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microsoft closing stores


The … Microsoft said Friday it is permanently closing nearly all of its physical stores around the world.
Microsoft announced Friday that it is closing its Microsoft Store physical retail locations globally as part of a "strategic change in its retail operations."

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Microsoft Corp. MSFT, -0.07% said Friday it will close all of its physical store locations, as part of the software and cloud giant's new approach to retail. Global Business and Financial News, Stock Quotes, and Market Data and Analysis.Microsoft announces it will permanently close all its retail storesThis company embraced the coronavirus economy and now it is hiring workers "The physical stores generated negligible retail revenue for MSFT and ultimately everything was moving more and more towards the digital channels over the last few years. Microsoft said its retail team members will help on the website instead of in-store.

"Wedbush said it maintained its outperform rating for Microsoft.Most stock quote data provided by BATS.

All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates.Microsoft unveils flagship store in heart of LondonMicrosoft unveils flagship store in heart of LondonFiery exchange erupts at congressional antitrust hearingUnder questioning, Zuckerberg admits Instagram was a 'competitor'Congresswoman grills Facebook CEO on copying competitorsRussian misinformation isn't new. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC.
Chat with us in Facebook Messenger. Microsoft permanently closing nearly all of its stores around the world June 26, 2020 / 12:04 PM / CBS/AP Microsoft said Friday it is permanently closing nearly all of its physical stores … Social media just made it easier to spreadTwitter temporarily limits Donald Trump Jr.'s account Social media giants remove viral video making false coronavirus claimsThis AI technology tracks employees to enforce social distancingPalantir's CEO says its tech is used 'on occasion' to kill people. "This is a tough, but smart strategic decision for Nadella & Co. to make at this point," Wedbush analysts wrote in a Friday note.

All Microsoft Stores have been closed since March due to the coronavirus pandemic. All rights reserved. "Our sales have grown online as our product portfolio has evolved to largely digital offerings, and our talented team has proven success serving customers beyond any physical location," said Microsoft corporate vice president David Porter. A Microsoft spokesperson told CNBC that all the employees will have the opportunity to stay with the company. All rights reserved. Find out what's happening in the world as it unfolds.The company announced Friday it will close down all of its 83 physical stores and switch to online only.The tech giant opened a bunch of locations in high-profile areas, such as Manhattan's Fifth Ave. The company said that employees from the store locations will … New York (CNN Business) Microsoft is getting out of the brick-and-mortar retail business. All times are ET.

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