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The closures affected 1,000 part-time and 500 full-time jobs. In turn, Best Buy Canada announced that it would invest at least $200 million over the next two years to increase staffing and add home appliance departments to all stores. [11] [25] Canadian Best Buy locations will honour Future Shop warranties and gift cards. [25]
Best Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota.Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebranded under its current name with an emphasis on consumer electronics in 1983.
CareerBuilder is an American employment website founded in 1995 that operates in the United States, Canada, Europe, and Asia. In 2008, it had the largest market share among online employment websites in the United States. [2] CareerBuilder provides talent management software and other recruitment related services.
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Something to note is that Canada's largest companies by value, and largest employers, tend to be foreign-owned in a way that is more typical of a developing nation than a G8 member. The best example is the automotive sector, one of Canada's most important industries. It is dominated by American, German, and Japanese automotive giants.