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Friday, March 30, 2012

BEST BUY IMPLODES: Misses Revenue, Firing 400, Closing 50 Stores - Yahoo! Finance

BEST BUY IMPLODES: Misses Revenue, Firing 400, Closing 50 Stores - Yahoo! Finance


Kindle Store
Best Buy store in Glendale, Calif. (AP Photo/Damian Dovarganes)

Best Buy in trouble, closing 50 stores

The big electronics chain is laying off 400 employees and refocusing around a new strategy.

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