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#Business

Samsung shutters flagship London store; says it’s committed to other stores

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Samsung has announced closure of its flagship London store at Westfield Stratford City in a sudden overnight move while also stating that it is committed to other stores in the country.

The closure notice was posted at the “Experience Store” in the Westfield shopping centre in Stratford overnight notifying customers that the store has closed. The store has been playing host to a number of product launches over the course of last year including the Galaxy S4 and Galaxy S5.

Samsung has added that it will try to do its best to look for alternative employment option within the company for affected staff or will offer them a financial package in case they decide to move onto other companies. Samsung has also added that no other store will be affected.

“We remain fully committed to the operation of the remaining nine Samsung Experience Stores across the UK, and wish to reassure our customers that those stores will not be affected by this decision”, said Samsung in a statement.

Samsung currently has 10 stores across the UK and 20 others spread across Germany, Spain, Portugal, Ireland, the Netherlands and Sweden. All the stores except the flagship store are being run in collaboration with Carphone Warehouse.

Samsung had earlier said that it is planning to open more own branded stores in the UK in collaboration with Carphone Warehouse and Phones4U, but following the dwindling sales and folding of Phones4U, chances are that the Korean consumer electronics giant could deviate from the plan substantially.