kids encyclopedia robot

Future Shop facts for kids

Kids Encyclopedia Facts
Quick facts for kids
Future Shop
Subsidiary
Industry Retail
Fate Merged with Best Buy
Founded 1982
Defunct March 28, 2015
Headquarters Burnaby, British Columbia, Canada
Key people
Ron Wilson (President and Chief Operating Officer)
Annalisa King (Senior Vice President and Chief Financial Officer)
Charles Tobin (Senior Vice President)
Products Electronics
Number of employees
113,100
Parent Best Buy Canada
FutureShop HFX 2007
A Future Shop in Halifax, Nova Scotia

Future Shop was a Canadian electronic retailer. It was headquartered in Burnaby, British Columbia. The largest Future Shop in Canada was in Edmonton, Alberta. It was purchased on November 4, 2001 for $580 million by Best Buy. It was founded in 1982 by Hassan Khosrowshahi, an Iranian entrepreneur who settled in Vancouver, British Columbia after leaving Iran.

On March 28, 2015, it was announced by Best Buy that they had decided to retire the Future Shop brand and close 66 locations. The former Future Shop locations were re-opened as Best Buy stores.

Images for kids

kids search engine
Future Shop Facts for Kids. Kiddle Encyclopedia.