Best Buy Reveals 42 Stores to Be Closed

tvpredictions.com ^ | April 15, 2012 | Phillip Swann

[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

[mountainlion]

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

[stormhill]

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.

[Publius Valerius]

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

[palmer]

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

[palmer]

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.

[MinuteGal]

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

[Gaffer]

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.

[Paradox]

"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.

[zeugma]

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.

[TheOldLady]

Click his tootsies!

Viking Kitty is calling for monthly donors!
Donate monthly and help to end FReepathons

Sponsors will yack up $10
every time a new monthly donor signs up

[itsahoot]

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.

[I Drive Too Fast]

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.

[Mark was here]

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.