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15 Future Shop and Best Buy stores to be closed
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Best Buy Canada plans to close seven of its big box locations across Canada and close eight Future Shop stores across the country.
Best Buy has closed at least two stores in Quebec. (Canadian Press)
As part of a restructuring plan, the B.C.-based retailer announced the plan to "optimize the company’s retail footprint" in a statement Thursday.
The company says the following locations are affected:
New Westminster, B.C. (Queensborough)
Nanaimo, B.C.
Victoria, B.C.
Langford, B.C (Westshore Town Centre)
Surrey, B.C.
Lachenaie, Que.
Sherbrooke, Que. (SmartCentres Sherbrooke).
The Future Shop locations set to close are:
West Kelowna, B.C.
Montreal (Forum Entertainment Center)
Laval, Que. (First Pro Ste-Dorothee)
Winnipeg, Man. (Regent Ave.)
Calgary, Alta. (Macleod Trail)
Ancaster, Ont.
Barrie South, Ont.
Mississauga, Ont. (Erin Mills)
As many as 900 jobs could be affected, or roughly five per cent of the company's Canadian work force.
The company told CBC News employees affected by the closures will receive severance support as well as access to employee assistance programs and career transition support.
A company spokesperson said all gift cards and repair contracts from closed stores will be honoured at other locations.
Best Buy said the store closures are part of an ongoing restructuring plan that will see the chain re-open a number of small-concept web stores and mobile kiosks over the next three years.
http://www.cbc.ca
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