When Future Shop opened in West Kelowna October, 2011, few would have predicted its future closure 16 months later.
The big box store was one of 15 Best Buy and Future Shop locations to shut their doors for good Thursday.
According to a Best Buy Canada press release, the closures are phase one of a long-term “transformational strategy to optimize the company’s retail footprint across the country.”
The evolution will focus on rolling out smaller web concept and mobile locations throughout Canada over the next 36 months.
“Employees affected by the Best Buy and Future Shop store closures will receive severance support as well as access to employee assistance programs and career transition support,” the release stated.
The closure was done without advance notice; nearly 50 jobs will be lost as a result of the shutdown.