Like most brick and mortar electronic stores, Best Buy Canada is having trouble turning a profit. The company is going through a restructuring process scheduled to be complete by 2015. The plan is to turn many of the large retails stores into smaller outlets under Best Buy's Future Shop and Best Buy Mobile banners.
The next part of the restructuring process involves a move from a focus on brick and mortar sales to online and mobile sales. By moving to smaller retails stores, the company hopes to give their customers a more intimate and customer focused demonstrations of products the customer is looking for.
I can't say I'm surprised and I hope that this restructuring works. In the end, consumers still need at least one B&M chain out there so consumers have a place to see products in person. Words on the internet can only go so far and in the end there's nothing like demo'ing a product in person.