:45:15 AM PDT by mykroar (Please be aware any /sarc tag is for the lurkers, not the Freepers.)
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To: babble-on

Exactly. They are a showroom. And they’ve been very very slow to get on board with their online presence. They’re a bloated pig and are nay now waking up to the reality that store-front retail is more than just being the only player in town.


15 posted on 04/16/2012 4:48:11 AM PDT by Solson (The Voters stole the election! And the establishment wants it back.)
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To: chopperman

Interesting article: Why Best Buy is Going out of Business...Gradually

http://www.forbes.com/sites/larrydownes/2012/01/02/why-best-buy-is-going-out-of-business-gradually/


16 posted on 04/16/2012 4:51:30 AM PDT by radioone
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To: palmer; All

It has to do with more people buying stuff online (made from China) than people stop buying at Best Buy..


17 posted on 04/16/2012 5:00:21 AM PDT by KevinDavis (Go Mitt Go!!!)
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To: IDontLikeToPayTaxes

Best Buy once had an outstanding product, but in recent years has been poorly managed and has alienated quite a few people with their return policies.


18 posted on 04/16/2012 5:01:50 AM PDT by The Sons of Liberty (Sworn to Defend The Constitution Against ALL Enemies, Foreign and Domestic. So Help Me GOD!)
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To: Solson
Exactly. They are a showroom. And they’ve been very very slow to get on board with their online presence. They’re a bloated pig and are nay now waking up to the reality that store-front retail is more than just being the only player in town.

The local Fry's Electronics store here in Phoenix is a showroom type business as well, but we love going there and the deals are amazing. They advertize frequently in the local paper as well. Loads of killer deals.

Their online presence is miserable, however, practically forcing you to go to the store.

Our local Fry's is designed like a giant Aztec Temple. Pretty hilarious, actually.

19 posted on 04/16/2012 5:20:21 AM PDT by Caipirabob (I say we take off and Newt the site from orbit. It's the only way to be sure...)
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To: Las Vegas Dave

Welcome to the ever-expanding Obama Economy.

This is a fine example of Obamanomics at its best.


20 posted on 04/16/2012 5:33:37 AM PDT by FourPeas ("Maladjusted and wigging out is no way to go through life, son." -hg)
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To: Las Vegas Dave

They lied and did not pay me a rebate so I could care less if they all close.


21 posted on 04/16/2012 5:40:43 AM PDT by mountainlion (I am voting for Sarah after getting screwed again by the DC Thugs.)
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To: Yardstick
You are correct; must be a California thing.

Perused the list with apprehension but was glad to see the two stores near my house dodged the knife this time around.

22 posted on 04/16/2012 6:05:07 AM PDT by stormhill
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To: Las Vegas Dave

Is merchandise being sent to other stores, or will it be closed out?


23 posted on 04/16/2012 6:15:50 AM PDT by Publius Valerius
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To: chopperman

Yeah, I left out the housing bust areas like parts of FL, AZ and Atlanta. That’s probably the majority of the closings.


24 posted on 04/16/2012 6:20:49 AM PDT by palmer (Before reading this post, please send me $2.50)
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To: KevinDavis
It has to do with more people buying stuff online (made from China)

At least they are apt to get something more in line with their needs online rather than whatever chrome-plated plastic the salesman is told to push.

25 posted on 04/16/2012 6:23:42 AM PDT by palmer (Before reading this post, please send me $2.50)
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To: Las Vegas Dave; mickie; flaglady47
There's one reason and one reason only that big and small businesses are boarding up their stores.....people are not spending money because we're in an Obama Depression.....only it hasn't sunk in yet because it's gradual.(...one major chain store closes this week, another entire chain goes under two weeks later, half a local strip location with empty stores this week, next month, whole strip empty....)

How many folks are actually looking around their local business community and noting the enormous number of closed stores and shops.....(when they're not watching the Kardashians, or tweeting, of course.....)

Leni

26 posted on 04/16/2012 6:27:48 AM PDT by MinuteGal
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To: Las Vegas Dave

IMHO, no loss here. Amazon can beat them hands down. And, they don’t treat you like a thief when trying to exit the store. The ones here in Georgia are noted for virtually frisking the customers on the way out. I wouldn’t buy a damned thing from them.


27 posted on 04/16/2012 6:30:04 AM PDT by Gaffer
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To: chopperman
"The Ft Myers store was in an area where heavy development was going on and then quit happening.

Yeah, thats "my" best buy store. That area, (Lehigh Acres, North Fort Myers) was devastated by the housing downturn. Surprised any businesses made it through.

28 posted on 04/16/2012 7:14:24 AM PDT by Paradox (I want Obama defeated. Period.)
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To: Happy Rain
Looks like some local Wal Marts will be able to raise their electronics prices soon.

Why? In my experience,  Best Buy is an expensive place to shop. I can get a 32 GB memory stick for what they'd charge for a 4 or 8 gb one at Frys. I guess I don't tend to buy big ticket items there. Most of the time, when I have to get something at a Best Buy, it is something small, like a cable, memory, or something similar for a perpheral. They are always on the high end price wise for such things. i,e, $30 for a cable I can get for $10 to $15 elsewhere.

29 posted on 04/16/2012 7:41:22 AM PDT by zeugma (Those of us who work for a living are outnumbered by those who vote for a living.)
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30 posted on 04/16/2012 8:08:04 AM PDT by TheOldLady (FReepmail me to get ON or OFF the ZOT LIGHTNING ping list)
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To: babble-on

Bingo! Best Buy is just a handy place for internet shoppers to get hands on experience with products that they intend to buy online. Sad but true. When I go in to look at something, I always check online with my iPhone to see what the price difference is, if it is nominal, I go ahead and pick it up, but if it is substantial then I go home and order it online.


31 posted on 04/16/2012 9:18:25 AM PDT by itsahoot (I will not vote for Romney period, and by election day you won't like him either.)
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To: babble-on
Amazon is killing them. People go to Best Buy to see what the best looking picture is, then buy their HDTV from Amazon.

I did that a few years ago. Here's why. I researched the TV I wanted (reviews, specs, etc) both online and at the stores. Best Buy had an online ad for "buy a tv and get 3 Blurays" for free or a very low cost. I went into the store and asked them to give me that offer and free shipping. I was willing to pay a few dollars more to get the TV now. They said go talk to customer service which had a huge line. I already knew what TV I was buying so I wasn't going to waste my time waiting in a huge line with no guarantees and walked out the door and ordered it from Amazon.

For $50 they lost a sale and coincidentally that store is on the closing list above. I mainly buy just BluRays if the sale price is good. The bonus is when I can also use a coupon which Disney offers from time to time.

32 posted on 04/16/2012 12:09:17 PM PDT by I Drive Too Fast
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To: itsahoot

The other day I was looking for some Sony 3D Glasses, I went in to the local BB, and was told to go on line and find them.


33 posted on 04/17/2012 6:48:36 AM PDT by Mark was here (When Drano is outlawed, only outlaws will have clear drains.)
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