Posted in: Mobile phones, Television

Sony closing all its Canadian stores within the next couple of months

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Sony has announced that it is closing all 14 of its brick-and-mortar retail stores in Canada, including three in Alberta and the Greater Vancouver area each, five in the Greater Toronto Area, and one in Ottawa, Montreal, and Quebec City each. The move will reportedly affect around 90 jobs and is likely be completed within the next six to eight weeks.

The Japanese company is encouraging its Canadian customers to purchase its products either from third-party retailers, its online store, or by telephone.

“Our network of Sony authorized retailers offer a full range of Sony products and will be supported by our in-store merchandisers and product trainers on an ongoing basis in order to ensure that our past customers have continued access to knowledgeable sales consultants,” the company said in a statement.

Once a leader in consumer electronics market, Sony is currently struggling with persistent financial losses. Back in September last year, the company announced that it is expecting a net loss of $2.1 billion in the fiscal year ending March 31, 2015. The news also comes just a couple of days after there were reports that the company is mulling a sale (or a joint venture) of its money-losing mobile phone division.

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