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Best Buy Closing 257 Stand-Alone Mobile Stores

Best Buy Co. Inc. (NYSE:BBY) yesterday announced plans to close its 257 remaining Best Buy Mobile stand-alone stores in the U.S. effective May 31. The decision will impact from about 285,000 to 350,000 square feet of inline mall store space based on the average size range of the stores. Best Buy, which began rolling out the specialty stores in 2007 and had most opened by the end of 2011, cited changes in the mobile phone business for its decision…

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