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Future Shop celebrates grand opening of new British Columbia store

BBB of Mainland B.C. has the full report as that BBB handles all complaints for Future Shop.

Future Shop, Halifax, Nova Scotia

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  • Calloway, the real estate investment trust (REIT) with the most Future Shop leases, downplayed the effect of the closures. It said that 11 of its 19 locations will be converted to Best Buys, and negotiations with new tenants are already underway at three of the remaining spots.

    The five stores that are closing represent only 0.4 per cent of Calloway's rent, it said in a statement.

    But he too sees big changes ahead for Canadian retail.

    "While Future Shop alone is not the biggest deal, there's no way this is the last retailer that's coming down.… There obviously will be more, because online retailers are taking a big chunk out of the shopping dollar."

  • But he too sees big changes ahead for Canadian retail.

    "While Future Shop alone is not the biggest deal, there's no way this is the last retailer that's coming down.… There obviously will be more, because online retailers are taking a big chunk out of the shopping dollar."

    Calloway, the real estate investment trust (REIT) with the most Future Shop leases, downplayed the effect of the closures. It said that 11 of its 19 locations will be converted to Best Buys, and negotiations with new tenants are already underway at three of the remaining spots.

    The five stores that are closing represent only 0.4 per cent of Calloway's rent, it said in a statement.

  • FutureShop: How to Trade Up to a Luxury Lifestyle Today
    Daniel Nissanoff
    Limited preview - 2007

    Du côté de la direction de Future Shop, on marchait lundi sur des oeufs. «Nous ne discuterons pas avec les médias externes de cette situation», a fait savoir le porte-parole, Christopher Bennett.

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Best Buy kept the Future Shop name, while also opening its own Best Buy stores, a strategy some retail experts said helped keep competitors, such as Circuit City, from also entering Canada.