Microsoft closing all physical stores as part of 'strategic change'
Microsoft announced that all physical Microsoft Stores will be closed. The alter is part of a "strategic modify" and volition run into Microsoft push more try and money into its digital storefronts. Microsoft announced the change in a new post today.
Microsoft states that its retail team members "volition continue to serve customers from Microsoft corporate facilities and remotely providing sales, training, and support." Microsoft volition also continue to invest in its digital storefronts on its website as well as on Xbox consoles and Windows x.
Microsoft will "reimagine" some spaces, repurposing them to "serve all customers," according to Microsoft. The Microsoft Feel Centers in London, New York Metropolis, Sydney, and on Redmond campus are amidst the stores that will be repurposed.
Microsoft highlights that since it airtight physical stores in response to the current global pandemic, retail team members have helped small business concern and instruction customers with virtual preparation and customer support. Microsoft states that its "retail team members will serve consumers, small-business, education, and enterprise customers, while building a pipeline of talent with transferable skills."
While physical stores will close, Microsoft points out that its digital storefronts achieve 190 markets around the earth.
CNBC's Todd Haselton reports that all employees from Microsoft Stores will have a adventure to stay at Microsoft. A Microsoft spokesperson later confirmed this to us likewise.
Microsoft's news post states that "The closing of Microsoft Store physical locations will issue in a pre-tax charge of approximately $450M, or $0.05 per share." These will be recorded in the current quarter, which ends on June 30, 2022.
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Source: https://www.windowscentral.com/microsoft-closing-all-physical-stores-part-strategic-change
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