Bose to shut 119 stores across Europe, US and Australia threatening hundreds of jobs
Bose is set to shut all of its physical stores in Europe, the US, Japan and Australia threatening hundreds of jobs.
The audio hardware retailer announced today that it will shut 119 of its physical retail stores in four territories “over the next few months”.
According to The Verge, roughly 130 stores in China, the United Arab Emirates (UAE), India, South Korea and Southeast Asia will continue to trade.
Although Bose says it’s offering outplacement assistance and severance to employees it did not provide any figures about how many people were set to lose their jobs.
“Originally, our retail stores gave people a way to experience, test, and talk to us about multi-component, CD and DVD-based home entertainment systems,” Bose president of global sales Colette Burke said.
“At the time, it was a radical idea, but we focused on what our customers needed, and where they needed it – and we’re doing the same thing now. It’s still difficult, because the decision impacts some of our amazing store teams who make us proud every day.
“They take care of every person who walks through our doors – whether that’s helping with a problem, giving expert advice, or just letting someone take a break and listen to great music. Over the years, they’ve set the standard for customer service. And everyone at Bose is grateful.”