1. home
  2. > tech
  3. > Bose is shutting down its retail stores in four continents
replay trump newslist
up NEXT IN 5 SECONDS sports newslist
tap to unmute
00:00/00:00
NaN/0

Bose is shutting down its retail stores in four continents

Jan 16, 2020 15:38 IST

Audio equipment manufacturer Bose has announced that it will be closing down its retail offline stores in North America, Europe, Australia and Japan. The company claimed that the decision was guided by most of its products being "purchased through e-commerce", rather than through offline stores. Bose has said that a total of 119 locations will be shut down over the next few months, while around 130 stores in other parts of the world including China, UAE, India and other Asian countries will remain open. Reports indicate that the move will result in the severance of hundreds of employees that helped manage and run the company's stores.