MONROE, N.C. The Best Buy in Monroe is set to close next month.

Officials released a statement on Saturday saying that Best Buy plans to close 50 stores as part of a transformation strategy.

That strategy will ultimately close the Monroe location on West Highway 74. Officials said they are working to ensure the impact to employees will be as minimal as possible.

Employees of the Monroe store were notified Saturday morning of the decision. The location will be closed on Saturday and reopen on Sunday for final sale items.

The store will permanently close on May 12, 2012.

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