Best Buy on Broadway closes

Get ready to say goodbye to Best Buy, Upper West Side. The consumer electronics retail giant has more than 1,100 locations across the United States, but a sign in the storefront at 1880 Broadway between West 61st and 62nd Streets says the last day of this location will be October 29.

best buy closes october 29

Walking through the store on Friday, September 23, we saw glaring writing on the shelves. For starters, an entire section of Bluetooth headphones was empty.

Best Buy 1880 Broadway closes

Additionally, the third level downstairs, specializing in home theaters, never reopened after suffering flooding from Hurricane Ida in September 2021.

Opening Target across the street probably didn’t help either.

In an Aug. 30 article, The Wall Street Journal reported that “Best Buy’s U.S. same-store sales were down 12.7% year-over-year in its quarter ending May. July 30”. He went on to point out how during the pandemic “many shoppers spent freely on a range of products such as electronics and outdoor heat lamps as they had more time at home”, but this trend has started changing amid rising costs every day. goods.

Inflation was another observation made, while “the company said more and more customers are turning to private label televisions, for example. Customers are still willing to pay for cellphones and video games, categories in which they tend to be more picky about brands. »

We asked a Best Buy staffer if any big sales could be expected for the close. We were told, “No, they’ll just take what’s left and send it to another store.” Best Buy operates five other locations in Manhattan, but the rep wasn’t sure if any of those stores would close as well.

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