this post was submitted on 22 Mar 2024
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164
Best Buy plans to close 10 to 15 stores by 2025 (www.usatoday.com)
submitted 7 months ago by Tyfud@lemmy.world to c/technology@lemmy.world
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[–] Veedem@lemmy.world 10 points 7 months ago (1 children)

For Best Buy "Fiscal '24' is February 2023 to January 2024

Fiscal '25 is February 2024 to January 2025.

It's dumb, I know.

[–] CraigeryTheKid@lemm.ee 6 points 7 months ago (2 children)

as a retailer, might make a lot of sense not trying to close the books every year within a week of Christmas?; OR to prevent all the accountants from working overtime in that period?

my company's FY is June-May

[–] originalucifer@moist.catsweat.com 1 points 7 months ago

makes sense, thanks!

[–] Patches@sh.itjust.works 1 points 7 months ago

It's definitely not for over time LMAO. Corporate ain't give a shit bout that.

It's so that they can close with the Christmas rush.