November 21, 2024 The Best Source of News, Culture, Lifestyle for Culver City, Mar Vista, Del Rey, Palms and West Los Angeles

Sony Electronics Store in Century City to Shut Down

Sony Electronics
Sony Electronics will close its Century City store, among others. (Image courtesy of Sony)

Three weeks after its earnings announcement estimated 5,000 employees would be cut globally, Sony Electronics revealed plans to shut down 20 stores in the United States, including its Century City location.

The store closures and downsizing are part of Sony Electronics’ restructuring plans and an attempt to “maintain its competitiveness in an evolving consumer electronics market.”

Total staff at Sony Electronics is expected to be cut by one-third before the end of 2014, impacting about 1,000 employees across the company’s sites.

The closure of the 20 U.S. stores are part of an effort “to further streamline costs and continue focus on existing partner relations,” a statement released by Sony Electronics stated.

“While these moves were extremely tough, they were absolutely necessary to position us in the best possible place for future growth,” Sony Electronics president and COO Mike Fasulo stated. “I am entirely confident in our ability to turn the business around, in achieving our preferred future, and continue building on our flawless commitment to customer loyalty through the complete entertainment experience only Sony can offer.”

The Sony Electronics store at Westfield Century City is currently located in between Banana Republic and Hollister Co. and diagonally across from Bloomingdales.

Only 11 Sony stores will remain open, including two in Southern California: at The Americana at Brand in Glendale and South Coast Plaza in Costa Mesa.

Two other Southern California locations are set to be shut down as well, including Sony Electronics stores at outlet malls in Camarillo and San Diego.

Sony Electronics stated it plans to focus on promoting premium products, such as its 4K lineup of televisions.

“The company will place an increased focus on its premium products – including its digital imaging line, high-resolution audio, and full suite of professional solutions – while leveraging its strengths in hardware, content and gaming,” the company stated.

Related Posts

Breakaway Café Opens New Venice Location with Beachside Grab-and-Go Window

November 20, 2024

November 20, 2024

Bayse Brothers Bring Their Signature Breakfast Dishes and Good Vibes to Venice Breakaway Café, a popular breakfast and lunch eatery...

Last Minute Additions to the Best Thanksgiving 2024 Feasts and Pies To Go

November 20, 2024

November 20, 2024

If Other Faves are Sold Out, Here’s All The Quality Places to Try Now Celebrity chefs Susan Feniger and Mary...

Everytable’s Holiday Meal Collaboration To Support LA’s Unhoused Youth

November 20, 2024

November 20, 2024

Chef Created Thanksgiving Meal Benefits My Friend’s Place. Everytable, the mission-driven company committed to making scratch-cooked, nutritious meals accessible to...

Los Angeles City Council Codifies Sanctuary Protections for Migrants with New Citywide Ordinance

November 19, 2024

November 19, 2024

Mayor Bass Prioritized the Ordinance after Trump’s Mass Deportation Threats The Los Angeles City Council voted unanimously Tuesday to officially...

The Palms Community Council’s Executive Committee Schedules Special Meeting for Nov. 20

November 19, 2024

November 19, 2024

Meeting to Address Open Board Positions and Committee Updates The Executive Committee will hold a special meeting on Wednesday, Nov....

Hammer Museum Presents 10th Edition of MoMA Contenders: Screenings, Conversations with Top Filmmakers

November 19, 2024

November 19, 2024

Lineup Features Films by Steve McQueen, Sean Baker, and Brady Corbett The Hammer Museum will host the 10th edition of...

Film Review: Wicked

November 19, 2024

November 19, 2024

By Dolores Quintana Director John Chu (Crazy Rich Asians, In The Heights) has crafted an effervescent take on the blockbuster...

Randy’s Donuts Arrives in Culver City with Free Donuts and a $250 Gift Card Giveaway

November 19, 2024

November 19, 2024

Grand Opening on November 19 Includes Sweet Giveaways Starting at 6:00 a.m. The time is finally here. Randy’s Donuts is...

Nicole Nagel’s Futuristic Eric Moss Designed Brentwood Home To Hit Auction Block

November 18, 2024

November 18, 2024

The Spaceship-Like Property Heads to Auction With No Reserve in December German actress Nicole Nagel, who was part of the...

LA Controller Kenneth Meija: City Left $513 Million of Homelessness Budget Unspent

November 18, 2024

November 18, 2024

Inefficiencies Blamed for Underspending Despite Record Allocation in FY2024  The City of Los Angeles hasn’t spent over half of its...

West LA College Expands Zero-Cost Textbook Programs with $600K Grant

November 18, 2024

November 18, 2024

College Aims for 50 Zero-Cost Textbook Programs by 2025  West Los Angeles College (West) is expanding its zero-cost textbook program...

(Video) At Vistamar School – Discover the way high school should be

November 18, 2024

November 18, 2024

Students achieve remarkable outcomes with our strong academics, small classes, andpersonalized approach. Our graduates don’t just attend college—they excel. Vistamar’sunique...

(Video) Celebrating 60 Years of Excellence in Education

November 18, 2024

November 18, 2024

Join our international community! Preschool through 12th grade, private school in West Los Angeles and Pacific Palisades, No French knowledge required...

Missing Person Alert: Authorities Seek Help to Find Michelle Lerner, 63, in Culver City

November 18, 2024

November 18, 2024

Woman Was Last Seen Near Prospect Avenue and Venice Boulevard  Authorities are asking for the public’s assistance in locating a...

Lodge Bread To Open New Beverly Hills Location on November 22

November 18, 2024

November 18, 2024

Popular Bakery Will Offer Its Signature Sourdoughs and Pastries  Lodge Bread, a highly regarded West Los Angeles bakery and café,...