Future Shop stores across Canada are closing effective immediately, resulting in hundreds of full and part-time jobs being lost. Best Buy Canada, a subsidiary of Best Buy Co. Inc. that owns and operates both Best Buy and Future Shop stores, said in a statement Saturday 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 1,000 part-times jobs, the company said.
This news update is one of the most shocking news I’ve ever read in a while. What happened? Future Shop is one of four stores in Canada where we can buy great electronics and movies. It’s everything! My entertainment system, home office, movies, and random gadgets … where all bought from Future Shop! They sell a lot of really good products (pause) (sigh) … why? Are people not buying enough? Is it competition? Because there aren’t a lot to compete with. And to me, Future Shop is one of the top stores to go to, if not the top. Never mind the lost jobs, people will eventually find other jobs. But losing a store, for good, where we have few options to start with? That sucks, like really awful. All that remains is Best Buy, London Drugs, and NCIX.
Well, don’t blame Canadians if they cross the border to shop for electronic items. We have very few choices here, and if there are, our electronic items are at least a one version behind and just as expensive as the new one. Get this, when I bought my 64MB flash drive in the States, the one that was available in Canada was only 16MB and it was just as expensive!
It’s a good thing Vancouver is close to Renton, where Fry’s Electronics is located. It’s my #1 choice of buying anything electronics in the US, my church, so to speak.
What a sad day.