Sunday, May 24, 2026

Best Buy employees pay the price for online success

Surging momentum toward online sales of electronics has cost 5,000 Best Buy employees their jobs. The workers were laid off this month as Best Buy adjusts to an anticipated 40% of sales through e-commerce in 2021, up from 19% two years ago. The company said it has closed 20 of its stores in each of the past two years with more shutdowns to come. As CNN reports, sales floors will be reduced at many of the existing stores to make way for larger shipping spaces.

 

https://www.cnn.com/2021/02/25/business/best-buy-store-closures-workers/index.html

BIG Media
BIG Media
Our focus is on facts, accurate data, and logical interpretation. Our only agenda is the truth.
spot_img

BIG Wrap

Does U.S. risk running out of key weapons?

(Al Jazeera Media Network) On Thursday, the acting United States Navy secretary, Hung Cao, was asked by a Senate committee about $14 billion in...

At least 82 killed in Chinese coal mine explosion, state media reports

(BBC News) At least 82 people have been killed and two are missing after a coal mine blast in northern China, according to state...