Best Buy in Canada / To lay off 900 workers

Facing pressure from online electronics retailers such as Amazon and Apple, Best Buy Canada will close 15 of its big box stores before opening smaller outlets.

The move, which represents about 10% of the retailer’s square footage in this country, will mean layoffs for an estimated 900 employees.

Chosen excerpts by Job Market Monitor. Read the whole story at Best Buy Canada to close 15 stores; lay off 900 workers | Financial Post.