Future shop when does it close

Other retailers that are closing or have recently closed include: Jones Group Inc. On Thursday, Comark Inc. Meanwhile a slew of other retailers are in expansion, including Holt Renfrew, Seattle-based department store retailer Nordstrom, and Saks Fifth Avenue, while Canadian Tire continues to do well under many banners.

He said the current generation of electronics buyers can buy online or direct from manufacturers, and they are more interested in portability than high-margin audiophile stereo systems. Of the 52 Future Shop stores in Ontario, 22 will be converting to the Best Buy brand and 30 are closing, according to Chun. With these changes, there will be 55 Best Buy stores and 29 Best Buy Mobile stores serving customers in the province. The company let go employees in January I can honestly say there was never a job I had anywhere that was nearly as good.

See a timeline of the major events in Future Shop's history here. Pseudonyms will no longer be permitted. By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses.

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You are contributing to debate and discussion, and helping to make this website a more open place. Sign up for our weekly email newsletter delving into climate science and life on a changing planet. It just might take them a little longer to do so. But that won't soothe the short-term pain for many of the affected Future Shop employees. Several of them took to social media to express their disappointment. If you have trouble reading the characters in the picture, click it to see a new one.

Guidelines Preference is given to commenters who use real names. Stay on topic and be concise. Stimulate debate. Offer new information. What not to do: We will not publish comments that are profane, libelous, racist, or engage in personal attacks. We screen for comments that seek to spread information that is false or misleading. We will not publish: Comments written that are poorly spelled; or are written in caps; or which use strange formatting to get noticed.

If you're using an alias, make sure it's unique. We will not publish comments that link to outside websites. Best Buy joins other retailers that are feeling the pinch of more shoppers making purchases online and giant e-commerce rivals such as Amazon. The shift to cyber buying is particularly acute in the electronics and computer field.

The Future Shop store closings come as U. Best Buy said "a significant number" of its Future Shop and Best Buy stores are located near each other, often in the same parking lot, which resulted in overlaps and too much retail space. After the Future Shop closures, the company will have a total of stores across the country under the Best Buy name, including large ones and 56 smaller Best Buy Mobile stores. Ron Wilson, president of Best Buy Canada, said 80 per cent of customers are within a 15 minute drive to a store and "this won't change.

We will continue to have a strong store presence in all major markets in Canada. As a result of the consolidation, about full-time and 1, part-time jobs will be lost, the company said.