Description: 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.

Source: CBS.com – video report

Date: Mar 01, 2018

Link: https://www.cbsnews.com/news/best-buy-says-goodbye-to-mobile-phone-stores/

Questions for discussion:

Why is management taking this action?

• How have consumer buying behaviors changed since these stores first opened?
• Do you think Best Buy will lose much in the way of sales as a result of this decision?