November 25, 2020

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Microsoft announces closure of almost all its stores

New York . Microsoft announced today that it is going to permanently close most of its stores around the world, where laptops and other equipment are physically displayed.

Like other retailers, the software giant and computers had had to temporarily close their stores due to the pandemic of coronavirus . According to its page, Microsoft has 83 stores worldwide, 72 of them in the United States. Friday's announcement of a permanent closure reflects what the company called "a strategic shift" in its retail business as sales are more focused on the internet.

Microsoft said it will continue "Reinterpreting" the physical spaces in its four mega-centers "Microsoft Experience Centers" in New York, London, Sydney and at the company's headquarters in Redmond, Washington.

The company specified that all employees will have the Opportunity to Stay at Microsoft.

Microsoft Corp. said the closings will result in a pre-tax charge of $ 450 million – 5 cents a share – in the quarter ending June 30. The company did not mention layoffs.

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