07-24-2017, 05:02 AM
Canadian Best Buys I believe are not fully owned by Best Buy's Parent company. Instead, I believe they are a former chain of electronics stores that got bought up by Best Buy after a small presence was made in Canada, and then were merged under the Best Buy name. Or something like that.
Albeit source is wikipedia, this is what I found:
link: https://en.wikipedia.org/wiki/Best_Buy
Albeit source is wikipedia, this is what I found:
Quote:Later that year(2001), Best Buy acquired the British Columbia, Canada-based electronics-chain Future Shop Ltd., marking its entrance to the international marketplace.[26][34] Under the deal, Future Shop was purchased for approximately $377 million and continued to operate as subsidiary independent from Best Buy Canada.
In September of that year(2002), Best Buy opened the first Canadian Best Buy-branded store in Mississauga, Ontario.
On March 28, 2015, Best Buy announced the shutdown of the Future Shop chain in Canada; 65 of its 131 former locations were converted into Best Buy locations, while the rest (primarily those in close proximity to an existing Best Buy) were shuttered permanently.
link: https://en.wikipedia.org/wiki/Best_Buy
