Thread regarding Best Buy layoffs

Best Buy at Arundel Mills to close, lay off 47 workers

https://www.bizjournals.com/baltimore/news/2021/09/01/arundel-mills-best-buy-closing-oct30.html

by
| 835 views | | 3 replies (last )
Post ID: @OP+1cDhTp1D

3 replies (most recent on top)

You do realize the title of the post is the title of the article, right?

by
|
Post ID: @ify+1cDhTp1D

It doesn't say 47 layoffs. There may be zero. Bulls**t title to your thread.

by
|
Post ID: @ooj+1cDhTp1D

Best Buy at Arundel Mills will close for good on Oct. 30 after its lease at the mega shopping mall in Hanover expires.

A Best Buy spokesman said Wednesday a decision was made to shutter the big box electronics and tech store at Arundel Mills "as part of our regular and ongoing review process of stores as leases come up for renewal." Best Buy is one of 16 anchors at the mall and is located on the main floor. Its lease expires at the end of October.

Best Buy, which also features the Geek Squad as a roaming computer service, has other Greater Baltimore stores in Timonium, Owings Mills, Columbia and Glen Burnie.

"The decision to close a store is never an easy one, and we are so grateful for our Hanover-area customers who have shopped with us over the years," said Best Buy spokesman Kevin Flanagan, in an email to the Baltimore Business Journal. "Customers can continue to shop with us at our nearby Columbia and Glen Burnie locations, as well as on BestBuy.com."

The Hanover store has 47 employees. Flanagan said Best Buy is working to help them find new employment opportunities at its other stores or facilities in the Baltimore metro area.

The company on Monday filed a notice to lay off its entire workforce at the Arundel Mills store with the Maryland Department of Labor on its Work Adjustment and Retraining Notification, or WARN, log.

The closure is the latest big box retailer in the Baltimore metro area to shut its doors amid the Covid-19 pandemic and an ongoing reset of brick-and-mortar shopping in the era of e-commerce. Local retailing brokers say the situation remains fluid as stores reopen and more people are being vaccinated against Covid.

Giant national retailer Sears shut all of its stores, some located at malls and shopping centers in Baltimore at Hunt Valley Towne Centre and the White Marsh Mall. J.C. Penney is in the midst of a reconfiguration of all of its stores under a national restructuring, and Nordstrom last year announced it was closing its store at Westfield Annapolis.

The 1.9 million square foot, 20-year-old Arundel Mills is considered the largest shopping mall in Maryland with 225 stores. A majority of it is owned by the Indiana-based Simon Property Group, which is also the mall manager.

Officials of Simon Property Group were unavailable for comment on Wednesday.

Last month, national outdoor retailer Sun & Ski Sports said it had leased a 30,000 square-foot space at Arundel Mills that formerly held a Modell's Sporting Goods. Modell's closed all nine of its stores in Maryland last year in bankruptcy.

Another large retailer at the mall, Medieval Times, closed for more than a year as the pandemic took hold of the market. It reopened this spring with new safety protocols.

by
|
Post ID: @vqk+1cDhTp1D

Post a reply

: