Saturday, March 28, 2015

Vernon Future Shop evolves into a Best Buy store

by Staff Writer - Vernon Morning Star posted Mar 28, 2015 at 10:00 AM
A Vernon retail outlet will remain open but it will be switching names. The Future Shop store will convert to a Best Buy store. It will be closed for one week to begin the transition to the Best Buy brand," said a company spokesperson Saturday. In Saturday, Best Buy Co., which owns and operates both Best Buy and Future Shop stores, announced it is closing 66 Future Shop locations while an additional 65 Future Shop stores will take on the Best Buy label. The company will now have 192 locations across Canada, including 136 large-format stores and 56 Best Buy Mobile stores. “Currently, 80 per cent of our customers are within a 15-minute drive to a store and this won’t change,” said Ron Wilson, Best Buy Canada president. “We will continue to have a strong store presence in all major markets in Canada.” About 500 full-time and 1,000 part-time positions will be eliminated. The affected employees will receive severance, employee assistance and outplacement support. “Any decisions that impact our people are never taken lightly; our first priority is to support them through this change,” said Wilson.

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