Business

Best Buy closing 2 stores in the Bay Area

Saturday, April 14, 2012
Best Buy logo

Best Buy announced Saturday the locations of the 50 stores it plans to close this year, and two are in the Bay Area.

The company will shut the doors of its Pittsburg and East Palo Alto stores in less than a month.

The struggling electronics chain is losing ground to discounter Target as well as Amazon.com.

Best Buy lost almost $2 billion in the last quarter.

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