Future Shop

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Template:Infobox Company Future Shop is a Canadian electronics retailer. It was founded in Vancouver in 1982 by Hassan Khosrowshahi, a Persian-Canadian born in Tehran, Iran in 1940. He settled in Vancouver in 1981, with a degree in economics and law from the University of Tehran. His chain expanded through Western Canada and Ontario in the late 1980s and early 1990s, and in Quebec and Atlantic Canada later in the 1990s, operating a total of 110 stores across all of Canada's provinces by 2005. It also had some locations in the USA but they closed down during the economic crisis in 1999; most locations became Best Buy.

Future Shop was purchased for over CA$500 million by Best Buy on November 4, 2001. Best Buy has continued to operate the Future Shop locations under their original name, although it is now opening Best Buy-branded stores in Canada as well.

Future Shop operates, like Best Buy, in the style of a big-box marketer; they operate large stores with a wide range of products offering good road access. They also choose products aiming primarily for a broad consumer market, although they do sell more specialized equipment aiming highly technical users. For instance, they stock a variety of premade computer systems, and also sell computer motherboards and processors individually. They are also an authorized Apple dealer.

Note: As of 2006, Future Shop no longer carries motherboards, and CPUs (some may be carried in the online store). Future Shop instead focuses on mid to high level complete computer systems. The rationale being, that the average computer user is likely to receive a better computer at a given price point than this same user would receive had they attempted to have the same computer built by an independent retailer.

In addition to their retail business, Future Shop operates an online store, at www.futureshop.ca.

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