Best Buy closing 250 small-format mobile phone stores

Best Buy plans to close all of its 250 small-format mobile phone stores in the U.S. by the end of May. The stores — most of which are in shopping malls, and at 1,400 square feet are much smaller than Best Buy’s 40,000-square-foot big-box stores — have become less profitable for the Richfield-based electronics chain.
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