Future Shop facts for kids
| 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 |
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
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A Future Shop store in Edmonton in July 2007.
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A newer-styled Future Shop in Sudbury, Ontario.
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A closed Future Shop store in Richmond Hill in May 2015.
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Future Shop Facts for Kids. Kiddle Encyclopedia.