News

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 ...

Stay back from raging Chilliwack-Vedder river system
 
Garbage dumping in Chilliwack targeted in a new way
 
Penny Lett blood drive currently second largest in B.C.
Hit and run victim identified
 
Displays light up the season
 
Final touches for new South Surrey rail bridge
Outgoing Pitt Meadows council meets one last time
 
Rain takes toll on Silver Valley road
 
Burton Cummings comes to Mission