Sony Closing All Canadian Stores

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Following recent rumors that Sony Corporation may be looking to sell its TV and mobile phone divisions, the company has announced that within the next 6 to 8 weeks, all of its stores across Canada will close.

Sony made the announcement in a memo to store employees. The company also sent a statement to media outlets explaining the closure.

“Over the next 6 to 8 weeks we are closing our Sony Stores in Canada and will redirect all of this business through our national network of Sony retailers, our online store… as well as through our Sony-trained Telesales team. Our network of Sony authorized retailers offer a full range of Sony products and will be supported by our in-store Merchandisers and Product Trainers on an ongoing basis in order to ensure that our past customers have continued access to knowledgeable Sales consultants who can support their ongoing Sony electronics needs.

The company has been struggling with some of its divisions lately and is expected to post another large loss at their fiscal year end. The closures will affect 14 stores, and result in 90 layoffs.

What do you think about Sony’s announcement to close it’s Canadian retail stores? Let us know in the comments below, or on Google+, Facebook, or Twitter.

[button link=”http://www.edmontonjournal.com/business/Sony+close+stores+Canada/10731958/story.html” icon=”fa-external-link” side=”left” target=”blank” color=”285b5e” textcolor=”ffffff”]Source: Edmonton Journal[/button][button link=”http://www.theglobeandmail.com/report-on-business/international-business/asian-pacific-business/sony-to-close-all-canadian-retail-locations-in-next-two-months/article22464241/” icon=”fa-external-link” side=”left” target=”blank” color=”285b5e” textcolor=”ffffff”]Source: Globe and Mail[/button]

Last Updated on November 27, 2018.

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