One Of Fifteen Stores To Close
Feeling pressure from online electronics outlets such as Amazon, Best Buy Canada has announced it will close 15 stores in Canada and the store in Nanaimo is one of them. Pressure from Target coming into the market is also another factor in the closing.
The Future Shop store in Nanaimo is unaffected by the company cut backs, however the Best Buy stores in Victoria and Langford (Westshore Town Centre) will also be closing.
Across the chain 900 workers will now be hitting the bricks looking for another job.