Description: Future Shop, a consumer electronic retail giant, is closing its stores, resulting in 1,500 job losses. Future Shop is closing 66 stores immediately, and the remainder 65 will turn into Best Buy outlets.
Source: CBC
Date: March 28, 2015
Video and Text Link: http://www.cbc.ca/player/News/Business/ID/2661222339/
Questions for Discussion:
- What are the reasons for this closure?
- Why are retail outlets under threat in Canada?
- How can a retail outlet survive against online stores?
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