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Beleaguered Samsung shutters flagship London store amid falling sales

“What are Samsung Experience Stores?” Vlad Savov reports for The Verge. “Why, they’re a dying species, if the latest development in Samsung’s efforts to establish its own retail empire are any indication.”

“The flagship Samsung store in London, occupying a large and prominent spot at the Westfield Stratford City shopping center, has now been ‘permanently closed,’ ostensibly in response to the company’s slumping smartphone sales,” Savov reports. “Along with a centrally located Oxford Street shop, this was Samsung’s biggest — and thus most expensive and ostentatious — exhibition space in London.”

Savov reports, “Samsung made a big point of promoting its Experience Stores, making them the destination to get the very first Galaxy S4 and, later, S5 units sold in the UK, but excitement and sales have apparently petered out…”

Read more in the full article here.

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[Thanks to MacDailyNews Reader “M.” for the heads up.]

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