Future Shop

Future Shop was a Canadian electronic retailer. It was headquartered in Burnaby, British Columbia. The largest Future Shop in Canada was in Edmonton, Alberta. It was purchased on November 4, 2001 for $580 million by Best Buy. It was founded in 1982 by Hassan Khosrowshahi, an Iranian entrepreneur who settled in Vancouver, British Columbia after leaving Iran.
On March 28, 2015, it was announced by Best Buy that they had decided to retire the Future Shop brand and close 66 locations. The former Future Shop locations were re-opened as Best Buy stores. In 2014 and 2015, stores in New Westminster, Nanaimo, Victoria, Langford, Surrey, Lachenaie, Sherbrooke, Boucherville, Greenfield Park, Montreal, Ottawa, Regina, Kingston, New Minas, and New Glasgow were closed.