Future Shop

Future Shop is a Canadian electronics retailer. Founded in Vancouver in 1982, the chain expanded through Western Canada and Ontario in the late 1980s and early 1990s, and in Quebec and Atlantic Canada later in the 1990s, operating a total of 110 stores across all of Canada's provinces by 2005. It also had some locations outside the country, but they closed down during the economic crisis.

Related Topics:
Canadian - Electronics - Vancouver - 1982 - Western Canada - Ontario - Quebec - Atlantic Canada - Provinces

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Future Shop was purchased for over $500 million dollars by Best Buy on November 4, 2001. Best Buy has continued to operate the Future Shop locations under their original name, although it is now opening Best Buy-branded stores in Canada as well.

Related Topics:
Best Buy - November 4 - 2001

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Future Shop operates, like Best Buy, in the style of a big-box marketer; they operate large stores with a wide range of products in suburban environments offering good road access. Future Shop competes primarily on price rather than service; they also choose products aiming primarily for a broad consumer market rather than more specialized, highly technical users. For instance, they stock a variety of premade computer systems, but do not sell computer motherboards or processors individually.

Related Topics:
Computer systems - Motherboards - Processors

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In addition to their retail business, Future Shop operates an online store, at www.futureshop.ca.

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