Bose to close retail stores in N. America, Europe, Aus, Japan

Andrew Cummings
January 17, 2020

Other Bose stores in Europe, Japan and North America are also earmarked for closure, although it is understood some in Asia and the Middle East will remain.

Notably, the first Bose physical retails store opened back in 1993 and has numerous locations in both shopping centers and malls across the globe.

While Bose is known for its headphones, in recent years the company has added smart speakers to its product lineup.

Bose said they would close all retail stores in North America, Europe, Japan, and Australia by the end of 2020 which equated to about 120 stores, but would keep open 130 stores in India, South Korea, and China.

"Originally, our retail stores gave people a way to experience, test, and talk to us about multi-component, CD, and DVD-based home entertainment systems".

At the time Colette classified the move as a "radical idea", with the global sales president applying the same description to the company's eCommerce shift. They take care of every person who walks through our doors - whether that's helping with a problem, giving expert advice, or just letting someone take a break and listen to great music. Over the years, they've set the standard for customer service.

The private audio equipment company is declining to release the number of employees who will lose their jobs in the store closures, but Bose's statement noted that it will offer store workers "outplacement assistance and severance". After 27 years of operating standalone stores in locations throughout the U.S., and latterly the rest of the world (including a flagship store in London's Regent Street), all Bose stores in the four territories will soon close. Additional details, including the number of employees affected, will remain private.

The Verge said Bose will begin to shutter its retail presence in the next few months.

Naturally, Bose products will still be carried by retail giants Amazon as well as Argos, Currys, Richer Sounds, Sevenoaks, Best Buy, Target, Apple stores, Crutchfield, other third-party retailers, and of course on the company's own website.

Last January, menswear retailer Ed Harry went into voluntary administration, and a week later, Aussie sportswear favourite Skins also revealed it was on the brink of failure after applying for bankruptcy in a Swiss court.

McWilliams Wines: Country's sixth-largest wine company appointed voluntary administrators.

Red Rooster: Closed seven Queensland stores in October 2019, leaving 100 staff without jobs.

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