Tuesday, July 15, 2025

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

Iranian president lightly wounded while escaping Israeli attack in June

(Al Jazeera Media Network) Iran’s President Masoud Pezeshkian suffered minor injuries in an Israeli air strike on a meeting of the Supreme National Security...

Boeing fuel switches safe, regulator says after Air India crash

(BBC News) The US aviation regulator has said fuel control switches in Boeing aeroplanes are safe, following their reported involvement in a fatal Air...