•   
  •   

Tech & Science Bose Is Closing 119 Stores (Including All Of Its Australian Ones)

04:41  16 january  2020
04:41  16 january  2020 Source:   gizmodo.com.au

Hundreds of jobs lost as Harris Scarfe prepares to shut 21 stores

  Hundreds of jobs lost as Harris Scarfe prepares to shut 21 stores Collapsed Australian department store Harris Scarfe has informed hundreds of workers they will lose their jobs in a round of store closures.Deloitte Restructuring Services partner Vaughan Strawbridge informed 440 workers their positions with the business, which fell into recievership last December, will be affected by the closures yesterday.

Bose plans to close its entire retail store footprint in North America, Europe, Japan, and Australia . That adds up to a total of 119 stores , according to a spokesperson. In other parts of the world, Bose stores will remain open, including approximately 130 stores located in Greater China and the United

The company on Thursday said it will be closing 119 of its "remaining" stores in North America, Europe, Japan Bose said it will offer outplacement assistance and severance to affected employees. But the company is keeping additional details, including the number of employees affected, private.

a close up of a person wearing glasses: Image: Supplied© Supplied Image: Supplied

Bose has announced its intention to close 119 of its brick and mortar stores across Australia, Europe, Japan and North America.

This will result in job losses for a significant number of retail employees as the company moves towards a more online-focused business model.

While Bose is known for its headphones, in recent years the company has added smart speakers to its product lineup. It also also experimented with other audio accessories, such as Sleep Buds and Frames - sunglasses that are also headphones.

The first Bose store opened in 1993 and enabled customers to try the products in private demonstrations. While e-commerce seems like a logical reason to pull out of physical stores in 2020, this eliminates customer ability to try Bose's high-end wares ahead of purchase. Considering that its headphones alone tend to range from $230 - $600, this could be a sticking point for consumers.

Fashion retailer Bardot to shut 58 shops, hundreds of job losses expected

  Fashion retailer Bardot to shut 58 shops, hundreds of job losses expected Womenswear chain Bardot is shutting the majority of its stores across the country, with just 14 bricks and mortar locations to remain open in New South Wales and Victoria. Fifty-six stores are scheduled to close by March. Two stores — in Hobart and Knox, Victoria — already shut in early December.The fashion chain entered administration in November, one of a slew of retailers to do so last year as conditions in the sector deteriorated.Bardot had 72 stores across all states and territories and employed 800 staff at the time it fell into administration.

Bose Corp. said Wednesday that it plans to close all of its US stores , part of a broader move by the Framingham-based audio technology company to “It’s still difficult, because the decision impacts some of our amazing store teams who make us proud every day. Bose was started in 1964 by Amar

Bose announced that it will be closing down its retail store operation in favor of a larger e-commerce presence. According to information obtained by The Verge, Bose retail stores in those four territories are In total Bose says around 119 stores will be closed down in the coming months, but

However, Bose does offer a 30-day 'excitement guarantee' which basically works as a 30 day trial. If you're unhappy with the product you can send it back for a full refund, including shipping costs. So that's something.

It's unclear how many employees will lose their jobs due to the closures, but we expect it to be in the hundreds."Bose will be offering outplacement assistance and severance to affected employees. Additional details, including the number of employees affected, will remain private," said a Bose spokesperson to Gizmodo over email.

Despite the multi-continent store closures, around 130 stores will remain open across the globe in Across the United Arab Emirates and Asia.

You can read the full statement from Bose below:

Video game retailer EB Games is shutting 19 'unprofitable' stores across Australia this month

  Video game retailer EB Games is shutting 19 'unprofitable' stores across Australia this month The days of the massive sale, for some stores, are coming to an end. EB Games customers have received notices overnight that stores in the ACT, New South Wales, Victoria, Queensland, South Australia and Western Australia, will be shutting down before the end of the month. A Kotaku Australia reader got in touch earlier this week letting letting us know that staff had been told at four Adelaide stores would be closing down by the end of the month. The layoffs are much further, however, with OzBargain posters receiving emails from EB stores across Australia, letting them know their local joint was affected.

Bose on Wednesday said it's closing 119 store locations across North America, Europe, Australia and Bose 's first US store opened in 1993. The company now says its products are increasingly being purchased Around 130 Bose stores will reportedly remain open in Asia and the Middle East.

Walmart is closing 63 Sam’s Club locations nationwide, according to Business Insider. Several employees reached out to Q13 News on Thursday saying that Western Washington locations were Customers took to social media with questions about why their local Sam’s Club stores were shuttered.

Given the dramatic shift to online shopping in specific markets, Bose plans to close its remaining 119 retail stores across North America, Europe, Japan and Australia over the next several months. In other parts of the world, Bose stores will remain open, including approximately 130 stores located in Greater China and the United Arab Emirates; and additional stores in India, Southeast Asia, and South Korea.

In 1993, Bose opened its first store in the United States to provide personal, private demonstrations for Wave music systems and Lifestyle home theater systems. As smartphones changed the industry, the company’s focus turned to mobile, Bluetooth, and Wi-Fi solutions. Today, Bose noise-cancelling headphones, truly wireless sport earbuds, portable speakers, and smart speakers are increasingly purchased through e-commerce, including Bose.com; and Bose is a larger multi-national company, with a localized mix of channels tailored for a country or region.

EB Games to shutter 19 stores as digital competition bites

  EB Games to shutter 19 stores as digital competition bites EB Games has announced it will close 19 unprofitable locations as digital competition bites the veteran specialty retailer.The Gamestop-owned chain confirmed the move after Kotaku Australia was made aware of pending closures earlier this week, saying the decision has come after “careful consideration”.

The number of stores closing was disclosed recently. "In order to remain viable, the company, like so many others in its industry, must realign its business to The Limited and Wet Seal are closing or have already closed all of their stores nationwide following bankruptcies. American Apparel also is

Lowe's is closing 51 stores , including one in central Pennsylvania. Ellison, who joined the company in May, has already made some big strategic decisions, including closing all of its Orchard Supply Hardware stores and slashing inventory at its Lowe's stores .

“Originally, our retail stores gave people a way to experience, test, and talk to us about multi-component, CD and DVD-based home entertainment systems,” said Colette Burke, vice president of Global Sales, Bose Corporation. “At the time, it was a radical idea, but we focused on what our customers needed, and where they needed it – and we’re doing the same thing now. It’s still difficult, because the decision impacts some of our amazing store teams who make us proud every day. They take care of every person who walks through our doors – whether that’s helping with a problem, giving expert advice, or just letting someone take a break and listen to great music. Over the years, they’ve set the standard for customer service. And everyone at Bose is grateful.”

Bose will be offering outplacement assistance and severance to affected employees. Additional details, including the number of employees affected, will remain private.

Bose to shut all retail stores in Australia in move towards online shopping .
The American company has announced it will be closing physical retail stores in Australia, Europe, Japan and North America. Employees at these stores will lose their jobs, with Bose saying "outplacement assistance" and "severance" will be offered. require(["inlineoutstreamAd", "c.

—   Share news in the SOC. Networks

Topical videos:

usr: 19
This is interesting!