Dive Brief:
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Miami-based electronics retailer TigerDirect is shifting its emphasis to e-commerce almost entirely, closing all but three brick-and-mortar stores.
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Its flagship store in Miami, another within a distribution center in Georgia, and a third in Puerto Rico that runs as a successful business-to-business outlet will remain open.
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The retailer will close 31 stores, losing about 40 employees per store, the company said.
Dive Insight:
TigerDirect in the first decade of the 21st century was gobbling up other electronics retailers; it bought out both CompUSA and Circuit City. But electronics is a tough retail specialty these days, and physical stores must have a lot on offer in order to get customers through the door.