Best Buy to Close All Retail Stores in China

The world’s largest consumer electronics retailer, Best Buy announced its plan to close all nine retail stores in China and its headquarters in Shanghai. About 1,000 full-time employees will be laid off.
Best Buy to Close All Retail Stores in China
Best Buy announced its plan to close all nine retail stores in China and its headquarters in Shanghai. About 1,000 full-time employees will be laid off. Justin Sullivan/Getty Images
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/72810587.jpg" alt="Best Buy announced its plan to close all nine retail stores in China and its headquarters in Shanghai. About 1,000 full-time employees will be laid off.  (Justin Sullivan/Getty Images)" title="Best Buy announced its plan to close all nine retail stores in China and its headquarters in Shanghai. About 1,000 full-time employees will be laid off.  (Justin Sullivan/Getty Images)" width="320" class="size-medium wp-image-1807769"/></a>
Best Buy announced its plan to close all nine retail stores in China and its headquarters in Shanghai. About 1,000 full-time employees will be laid off.  (Justin Sullivan/Getty Images)