What is Future Shop?
{{Use mdy dates|date=November 2020}} {{Infobox Company |company_name = Future Shop |company_logo = |company_type = [[Subsidiary]] |fate = Merged with [[Best Buy]] |foundation = 1982 |defunct = March 28, 2015 |location = [[Burnaby]], [[British Columbia]], [[Canada]] |key_people = Ron Wilson (President and Chief Operating Officer)<br>Annalisa King (Senior Vice President and Chief Financial Officer)<br>Charles Tobin (Senior Vice President) |industry = [[Retail]] |num_employees = 113,100 |num_locations = 139 |parent = [[Best Buy|Best Buy Canada]] |products = Electronics |company_slogan = |homepage = [http://www.futureshop.ca/ www.futureshop.ca] }} [[File:FutureShop HFX 2007.jpg|thumb|right|A Future Shop in [[Halifax Regional Municipality|Halifax, Nova Scotia]]]] '''Future Shop''' was a [[Canada|Canadian]] electronic retailer. It was headquartered in [[Burnaby]], [[British Columbia]]. The largest Future Shop in Canada was in [[Edmonton, Alberta|Edmonton]], [[Alberta]]. It was purchased on November 4, 2001 for $580 million by [[Best Buy]].<ref>{{cite web|url=http://www.cbc.ca/news/business/best-buy-snaps-up-future-shop-for-580-million-1.285215|accessdate=February 10, 2014|title=Best Buy snaps up Future Shop for $580 million|publisher=Canadian Broadcasting Channel}}</ref> It was founded in 1982 by Hassan Khosrowshahi, an Iranian entrepreneur who settled in [[Vancouver]], [[British Columbia]] after leaving [[Iran]].<ref>{{cite web|url=http://www.fundinguniverse.com/company-histories/future-shop-ltd-history/|accessdate=February 10, 2014|title=Future Shop Ltd. History|publisher=Funding Universe}}</ref> On March 28, 2015, it was announced by Best Buy that they had decided to retire the Future Shop brand and close 66 locations.<ref>{{cite web|url=http://www.cbc.ca/news/business/future-shop-stores-closed-across-canada-some-to-rebrand-as-best-buy-1.3013534|accessdate=October 24, 2015|title=Future Shop stores closed across Canada, some to rebrand as Best Buy|pub