Best Buy, one of the rare retailers to flourish during the coronavirus pandemic, said it plans to accelerate its efforts to right-size its real estate and employee base to adapt to the rise of online shopping, which means that many store leases will likely be allowed to lapse.
Best Buy Reveals Plans To Pare Down Stores, Cut Staff
Electronics Retailer's Headcount Fell 17% Over Last Fiscal Year
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In