New Westminster News Leader

Best Buy closes Queensborough store

A security guard was stationed outside of the Best Buy Queensborough Landing store after it was closed Thursday. - Mario Bartel/NewsLeader
A security guard was stationed outside of the Best Buy Queensborough Landing store after it was closed Thursday.
— image credit: Mario Bartel/NewsLeader

Best Buy Canada has closed 15 stores across Canada including the Queensborough Landing location in New Westminster.

On Thursday morning, a security guard stood by the locked entrance doors.

A press release said Best Buy was closing eight Future Shop and seven Best Buy big box stores. In the next three years, Best Buy plans to change its strategy by opening new small concept Future Shop web stores and Best Buy Mobile in more locations and smaller markets across the country.

Best Buy said the move is an effort to reduce costs, eliminate redundant operating systems and to optimize its real estate to reflect the market.

Employees at the closed stores will receive severance and career transition help. They'll also have a higher priority for hiring in other stores in Canada.

The company will continue to have 120 Best Buy and Best Buy Mobile, and 140 Future Shop locations across Canada.

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.

You might like ...

City names winner of Our City photo contest
 
UPDATED: Gravel barge strikes Mission train bridge piling
 
Pastor passes out poverty plan plea
Pitt Meadows pans medical pot production
 
Starlight Gala raises $529,000 for Richmond Hospital
 
George Canyon plays in Mission
Hikers rescued from Dewdney Mountain
 
Liberals busy on Saturday
 
Trial date set for former Maple Ridge chamber executive-director

Community Events, October 2014

Add an Event