Best Buy to Shutter 250 Mobile-Focused Stores
Best Buy will close 250 of its small store stores, which are mostly located in malls and focus on selling mobile devices. "The mobile phone business has matured, margins have compressed and the cost of operations in our mobile standalone stores is higher than in our big box stores," said Best Buy in a memo seen by Reuters. The bulk of the stores will be closed by May 31. Best Buy noted that the stores, often just 1,400 square feet, contributed only 1% to its overall revenue. The typical Best Buy store is about 40,000 square feet. The move doesn't impact Best Buy stores in Canada. Best Buy said it will do what it can to help its mobile-focused employees migrate to other positions at its larger stores. Best Buy's 1,000 big box stores will continue to sell wireless goods and services.
HTC 10 Re-Focuses On the Camera and BoomSound
Apr 12, 2016
HTC today announced the 10, its flagship handset for 2016. This Android phone carries forward an aluminum design, for which HTC has become known, and makes big improvements to the camera, software, and other core features.
Sprint's 'Magic Box' Is An In-Home Small Cell to Help Improve Coverage
May 3, 2017
Sprint today announced the Magic Box, a tool Sprint hopes consumers and businesses will use to help it densify its LTE network. The Magic Box is similar to a signal booster in that owners place it in a window.
Samsung Galaxy Note8 Adopts Infinity Display, Dual Camera
Aug 23, 2017
Samsung today announced the Galaxy Note8, its top-end flagship smartphone with a huge display and S Pen stylus. The Note8 eschews the blockier design language of previous generations for the svelte look of the Galaxy S8 and S8+.
Apple to Offer Official Screen Repairs At More Places
Jun 7, 2017
Apple plans to make it easier to repair damaged or broken iPhone screens by distributing its proprietary fix-it machine to third-party stores. Apple Stores use a custom device called the Horizon Machine, which is about the size of a microwave oven, to replace cracked iPhone screens.