Does Future Shop still exist in Canada?

Does Future Shop still exist in Canada?

Future Shop was a Canadian electronics store chain. It was established in 1982 by Hassan Khosrowshahi. By 1990, the chain had become the country’s largest retailer of computer and consumer electronics….Future Shop.

Type Subsidiary
Industry Retail
Founded 1982
Founder Hassan Khosrowshahi
Defunct March 28, 2015

Who owned Future Shop?

Best Buy
Hassan Khosrowshahi (Persian: حسَن خسروشاهی‎) CM OBC, 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.

When was Future Shop founded?

Future Shop/Founded

What was the store before Best Buy?

Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebranded under its current name with an emphasis on consumer electronics in 1983.

Is Best Buy Canada owned?

Best Buy Canada is one of the largest omni-channel retailers of consumer electronics, computers and entertainment products, related accessories and services in Canada. operates as a wholly owned subsidiary of Best Buy Co., Inc.

What year did Best Buy open in Canada?

1 seller of electronics, based in Minneapolis, made its first international foray to Canada in 2001 when it took over Future Shop Ltd. Instead of replacing Future Shop’s established name, Best Buy left it in place, but also began opening stores under its own distinctive, blue-and-yellow Best Buy brand a year later.

What is Best Buy’s parent company?

Pacific Sales

Industry Retail
Products Appliances, Decorative Plumbing Fixtures
Services Financing, Delivery, Haul Away, Tech Support, In-Home Consultation
Parent Best Buy

Where is Best Buy’s headquarters?

Richfield, MN
Best Buy/Headquarters