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Best Buy Canada is closing 15 Canadian stores under both the Best Buy and Future Shop banners.
Last month when Best Buy in the U.S. reported its troubling Q4 and full year numbers, it also noted that it would be closing down 50 big-box locations.
After 40 years in business, Borders Group has announced that it has filed for Chapter 11 bankruptcy protection.
Anti-virus company founder John McAfee is hinting that his days on the lam may soon be numbered. McAfee has been on the run since being sought out for questioning following the murder of his neighbour Gregory Faull.
Ritz Camera, the largest photo retailer in the U.S., filed for bankruptcy protection in February, and the iconic retailer has already begun the process of closing stores and liquidating inventory.