They’re a fixture of our suburban landscape. Big box stores with big boxes in the shopping carts. People swear by their Costco and Sam’s Club memberships, but they have to buy big in order to save big. So, what if you don’t want to buy in bulk, and are the big sizes a better deal anyway?
Best Buy Co. said it plans to close 50 big box stores and open 100 small mobile locations in the U.S. in fiscal 2013 and cut $800 million in costs by fiscal 2015. The news came Thursday as the biggest U.S. specialty electronics retailer posted a fiscal fourth quarter loss partly due to restructuring charges, but its adjusted results topped Wall Street’s expectations.