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 ...

Virk shuffled to new job after Kwantlen flap
 
Lack of addiction treatment flagged by crime panel
 
Police seek machete-wielding attacker
Province okays transit tax referendum question, with some tweaks
 
Festival of Trees raises $1,200 for Mission Christmas Bureau
 
Steveston Lifeboat was out training when collision occurred
Trinity Western University in Langley sues law society over law school
 
Mission district to enforce parking downtown
 
Blazing a trail in brand new sport

Community Events, December 2014

Add an Event