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Parent. Best Buy Canada. (2001–2015) Website. www .bestbuy .ca. Future Shop was a Canadian electronics store chain. It was established in 1982 by Hassan Khosrowshahi. [1] By 1990, the chain had become the country's largest retailer of computer and consumer electronics. In January 2013, the company operated 139 locations across Canada.
Hassan Khosrowshahi CM OBC ( Persian: حسن خسروشاهی; born 1940) 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. He currently invests via his family office, Persis Holdings Ltd.
Best Buy purchased the company for $425 million in cash and the assumption of $271 million of Musicland debt. Later that year, Best Buy acquired the British Columbia, Canada-based electronics-chain Future Shop Ltd., marking its entrance to the international marketplace.
Polymer Corporation – sold to NOVA Corp and then Bayer AG. Radio Shack (Canadian division) – electronics store. Seagram – spirits and wine. Target Canada – closed because of a $2.1 billion loss for Target Corporation. Terra Transport. Towers Department Stores – department store chain; acquired by Zellers.
Owner and founder of Future Electronics. Children. 2. Robert Gerald Miller (born July 1943) is a Canadian billionaire businessman who founded Future Electronics in 1968, and built it into the world's third-largest electronics distributor. He stepped down as the company's president and chief executive officer following allegations by at least 28 ...
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Future Electronics Inc. Future Electronics Inc. is a distributor of electronic and electro-mechanical components headquartered in Pointe-Claire, Quebec . Future Electronics is one of Quebec's largest privately owned companies [4] and is currently the third largest electronics distributor in the world. [5] It operates in 170 locations in 44 ...
Future Shop — electronics retailer; Highway Book Shop — near Cobalt, Ontario; HMV Canada — entertainment retailer; Horizon — department stores (possibly owned by Easton) Hyman's Book and Art Shoppe — an independent Jewish bookstore in Toronto; J. Pascal's Hardware and Furniture; Jumbo Video — video rental shop chain; Justice Canada ...