Best Buy Going Out Of Business 2025. Consumers still feel economic and inflationary pressures, which the. Matt bilunas, best buy’s chief financial officer, told investors that the retailer expects to close 10 to 15 stores.
According to kabc, best buy announced in a recent earnings call that it will close 24 stores in the current fiscal year and will close another ten to 15 in the 2025 fiscal year. The consumer electronics company confirmed this spring that 24 stores were axed in 2023 and outlined plans for.