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Parent. Best Buy Canada. (2001–2015) Website. www .bestbuy .ca. Future Shop was a Canadian electronics store chain. It was established in 1982 by Hassan Khosrowshahi. [1] By 1990, the chain had become the country's largest retailer of computer and consumer electronics. In January 2013, the company operated 139 locations across Canada.
Hassan Khosrowshahi CM OBC ( Persian: حسن خسروشاهی; born 1940) is an Iranian-Canadian business magnate, investor, and philanthropist. He founded Future Shop, a Canadian consumer electronics chain store that was acquired by Best Buy in 2001 for c. $580 million. He currently invests via his family office, Persis Holdings Ltd.
Best Buy purchased the company for $425 million in cash and the assumption of $271 million of Musicland debt. [21] [29] Later that year, Best Buy acquired the British Columbia, Canada-based electronics-chain Future Shop Ltd., marking its entrance to the international marketplace.
Canada's Future Shop, however, has certainly put an interesting twist on things. First off, it'll accept standalone HD DVD players purchased from anywhere. In exchange, you'll receive $100 off the ...
Best Buy already did the honors a few weeks ago, but it seems like the release of Telus' Touch Pro is imminent now that Future Shop is...
Now, we're feasting our eyes upon the latest snippet from Future Shop's (Best Buy's Canadian sibling) inventory system, which shows a half dozen new Mac placeholders for French and English ...
It appears that we’re now half-assedly returning the favor, as Dell computers will be sold in all 131 Future Shop retail stores and online at FutureShop.ca, starting tomorrow.
Polymer Corporation – sold to NOVA Corp and then Bayer AG. Radio Shack (Canadian division) – electronics store. Seagram – spirits and wine. Target Canada – closed because of a $2.1 billion loss for Target Corporation. Terra Transport. Towers Department Stores – department store chain; acquired by Zellers.