Home > Audio Visual > Bose To Shutter All 119 Retail Stores In North America, Europe, Japan, Australia

Massachusetts-based upscale audio manufacturer Bose has announced plans to permanently shut down brick-and-mortar stores in Australia, Europe, Japan and North America.

Most widely known for its popular QC-series of noise cancelling headphones, Bose has also eked out a solid reputation for hi-fi audio components like CD players and speakers. More recently, its line-up included portable speakers, smart speakers, and even audio-enabled sunglasses.

Not publicly listed, Bose has indicated its move to shutter all 119 retail outlets in the aforementioned regions was based on the “dramatic shift to online shopping in specific markets”.

Bose insists that the exact number of employees laid off or otherwise affected by this move “will remain private”, although “outplacement assistance and severance” will be provided to the employees affected by this move.

130 physical stores will remain in Greater China and the United Arab Emirates, with a few additional outlets in the rest of Asia, including India, Southeast Asia and South Korea.

Ian Ling
http://uncommontragedy.com
Ian is the resident Tech Monkey and Head of Content at VR Zone. His training in Economics and Political Science is at the basis of his love for journalism and storytelling. A photographer by passion, and an audiophile by obsession, Ian is captivated by all forms of tech that makes enthusiasts tick.

2 thoughts on “Bose To Shutter All 119 Retail Stores In North America, Europe, Japan, Australia

  1. John Danver

    Bose corporation just did what and how they could survive in this competitive marketplace around the world. They have changed the business strategies and changed their outlets according to the demands of consumers. They create different opportunities for people, especially for the students, by their audio aids for their study purposes. Many students do not afford their tuition fees due to financial burdens. Scholarship would be a great option for a student and this resource https://essayontime.com.au/scholarship/ offers scholarship for students participating in a writing contest. By the way, I see the bright future of this popular company in their news outlets in Asia.

  2. KGF

    Just one a single click here this site and learn the more about the more information https://schmoozetech.com such a very nice website.

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