Microsoft to close physical stores, take $450 million hit
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(Reuters) - Microsoft Corp said on Friday it would close its retail stores and take a related pre-tax asset impairment charge of $450 million (£363 million) in the current quarter. The Redmond, Washington-based software giant said would continue to serve customers online, with team members working remotely from corporate facilities.It was not immediately clear if Microsoft's move would lead to any layoffs.The company also said it will rethink other spaces that serve all customers, including..