The Best Buy store located at the Topsham Fair Mall will be closing by the end of October. The electronics retailer plans to not renew their lease at the Topsham location on October 29th.

According to WMTW, declining sales and the high lease costs contributed to the decision to close the Topsham location. Topsham's close proximity to Portland and Auburn, where there are other Best Buy locations, also were a factor in store performance.

44 employees will be out of work because of the closure. Those employees were encouraged to apply for open positions at the other stores still open in Maine. Currently, there is no plans to close any additional Best Buy locations in Maine. .