Saturday, Sep 18, 2021
Outlook.com
Outlook.com

Microsoft announces to permanently shut all its 83 retail stores

Microsoft announces to permanently shut all its 83 retail stores
outlookindia.com
1970-01-01T05:30:00+0530
Microsoft announces to permanently shut all its 83 retail stores

Redmond, June 26 (IANS) Microsoft on Friday announced to permanently close its 83 retail stores and will now focus on its online store and retail team members will continue to serve customers from Microsoft corporate facilities and remotely providing sales, training, and support.

Microsoft will continue to invest in its digital storefronts on Microsoft.com, and stores in Xbox and Windows, reaching more than 1.2 billion people every month in 190 markets.

The company will also reimagine spaces that serve all customers, including operating Microsoft Experience Centers in London, NYC, Sydney, and Redmond campus locations.

The closing of Microsoft Store physical locations will result in a pre-tax charge of approximately $450 million, or $0.05 per share, to be recorded in the current quarter ending June 30, 2020.

"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.

Shares of Microsoft were down about 1.5 per cent on Friday.

"We are grateful to our Microsoft Store customers and we look forward to continuing to serve them online and with our retail sales team at Microsoft corporate locations."

Since the Microsoft Store locations closed in late March due to the COVID-19 pandemic, the retail team has helped small businesses and education customers digitally transform; virtually trained hundreds of thousands of enterprise and education customers on remote work and learning software; and helped customers with support calls.

The team supported communities by hosting more than 14,000 online workshops and summer camps and more than 3,000 virtual graduations.

Microsoft said that the retail team members will serve consumers, small-business, education, and enterprise customers, while building a pipeline of talent with transferable skills.

"The Microsoft Store team has long been celebrated at Microsoft and embodies our culture," said Microsoft Chief People Officer Kathleen Hogan.

--IANS

na/


Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: IANS

More from Website

India Registers 35,662 New Covid-19 Cases, Active Cases Spike To 3,40,639

India Registers 35,662 New Covid-19 Cases, Active Cases Spike To 3,40,639

The Union Health Ministry said the active cases now comprise 1.02 per cent of the total infections.

Anguished Over Sub Marine Deal, France Recalls Envoys From US, Australia

Anguished Over Sub Marine Deal, France Recalls Envoys From US, Australia

The relationship conceived in 18th century revolutions appeared at a tipping point after the US, Australia and Britain shunned France in creating a new Indo-Pacific security arrangement.

Batman Day: All You Need To Know About Bruce Wayne aKa The Worlds Most Popular Superhero!

Batman Day: All You Need To Know About Bruce Wayne aKa The Worlds Most Popular Superhero!

From the first ever appearance in 1939, to the portrayals in films and TV over the years, here’s some unknown facts about one of the earliest superheroes – Batman.

More from Outlook Magazine

Crouching Tigers

Crouching Tigers

Ghee Bowman brings to light the forgotten story of an Indian force’s role in the Battle of France and their fighting withdrawal through Dunkirk. In this excerpt, individual units arrive in northern France and take their positions, awaiting the Wehrmacht onslaught.

Outlook-ICARE India’s Top Universities Rankings 2021: Top 21 Private Medical Universities

Outlook-ICARE India’s Top Universities Rankings 2021: Top 21 Private Medical Universities

Outlook's annual ranking of India’s top 21 Private Medical Universities in 2021 will help students make an informed choice.

Outlook-ICARE India’s Top Universities Rankings 2021: Top 15 Government Medical Universities

Outlook-ICARE India’s Top Universities Rankings 2021: Top 15 Government Medical Universities

Outlook's annual ranking of India’s top 15 Government Medical Universities in 2021 will help students make an informed choice.

Advertisement

Outlook Newsletters

Advertisement