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Old 03-28-2015, 07:31 AM   #1
Finner
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Default All Future Shop stores in Canada Closing

Just saw this pop up on twitter.

Crazy, it must be getting harder and harder to compete with online.

http://www.am980.ca/2015/03/28/futur...across-canada/

Or check here: https://twitter.com/search?q=futureshop&src=typd

Looks like it was a surprise announcement.

Last edited by Finner; 03-28-2015 at 07:37 AM. Reason: Added link
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Old 03-28-2015, 07:31 AM   #2
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Wow?!?!
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Old 03-28-2015, 07:36 AM   #3
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All Future Shop stores in Canada have closed, effective immediately.

The news was delivered simultaneously to employees across the country early Saturday morning as they were showing up for their shifts.

A select few outlets will be converted into Best Buy stores, but the rest — including the store in north London — will remain closed for good.
Messed up. That's a lot of jobs being lost.
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Old 03-28-2015, 07:37 AM   #4
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Any chance of a pre-April fools joke??? The link says the website is down, yet it is still up.

If it is a joke... I don't get it considering people have been expecting this since bestbuy bought them.

Edit: you would think they would want to sell their stock prior to closing as well.
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Old 03-28-2015, 07:37 AM   #5
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Holy crap... that came out of nowhere. Don't know what to say to all the people effected by this, it just sucks.

I just got a flyer in the mail from them yesterday. Why the hell were they still putting out flyers if they were getting ready to pull the plug?
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Old 03-28-2015, 07:38 AM   #6
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Crappy, that was one of my go to places as a one stop shop for TV, gaming, and gaming needs. That sucks.
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Old 03-28-2015, 07:40 AM   #7
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Old 03-28-2015, 07:40 AM   #8
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Any chance of a pre-April fools joke??? The link says the website is down, yet it is still up.

If it is a joke... I don't get it considering people have been expecting this since bestbuy bought them.

Edit: you would think they would want to sell their stock prior to closing as well.
Don't think so, on twitter ex employees are posting photos of the stores shuttered and talking about being laid off.
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Old 03-28-2015, 07:40 AM   #9
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Not a lot of info online. Seems fishy. Maybe a lame joke?

Last edited by Schraderbrau; 03-28-2015 at 07:44 AM.
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Old 03-28-2015, 07:42 AM   #10
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Yeah, Future Shop's website seems business as usual. No announcement there.
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Old 03-28-2015, 07:43 AM   #11
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Crazy, but then again, I can't remember the last time I went into one. If I did buy anything, it would have been online on the boxing week sales...
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Old 03-28-2015, 07:44 AM   #12
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Honestly, I'm kinda surprised that it took this long for Bestbuy to re-brand / close all the Futureshop stores.
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Old 03-28-2015, 07:46 AM   #13
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Wonder if BB will honor the extended warranties sold by FS?
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Old 03-28-2015, 07:48 AM   #14
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Any idea about gift cards still being available? I was awarded a few hundred dollars worth and haven't used them.
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Old 03-28-2015, 07:53 AM   #15
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No real job loss or anything though, just changing from Future Shop to Best Buy as I understand?
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Old 03-28-2015, 07:55 AM   #16
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This image was faked? Just checked the futureshop app and it has no message like this
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Old 03-28-2015, 07:56 AM   #17
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No real job loss or anything though, just changing from Future Shop to Best Buy as I understand?
I think they're closing for good, not re-branding.

I think there will be significant job losses
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Old 03-28-2015, 07:56 AM   #18
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No real job loss or anything though, just changing from Future Shop to Best Buy as I understand?
If it isn't a joke, lots of job loss. The current story is that they are closing the stores, not converting.

Considering many are side by side, it make sense.

I still think it might be a lame joke, and the employees in on it. Could not make this joke on April 1 as it may affect the market, so you do it on the weekend before.
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Old 03-28-2015, 07:57 AM   #19
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This image was faked? Just checked the futureshop app and it has no message like this
Don't know, saw it on Twitter (maybe?).
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Old 03-28-2015, 07:58 AM   #20
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No real job loss or anything though, just changing from Future Shop to Best Buy as I understand?
If this is true, there would be a ton of losses. Future Shop/Best Buys business model was to put stores within 1 block of each other whenever possible. Duplication would be stupid that close.

That would however be kinda hilarious if they re-branded the Northland Future Shop a Best Buy, and there was a Best Buy, across the mall from a Best Buy.

Yo dog, I hear you like Best Buy.....
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