Microsoft: closing physical stores
(CercleFinance.com) - Microsoft has announced a strategic change in its distribution operations, with the closure of all of its physical stores, which will result in a pre-tax charge of approximately 450 million dollars in its accounts for the current quarter.
However, the IT giant says it will continue to invest in its digital distribution channels, such as Microsoft.com, which it says reaches over 1.2 billion people each month in 190 markets.
The Redmond (Washington State) based group adds that it will "reimagine spaces that serve all customers, including operating Microsoft Experience Centers in London, NYC, Sydney, and Redmond campus locations".
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