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Microsoft Permanently Closes Its Retail Stores Because Software Rarely Comes in a Box

(MSFT) said on Friday that it had permanently closed all its physical retail stores, a reflection of the fact that the company now sells most of its software in digital form. The company also said that it would “reimagine” Microsoft Experience Centers in London, New York, Sydney, and Redmond, Wash. Microsoft (ticker: MSFT) will take a pretax charge of $450 million, or five cents a share, in the June quarter to reflect related write-offs and impairments. Read More...

(MSFT) said on Friday that it had permanently closed all its physical retail stores, a reflection of the fact that the company now sells most of its software in digital form. The company also said that it would “reimagine” Microsoft Experience Centers in London, New York, Sydney, and Redmond, Wash. Microsoft (ticker: MSFT) will take a pretax charge of $450 million, or five cents a share, in the June quarter to reflect related write-offs and impairments.

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