Microsoft Is Giving Up on Retail

Shortly after giving up on live-streaming, Microsoft (NASDAQ: MSFT) is doing likewise with retail. The company announced last week that it would be permanently closing all physical retail stores in a major strategic shift, thus ending a decadelong experiment in replicating Apple's (NASDAQ: AAPL) success in retail. The first Microsoft Store opened in October 2009, nearly 11 years ago.

Here's why the software giant is pulling the plug on its stores.

Image source: Microsoft.

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Source Fool.com