Technology giant will close 119 stores worldwide, including Australia

Headphone giant Bose has announced that it will close all Australian stores, along with outlets worldwide.

The surprising news was revealed this afternoon, with the high-end retailer of headphones and speakers announcing that 119 physical stores will be closed worldwide.

The exact number of Australian stores and jobs that will be lost is still unknown.

In a statement, Vice President of Global Sales, Colette Burke, confirmed that the company’s US-based retail stores. UU. They were becoming a thing of the past and said that the increase in online shopping had been an important factor.

“Originally, our retail stores gave people a way to experience, test and talk with us about multi-component home entertainment systems, CDs and DVDs,” he said.

“At that time, it was a radical idea, but we focused on what our customers needed and where they needed it, and now we are doing the same.

“It’s still difficult, because the decision affects some of our amazing store teams that make us proud every day.

“They take care of each person that comes through our doors, either helping with a problem, giving expert advice or just letting someone take a break and listen to good music.

“Over the years, they have set the standard for customer service. And everyone at Bose is grateful.”

But Burke said the number of workers affected would remain “private” for now.

Other Bose stores in Europe, Japan and North America are also destined for closure, although it is understood that some in Asia and the Middle East will remain.

Bose was launched in 1964 and is based in Massachusetts, USA. UU.

He is best known for his audio systems and home speakers, noise canceling headphones, professional audio products and car sound systems.

Social networks have been flooded with comments from Bose fans who have been surprised by the news, which occurs a few days after a series of other high-profile retailers collapse in this country that commentators have called a “retail apocalypse”. contacted Bose Australia to comment.


The announcement comes just after a series of other high-profile Australian companies that have retired in the first half of 2020.

It began at the beginning of January 7 when it was revealed that Harris Scarfe department stores closed 21 stores in five states over the course of just one month after the retailer went bankrupt in December.

Only a few days later, McWilliam’s Wines, the sixth largest wine company in the country that has been run by the same family for more than 140 years, announced that it had also appointed volunteer administrators.

Then it was the turn of the popular video game chain EB Games, with the business confirming that it would close at least 19 stores across the country in weeks, while the Bardot fashion chain also plans to close 58 stores across the country by March.

And this week, Curious Planet, the educational retailer formerly known as Australian Geographic, owned by parent company Co-op Bookshop, also opened 63 stores in Australia after not finding a buyer for the brand, while the Jeanswest jeans chain entered into voluntary administration yesterday.

The total confirmed number of physical stores for closing has already increased to 161 this year alone.

The grim first half of 2020 for retail follows a horror of 2019 that brought the collapse of a large number of Australian businesses, with some international players who also retired in recent months.

Last January, men’s clothing retailer Ed Harry entered voluntary administration, and a week later, Australian sportswear favorite Skins also revealed that he was on the verge of failure after applying for bankruptcy in a Swiss court.

At the end of the month, the beauty empire Napoleon Perdis announced that the 56 Australian stores in the cult makeup chain had closed for inventory. Administrators were appointed, and dozens of stores have collapsed.

The pioneer of footwear, Shoes of Prey, also met his disappearance in March last year along with British fashion giant Karen Millen, who in September revealed that he would soon close all Australian stores, leaving around 80 jobs in danger.

In October, the hamburger chain of famous chef Shannon Bennett in Melbourne, Benny Burger, was also put under management, followed by seven Red Rooster stores in Queensland only a few days later and then the sensation of Australian sportswear Stylerunner, which since then has sold to Accent Group Limited.

In November, it was revealed that the popular furniture and household goods company Zanui was in trouble after he abruptly entered the voluntary administration, leaving customers angry in the lurch.

Later that month, Muscle Coach, a leading fitness company, was placed on voluntary administration after a director received a devastating diagnosis and the company accumulated debts of nearly $ 1 million.

Then it was the turn of the famous restaurant chain Criniti to enter the voluntary administration, with several of the 13 sites across the country that will close permanently. It was closely followed by the discount legend Dimmeys.


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