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Sony Closes Canadian Stores


News by Luke Jones on Friday January 16, 2015.

sony news · industry news · luke jones

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Sony has had a rough time of things in recent years, with huge losses, massive job cuts, and has even had to sell off real estate bases around the world. Smartphones have been one of the (minor) bright spots, but Sony has even changed its mobile strategy to focus on high end products. The latest move sees the Japanese company shutter all of its retail stores in Canada.

With a $1.9 billion loss predicted, Sony closing physical stores seemed a likely scenario for some time, and Canada is likely to be just the start. With limited mobile output, a streamlined TV division, and the fact Sony is no longer a PC maker, there is little need for actual retail spaces. The company will maintain its online store in Canada, but 90 people in the stores will lose their jobs.

 
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Luke Jones
Luke Jones is the Managing Editor at MobileBurn.com and is the person you need to speak to about the content on the site. Luke studied creative writing at degree level before carving out a reputation as a freelance tech writer. He settled here at MobileBurn, where he reviews devices and contributes to the news, as well as overseeing the site's content and direction.

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