Best Buy itself is doing fantastic but their mobile phone-selling kiosks that you see in malls are all soon going to close across the country.

All 257 of these kiosks will be closed by May 31st, including the Best Buy kiosk location in Freehold Raceway Mall.

Best Buy CEO Hubert Joly explained, "Fast forward to 2018 and the mobile phone business has matured, margins have compressed and the cost of operations in our mobile standalone stores is higher than in our big box stores."

All we are really losing here is another spot to try and buy through Best Buy but with their revenue continuously increasing each year, it looks like the company and the products they sell are safe.

That is a sigh of relief.

Check out the original article at NJ.com.

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