Headlines

Sony Closes Up Shop in Canada

Will shutter all 14 stores

Published

9 years ago

January 16, 2015

Sarah Whitman

Sony Corp. (Tokyo) plans to close all 14 of its Sony Stores across Canada within the next two months.

“Over the next six to eight weeks we are closing our Sony Stores in Canada and will redirect all of this business through our national network of Sony retailers, our online store … as well as through our Sony-trained Telesales team,” the company announced in a statement Thursday.

The closure comes as Sony is struggling to reshape its business amidst years of losses, reports the Ottawa Citizen. For the current fiscal year, which ends in March, the company is estimating a $1.9 billion (U.S.) loss.

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