Best Buy plans to close all of its 250 small-format mobile phone stores in the U.S. by the end of May. The stores — most of which are in shopping malls, and at 1,400 square feet are much smaller than ...

NEW YORK— Best Buy (BBY) is shuttering all 250 of its small-format mobile phone stores in the U.S., saying the locations have become less profitable. A memo from the CEO to employees says the stores ...

Best Buy said it will shut 250 small mobile phone stores in U.S. malls. The cost of operations in the mobile standalone stores is higher than in the big-box stores. The mobile stores, which ...

Best Buy Co.BBY-1.37%decrease; red down pointing triangle said Wednesday it will be closing all of its 250 mobile-phone stores in the U.S. by end of May, the latest retail chain to shrink its ...

Best Buy’s fleet of stand-alone mobile phone stores, once envisioned to grow to 1,000 locations, will soon be no more. The retailer said it plans to pull the plug on its small-format Best Buy Mobile ...

U.S. big box retailer Best Buy on Wednesday announced the imminent closure of 250 satellite stores dedicated to mobile phone sales, pinning the nationwide shutdown on sluggish sales amidst increased ...