Microsoft said Friday it is permanently closing its physical stores around the world. Like other retailers, the software and computing giant had to temporarily close all of its stores in late March because of the COVID-19 pandemic. According to its website, Microsoft has 83 stores worldwide, including 72 stores in the U.S., and several others abroad where it showcases and sells laptops and other hardware. A 'strategic change'Friday's announcement reflects what the company calls a "strategic change" for its retail business as sales increasingly shift online. The company didn't say if the move would result in layoffs.

Source: CBC News June 26, 2020 20:08 UTC