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Future Shop has shuttered all its stores in Canada, putting some 1,500 retail employees out of work.

Best Buy Canada closed 131 Future Shops across the country Saturday as it begins the consolidation of the electronic stores under the Best Buy Brand.

Best Buy said in a press release that it was closing 66 Future Shop stores and another 65 stores would be closed temporarily while they were renovated into Best Buy stores.

Future Shop, which was founded in 1982, was purchased by Best Buy in 2001 for $580-million.

http://business.financialpost.com/news/retail-marketing/future-shop-closes-stores-across-canada

more: http://news.nationalpost.com/news/canada/future-shop

more : http://www.businesswire.com/news/ho...es-consolidation-Future-Shop-Buy#.VSddJWjF-hd
 
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