Friday, March 30, 2012

Best Buy Loses $1.7 Billion, Closes 50 US Stores

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Friday · March 30, 2012
   
Product Feature
Best Buy Closing 50 US Stores After $1.7B Quarterly Loss
Best Buy reported a fourth quarter loss of $1.7 billion, which results in the big-box retailer closing 50 U.S. stores and cutting $800 million in costs by fiscal 2015.

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