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Old 01-15-2015, 12:21 PM   #1
Regular_John
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Join Date: Feb 2010
Location: Calgary
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Default Sony to close all its stores in Canada

2015 is off to a rough start.

Quote:
http://ottawacitizen.com/business/lo...ores-in-canada

Sony Corp. will close all 14 of its Sony Stores across Canada as the company continues to struggle to reshape its business.

The company made the announcement on Thursday in a memo to the employees of its stores, one of which is located here in Ottawa at the Bayshore Shopping Centre, telling them that the stores will cease operations within the next two months.

The company confirmed the news in a statement released to The Citizen.
Although I do feel like brick & mortar retail stores have been circling the drain for a few years now. The never ending "sales" always suggested to me that the business was kinda flawed if they were never able to sell anything at full retail cost.

Future Shop next?
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