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    Thursday
    Jan312013

    Best Buy / Future Shop Reduces Canadian Footprint

     

    This morning some Best Buy and Future shop locations announced they were permanently closed announced by signs in their windows.

    Here is an article on the closures: National Post

    No doubt there are a number of factors that led to this decision including:

    1. Online competition & showrooming
    2. Proximity of Future Shop & Best Buy in some markets
    3. Upcoming entry of Target & the retail pricing war that it will spur
    4. Changing economics of Big Box electronics stores

    Below is a map of current and closing location, as well as a list of closed locations based on the company's statement (Best Buy). We are continuing to monitor developments & will update the list as we get more information.

     

    View Best Buy and Future Shop Closures in a full screen map

     

    Future Shop Canadian Closures:

    22 Calgary - Macleod 7337 Macleod Trail SW Calgary  AB
    6 Burnaby - Kingsway 144 - 6200 McKay Avenue Burnaby  BC
    709 West Kelowna - West Kelowna FS 3600 Carrington Road West Kelowna  BC
    28 Winnipeg - Regent 2 - 1570B Regent Avenue W Winnipeg  MB
    77 Ancaster - Ancaster #1-1110 Wilson Street West Ancaster  ON
    629

    Mississauga - Erin Mills Possibly Converting to Bed Bath and Beyond

    3050 Vega Boulevard Mississauga  ON 
    635 Barrie - Barrie South (Beside Best Buy) 80 Concert Way Unit 4 Barrie  ON
    665 Laval - St. Dorothee 940 Highway 13 Laval  QC
    667 Montreal - Forum 108 - 2313 Sainte Catherine Street W Montreal  QC

     

    Best Buy Canadian Closures:

    957 Queensborough 805 Boyd St New Westminster BC
    981 Nanaimo 4735 Rutherford Rd Nanaimo BC
    983 Victoria 3501 Blanshard St Victoria BC
    987 Langford 109-2955 Phipps Rd Victoria BC
    993 South Surrey 15760 Croydon Dr Surrey BC
    903 Sherbrooke 1255 Du Plateau-saint Joseph Blvd Sherbrooke QC
    996 Lachenaie 651 Des Migrateurs St Terrebonne QC
             
             
             
             
             
             
             

    References (3)

    References allow you to track sources for this article, as well as articles that were written in response to this article.
    • Response
      Response: Burl Spiegel
      InterStratics - Big Picture Retail Insight - Globally
    • Response
      Response: pay for essay
      This is bad news for the people who love buying products in Best Buy/Future Shops. The closure of some locations has come after the expensive were increased and cannot coupe up with this online market and their pricing strategy. The price war is most important thing in this marketing. Consumers always ...
    • Response
      Response: microsoft edge
      to update the setting of microsoft edge from the window and the defult setting will be change automatically by clicking on the window 10 search engine.

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