Future Shop stores closing, some will become Best Buys, 1,500 jobs lost
Posted March 28, 2015 2:12 pm.
This article is more than 5 years old.
TORONTO (NEWS1130) – Future Shop stores across Canada are closing effective immediately, resulting in hundreds of full- and part-time jobs being lost.
Best Buy Canada says in a statement that it will be closing 66 Future Shops for good, while 65 others will be converted into Best Buys.
The move will result in the loss of 500 full-time and one-thousand part-times jobs.
The company adds there will now be a total of 192 Best Buys in Canada, including 56 Best Buy Mobile stores, and the converted stores will re-open after a one-week closure.
Best Buy says a significant number of Future Shop and Best Buy stores are located next to each other, often in the same parking lot.
The company says all Future Shop gift cards will be accepted at any Best Buy Canada location and online, while product orders, service appointments and warranties will continue to be honoured and Future Shop purchases to be returned or exchanged will also be accepted at any Best Buy.
