General

About Company
The former Future Shop is now operated by Best Buy.

Related to

Best Buy

Best Buy

Best Buy is a multinational retailer of technology and entertainment products and services.

Sector

Retailers

Subsector

Diversified Retailers

Location

Bloomington, MN, USA

count Of Investments

6

count Of Exists

5

Industry

Sector :

Subsector :

founded date

01.01.1982

Operating Status

Closed

Number of employees

Company Type

For Profit

IPO status

Private

Description

Established in 1982 in Vancouver, British Columbia, Future Shop rapidly expanded across Canada, becoming the country's biggest electronics retailer by 1990. With 140 stores nationwide and over 125,000 daily website visitors, Future Shop enjoyed significant growth throughout the 90s, reaching annual sales exceeding $2 billion by 2001. However, in 2015, Best Buy announced the discontinuation of the Future Shop brand, closing 66 locations and consolidating the remaining stores into the Best Buy chain. For updates, refer to the Best Buy Corporate page.
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