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  • Best Buy Canada And Future Shop To Be Consolidated In An Effort To Cut Costs Best Buy Canada announced consolidation of its Future Shop stores and website under the Best Buy brand. While 66 Future Shop locations will be closed (with immediate effect), an additional 65 Future Shop stores will be temporarily closed for one week as they begin their transition to the Best Buy brand. Post-consolidation, the company will have a total of 192 locations across Canada, including ... 3 hours ago
  • Best Buy to Shutter Canadian Stores, a Move That Could Refocus Company Correction: This article has been corrected to reflect the number of Canadian Future Shop stores that will be close and the number of those that are being transitioned into Best Buy stores. Sixty-six stores will be closed permanently and 65 will be closed for one week and then transitioned. NEW YORK (TheStreet) -- Best Buy   will close or transition all of its Canadian Future Shop electronics ... 1 day ago
  • Best Buy to Revamp Canadian Operations, Plans Restructuring - Analyst Blog It seems that Best Buy (BBY) is gearing up to redefine itself amid an ever-changing and competitive retail landscape. 1 day ago
  • Best Buy's Canadian Restructuring Is Worth It, Wall Street Says Wall Street analysts commented on the Best Buy Co Inc (NYSE: BBY ) restructuring plans for its Canadian operations. "Best Buy announced the closure of 66 Future Shop stores, and the transition of ... 1 day ago
  • Best Buy (BBY) Stock Up Today After Canada Subsidiary Closure NEW YORK (TheStreet) --Shares of Best Buy Co Inc.  are up by 1.72% to $38.14 at the start of trading on Monday morning. Over the weekend Best Buy announced that its subsidiary, Best Buy Canada, which owns and operates both Best Buy and Future Shop Stores in the country is consolidating both businesses and websites under the Best Buy brand and "unveiled an ambitious plan to build a leading multi ... 1 day ago
  • Best Buy Insurance Announces Unprecedented Savings for Drivers under 25 Best Buy Insurance has an exciting offering starting today for drivers under the age of 25 to get a real break on their automobile insurance policies. 1 day ago
  • Future Shop shutters Canadian stores, will rebrand as Best Buy Consolidation will eliminate 500 full-time and 1,000 part-time jobs 1 day ago
  • Best Buy Canada to Close Stores in Restructuring Best Buy said in a statement released Saturday that the cost of the consolidation will reduce earnings in its 2016 fiscal year by as much as 20 cents a share. Best Buy plans to rebrand the remaining 65 Future Shops under its own name while investing up to $160 million to improve operations. The company's decision to close some Future Shops while rebranding the others reflects the difficult ... 2 days ago
  • Best Buy warns of profit hit as it consolidates Canadian stores Best Buy Co Inc (BBY.N) plans to close some stores and consolidate its operations in Canada, the U.S. electronics retailer's second-largest market, in a move that will hurt earnings this year, the company said on Saturday. The retailer said it will close 66 of its Future Shop brand stores in Canada and convert 65 of them to Best Buy brand stores. The move to a single brand will cut 500 full-time ... 2 days ago
  • Best Buy Canada announces the consolidation of Future Shop and Best Buy stores and websites under the Best Buy brand ... Best Buy Canada announces the consolidation of Future Shop and Best Buy stores and websites under the Best Buy brand and a plan to invest up to $200 million to build a leading multi-channel customer experience... 3 days ago

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