http://www.cbc.ca/news/business/future-shop-stores-closed-across-canada-some-to-become-best-buy-1.3013534
The company said it was shutting down 66 Future Shop stores effective immediately. Meanwhile, another 65 stores will be closed for a week while they are converted to Best Buy stores.
"Due to the consolidation, approximately 500 full-time and 1,000 part-time positions will be eliminated," Best Buy said.
"We were called into a meeting [at 7 a.m.]," said one man employed as a computer sales representative at a Future Shop in Quebec City. "They did offer you choices ... but it was the package deal I took, so that's it."
"I'm keeping my job. I'm a customer service rep," a woman at the store said.
Future Shop was purchased by Best Buy in 2001 for $580 million.
In a statement announcing the latest move, the Burnaby, B.C.-based retailer said it reviewed all locations for both retailers and found some were so close in proximity they shared the same parking lot.
Two years ago, Best Buy spoke of how it had to adapt to a "changing retail landscape" where online stores were winning a greater share of the electronics market as it closed eight Future Shop and seven Best Buy big box stores across the country.