Discovery Closing All Stores

Discovery Communications Inc. will be closing all of its retail units by September, this will result in the laying off of approximately 1,000 people.

From a Neil Adler article in the Washington Business Journal, Discovery has decided to market their considerable product line through partnerships with established retail chains. From the article:

"By eliminating our owned and operated brick-and-mortar storefronts, which are cost-intensive and complicated businesses, Discovery can focus its efforts on high-growth e-commerce and licensing operations, said David Zaslav, Discovery's president and CEO,”

From a previous article, Discovery Employees Discover Pink Slips, Discovery has recently laid off 11% of their Silver Springs, DC operations, that was 200 people on April 16 and 80 in December.