Does Future Shop Still Exist?

Future Shop was a Canadian electronics store chain. It was established in 1982 by Hassan Khosrowshahi. ... On March 28, 2015, Best Buy announced the dissolution of the Future Shop brand and the closure of 66 of its locations. The remaining stores were converted to the Best Buy branding and format.

Who owned Future Shop?

Hassan Khosrowshahi (Persian: حسَن خسروشاهی‎) CM OBC, is an Iranian-Canadian business magnate, investor, and philanthropist. He founded Future Shop, a Canadian consumer electronics chain store that was acquired by Best Buy in 2001 for c. $580 million.

When did Future Shop open in Toronto?

1993: Future Shop goes public on Toronto and Vancouver stock exchanges as Canada's largest electronics retailer. The company has 36 stores in Canada and two in the U.S., with plans to open 16 new locations within the year.

Chloe Bennett

Chloe Bennett

Culture, Media & Entertainment Columnist

Chloe Bennett explores the intersection of pop culture, streaming entertainment, digital trends, and contemporary lifestyle. Her weekly commentary reaches thousands of culture enthusiasts.