Best Buy, the U.S. electronics retailing chain, recently announced the locations of 48 stores to be closed. The chain has been struggling for a while, and strategically plans to reduce their store sizes and shift towards a new line of storefront shops specializing in mobile devices. This could be a symptom of the End of Retail.
However, based on a google map evaluation of each store slated for closure, I found that they are:
- 50% are in exurban and small town locations
- 39% are in suburban areas and small cities
- 13% are in central cities.
Looks in line with the End of Exurbia meme instead.