Best Buy Closing 17 Stores Including Missouri & Illinois Places
If you don't believe that being in a retail business is a challenge in 2023, you should see the stores that have just been added to the closings list by Best Buy. Among the 17 stores being shuttered, one is in Missouri and another is in Illinois.
Best Life Online just shared the news that was the result of an earnings call from Best Buy at the beginning of March apparently. The report says that Best Buy is closing 17 stores nationwide and that list includes the following Missouri and Illinois locations:
Best Buy in Algonquin, Illinois
Best Buy in St. Joseph, Missouri
Based on what I can find on the official Best Buy store locations website, both Missouri and Illinois locations have already shut their doors. The Google Maps location finder says "temporarily closed", but the Best Buy site says it's permanent.
The Best Life Online report goes on to say that the store closings won't stop anytime soon. The word is that more locations will shutter their doors over the next two years "depending on performance". Ouch.
One part of the store closings list I found interesting is that Best Buy is even closing a couple of Minnesota stores which is where they first entered the retail space. Sadly, this means even more retail workers will be back on the street looking for new employment as many of these big box companies try to figure out the landscape of business in 2023.