Microsoft is Permanently Closing All of Its Retail Stores

Microsoft is Permanently Closing All of Its Retail Stores

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Microsoft has announced that it's permanently closing all of its retail stores.

Three former Microsoft Store locations will be transformed into experience centers and store employees will continue to serve customers remotely.

Microsoft Corp today announced a strategic change in its retail operations, including closing Microsoft Store physical locations. The company’s retail team members will continue to serve customers from Microsoft corporate facilities and remotely providing sales, training, and support. Microsoft will continue to invest in its digital storefronts on Microsoft.com, and stores in Xbox and Windows, reaching more than 1.2 billion people every month in 190 markets. The company will also reimagine spaces that serve all customers, including operating Microsoft Experience Centers in London, NYC, Sydney, and Redmond campus locations. The closing of Microsoft Store physical locations will result in a pre-tax charge of approximately $450M, or $0.05 per share, to be recorded in the current quarter ending June 30, 2020. The charge includes primarily asset write-offs and impairments.

“Our sales have grown online as our product portfolio has evolved to largely digital offerings, and our talented team has proven success serving customers beyond any physical location,” said Microsoft Corporate Vice President David Porter. “We are grateful to our Microsoft Store customers and we look forward to continuing to serve them online and with our retail sales team at Microsoft corporate locations.”

More details in the full announcement linked below!

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Microsoft is Permanently Closing All of Its Retail Stores

alinboy - June 27, 2020 at 10:31am
Is coming slow the new world order or new agenda! everywhere in the world no more privacy no more freedom, everything will be changing, Turn to Jesus Christ before is to late to everyone of you. Only Jesus Christ can save you from sins, save your soul to not going in hell. Believe it in Jesus Christ read John book from holy bible. God said in John 3:16 Because God loved the world, that he gave his only son, because whoever believes in Him not to perish, but to have eternal life. John 3:17 God, in the truth, did not send His Son to the world to judge the world, but for the world to be saved through Him. Amen
1reader - June 28, 2020 at 3:59am
Agree ... this virus is changing everything and people will have to comply to get back their lives. - Privacy for security -
BritBratExpat - June 26, 2020 at 3:35pm
Good. No bill gates can focus on his “vaccines”. 🙄
1reader - June 26, 2020 at 3:43pm
Haha 😂 sounds about right. “Let reduce those cockroaches” Billionaires can live forever!
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