Best Buy will only close one of its 20 DC-area stores—at Howard Hughes Corp-owned Landmark Mall in Alexandria—as part of its effort to cut costs. The company's decision to close stores is most likely a reflection of the big-box formula struggling against e-retailers," says Retail Development and Leasing Partner Janis Schiff. "My guess is that this is more a trimming than cutting. Other companies have done the same thing."
Please note that email communications to the firm through this website do not create an attorney-client relationship between you and the firm. Do not send any privileged or confidential information to the firm through this website. Click "accept" below to confirm that you have read and understand this notice.