4 Consumer Stock Stories for Wise Investment Shopping

Best Buy Co. (NYSE:BBY): Closing price $16.26

Best Buy Canada will shut seven of its big box locations throughout Canada along with eight Future Shop stores, as a part of its remake, as it said in a statement on Thursday that the move is to ”optimize the company’s retail footprint.” As many as 900 jobs, or about five per cent of the retailer’s Canadian work force could be impacted.