Best Buy to Close These 50 Stores Soon

by Angela Nazworth | April 16, 2012 12:41 pm

Battered big-box retailer Best Buy (NYSE:BBY[1]) last month announced its intentions to close 50 of its stores this year. Two of the stores — one in Kansas City, Mo., and one in Scottsdale, Ariz. — have already been closed.

The electronics retailer kept 42 of those locations secret until April 14. Best Buy intends to permanently close most of these locations by May 12. The rest of the 50 are expected to shut their doors for good sometime this summer.

Best Buy said it will help employees at the fated locations find other positions inside Best Buy.

Here is the complete list of doomed stores.

Casa Grande: 1004 N. Promenade Parkway, Casa Grande, Ariz.
Lake Pleasant: 10134 W. Happy Valley Road,Peoria, Ariz.
East Palo Alto: 1751 E. Bayshore Road, East Palo Alto, Calif.
Westwood: 10861 Weyburn Avenue, Los Angeles, Calif.
Manteca: 934 Perimeter Drive, Manteca, Calif.
Moreno Valley East: 272200 Eucalyptus, Moreno Valley, Calif.
Ontario: 4120 E. 4th Street, Ontario, Calif.
Pittsburg: 4405 Century Boulevard, Pittsburg, Calif.
Jamboree: 2857 Park Avenue, Tustin, Calif.
Arapahoe & Parker:15800 E. Briarwood Circle, Aurora, Colo.
The Forum: 9370 Dynasty Drive, Fort Meyers, Fla.
Oldsmar: 116555 W. Hillsborough Avenue, Tampa, Fla.
Fayetteville: 128 Pavilion Parkway, Fayetteville, Ga.
Loganville: 4014 Atlanta Highway, Loganville, Ga.
Addison: 1038 N. Rohlwing Road, Addison, Ill.
87th & Dan Ryan: 8900 S. Lafayette Avenue, Chicago, Ill.
Deerfield: 200 S. Waukegan Road, Deerfield, Ill.
Matteson: 4707 Lincoln Drive, Matteson, Ill.
Mundelein: 1100 N. Route 83, Mundelein, Ill.
West Dundee: 979 W. Main Street, West Dundee, Ill.
Speedway: 10500 Parallel Parkway, Kansas City, Kan.
Back Bay: 360 Newbury Street, Boston, Mass.
Wareham: 2421 Cranberry Highway, Wareham, Mass.
Inner Harbor: 600 E. Pratt Street, Baltimore, Md.
Hunt Valley: 118 Shawan Road, Hunt Valley, Md.
Biddeford: 405 Mariner Way, Biddeford, Maine
Brooklyn Center: 5925 Earle Brown Drive, Brooklyn Center, Minn.
Edina: 3200 Southdale Circle, Edina, Minn.
Hutchinson: 1350 Highway 15 S., Hutchinson, Minn.
Lakeville: 18350 Orchard Trail, Lakeville, Minn.
Rochester South: 4540 Maine Avenue SE., Rochester, Minn.
Rogers: 20870 Rogers Drive, Rogers, Mo.
Ellisville: 15678 Manchester Road, Ellisville, Mo.
Monroe: 3151 W. Highway 74, Monroe, N.C.
Rocky Mount: 1100 N. Wesleyan Boulevard, Rocky Mount, N.C.
Millard: 12210 K Plaza, Omaha, Neb.
East River Plaza: 517 E. 117th Street, New York, N.Y.
Steelyard Commons: 3506 Steelyard Drive, Cleveland, Ohio
Salem Mall: 5031 Salem Avenue, Dayton, Ohio
Caguas: Las Americas Expry PR52 Zafiro, Caguas, Puerto Rico
Middletown: 890 W. Main Road, Middletown, R.I.
Hickory Hollow: 5255 Hickory Hollow Parkway, Antioch, Tenn.
Techridge: 12901 N. I-35, Austin, Texas
Woodlake Parkway: 6218 Woodglen, San Antonio, Texas
Landmark Mall: 5901 Stevenson Avenue, Alexandria, Va,
Cosner’s Corner: 9745 Jefferson Davis Highway, Fredericksburg, Va.
East Richmond: 4410 S. Laburnum Avenue, Richmond, Va.
Mill Plain: 16611 S.E. Mill Plain Boulevard, Vancouver, Wash.

Endnotes:

  1. BBY: http://studio-5.financialcontent.com/investplace/quote?Symbol=BBY

Source URL: https://investorplace.com/2012/04/best-buy-to-close-these-50-stores-soon/