{"id":8651,"date":"2021-02-26T14:55:54","date_gmt":"2021-02-26T20:55:54","guid":{"rendered":"https:\/\/waxahachie360.com\/?p=8651"},"modified":"2021-02-26T14:55:54","modified_gmt":"2021-02-26T20:55:54","slug":"announcement-casts-doubts-on-waxahachie-best-buy-location","status":"publish","type":"post","link":"https:\/\/waxahachie360.com\/waxahachie-news\/2021\/02\/26\/announcement-casts-doubts-on-waxahachie-best-buy-location\/","title":{"rendered":"Announcement casts doubts on Waxahachie Best Buy location"},"content":{"rendered":"\n

Best Buy to close more locations in the U.S., lays off 5,000 workers<\/strong><\/p>\n\n\n\n

Blaming a shift toward online retail amid a global pandemic, Best Buy announced the company will close more of its 1,000 remaining stores in the coming year, leaving the future of the Waxahachie location uncertain.<\/p>\n\n\n\n

As reported today in an article<\/a> by USA Today, the CEO of the Minneapolis-based chain of home electronics stores, Corie Barry says trends among shoppers to stay home and buy online to avoid crowds during the COVID-19 pandemic have forced the retailer to slate more stores for closing and revamp many existing stores to serve more as hubs for coordinating the home delivery of items bought online.<\/p>\n\n\n\n

In early February, Best Buy laid off 5,000 full-time workers whom it will replace with 2,000 part-time workers in a move many retailers make to skirt around worker protection laws and avoid offering benefits such as health insurance and retirement packages to their workforce.<\/p>\n\n\n\n

Altogether, the company has shrunk its workforce from around 121,000 employees to about 100,000 in the last year — a 17% decline.<\/p>\n\n\n\n

USA Today reports the revamped stores will allot more floor space to accommodate curbside pickup orders.<\/p>\n\n\n\n

The move comes as the company reports an 89% rise in online sales and a powerful 10% jump in profits in just one three-month period at the end of 2020. <\/p>\n\n\n\n

The company has yet to release a list of stores that will be closed or restructured, leaving the Waxahachie location’s future and that of its employees uncertain.<\/p>\n\n\n\n

Before you go, you may like:<\/em><\/strong><\/p>\n\n\n","protected":false},"excerpt":{"rendered":"

Best Buy to close more stores in 2021, revamp some remaining locations.<\/p>\n","protected":false},"author":1,"featured_media":5744,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"Best Buy to close more stores in 2021, revamp some remaining locations.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"Announcement casts doubts on Waxahachie Best Buy location","_seopress_social_fb_desc":"Best Buy to close more stores in 2021, revamp some locations for online orders.","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"Announcement casts doubts on Waxahachie Best Buy","_seopress_social_twitter_desc":"Best Buy to close more stores in 2021.","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"","_wp_convertkit_post_meta":{"form":"-1","landing_page":"0","tag":"0","restrict_content":"0"},"footnotes":""},"categories":[12],"tags":[],"class_list":["post-8651","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","infinite-scroll-item","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/waxahachie360.com\/waxahachie-news\/wp-json\/wp\/v2\/posts\/8651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/waxahachie360.com\/waxahachie-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/waxahachie360.com\/waxahachie-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/waxahachie360.com\/waxahachie-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/waxahachie360.com\/waxahachie-news\/wp-json\/wp\/v2\/comments?post=8651"}],"version-history":[{"count":0,"href":"https:\/\/waxahachie360.com\/waxahachie-news\/wp-json\/wp\/v2\/posts\/8651\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/waxahachie360.com\/waxahachie-news\/wp-json\/wp\/v2\/media\/5744"}],"wp:attachment":[{"href":"https:\/\/waxahachie360.com\/waxahachie-news\/wp-json\/wp\/v2\/media?parent=8651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/waxahachie360.com\/waxahachie-news\/wp-json\/wp\/v2\/categories?post=8651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/waxahachie360.com\/waxahachie-news\/wp-json\/wp\/v2\/tags?post=8651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}