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Microsoft Is Permanently Closing All 83 of Its Retail Stores

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variety.com

Todd Spangler NY Digital EditorMicrosoft is exiting the bricks-and-mortar business.The tech company on Friday announced that it will shutter all of its Microsoft Store physical locations, which have been closed since late March because of the COVID-19 pandemic.

The company has operated 83 stores, mostly in the U.S.The closing of the Microsoft Store locations will result in a charge of about $450 million against earnings, to be recorded in the quarter ending June 30, 2020.

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