Best Buy shrinking some store footprints to focus on order fulfillment

Best Buy turning retail floor space into e-commerce fulfillment centers

Best Buy (NYSE: BBY) will trial smaller retail sales floors in a few markets as it looks to maximize space for e-commerce order fulfillment, Bloomberg reported Wednesday morning. Best Buy first announced the move during its November 2020 earnings call.

According to the latest report, store shopping space will shrink from 27,000 square feet to approximately 15,000 square feet in the locations, with the remainder used for preparing online orders for either in-store pickup or delivery.

The news...

https://www.freightwaves.com/news/best-buy-shrinking-some-store-footprints-to-focus-on-order-fulfillment

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