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The closures left Future Shop with 81 stores across Canada. Many of the stores became part of one of its major U.S. competitors, the Best Buy chain. In 2000, Future Shop owned 83 Future Shop stores and five Computer City stores.
Concurrently, an additional 65 Future Shop stores will be temporarily closed for one week as they begin their transition to the Best Buy brand. The company will now have a total of 192 locations across Canada, including 136 large-format stores and 56 Best Buy Mobile stores.
The Future Shop brand appears to be a thing of the past in Canada, as the technology retailer's parent company moves to rebrand many of its stores under the Best Buy tag.
Named for the future and its robotic hope, one of Canada's largest tech store chains doesn't have one anymore. Future Shop announced it would be closing all of its stores in the country on Saturday, shutting down 66 locations for good and transition the other 65 over to Best Buy.
Future Shop announced Saturday morning it was closing all of its Canadian stores. Half will be converted to Best Buy, the other half shuttered for good.
TORONTO (AP) — U.S.-based electronics retail giant Best Buy Co. is closing its 131 Future Shop stores across Canada and will re-open 65 of them under the Best Buy banner in a bid to bolster business.
Future Shop closed its Canadian stores on Saturday. Here is a list of major events in the history of the retail chain.
The closures left Future Shop with 81 stores across Canada. Many of the stores became part of one of its major U.S. competitors, the Best Buy chain. In 2000, Future Shop owned 83 Future Shop stores and five Computer City stores.
Best Buy closed 66 Future Shop stores and is rebranding the remaining 65 as Best Buys. It eliminated 500 full-time and 1,000 part-time jobs. The company will now have 192 locations across...
From Bananarama to pharma: How Future Shop's founder built an empire outside the spotlight. Future Shop was anything but a failure for the Khosrowshahis — who became one of Canada's wealthiest families when they sold the electronics retail chain to Best Buy for $580M in 2001
Best Buy announced Saturday it is shutting down dozens of Future Shop stores across Canada, effective immediately, resulting in about 1,500 job losses.
Retail analyst John Winters on what the consolidation of Future Shop and Best Buy means for the Canadian retail landscapeFor more: http://www.cbc.ca/1.301353...
The company says 65 Future Shop locations will be closed for a week and re-opened under the Best Buy name. Another 66 stores that are located close to current Best Buy stores will be closed ...
All Future Shop products, including gift cards, will be accepted at any Best Buy Canada location and at BestBuy.ca. and existing product orders, service appointments and warranties will...
Future Shop Ltd. is Canada's largest retailer of consumer electronics, with more than 100 superstores selling computers, televisions, home audio equipment, home office equipment, major appliances, and cellular phones.
With 149 stores across the country and the nation's premier web store (www.futureshop.ca), Burnaby, BC-based Future Shop is Canada's largest retailer and e-tailer of consumer electronics....
All 65 Future Shop stores that have been consolidated under the Best Buy brand re-opened on Saturday as planned, including seven in the Greater Toronto Area, the company says.
Dozens of Future Shop stores have been closed across Canada, its parent company Best Buy Canada Ltd. announced Saturday – a move that shocked workers. The company said it was shutting down 66...
Future Shop was a Canadian electronic retailer. It was headquartered in Burnaby , British Columbia . The largest Future Shop in Canada was in Edmonton , Alberta .