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To strengthen its position as Canada’s leading provider of consumer electronics products, services and solutions, Best Buy Canada, a subsidiary of Best Buy Co., Inc. (NYSE:BBY) – which owns and operates both Best Buy and Future Shop stores – today announced it is consolidating the Future Shop and Best Buy stores and websites under the Best Buy brand and unveiled an ambitious plan to build a leading multi-channel customer experience.
Best Buy Canada also announced today it has reviewed its real estate footprint to address the fact that a significant number of its Future Shop and Best Buy stores are located adjacent to each other, often in the same parking lot.
Best Buy, the world’s leading consumer electronics retailer, will accelerate and fuel its rapidly expanding e-commerce and mobile development capabilities by opening a technology development center in Seattle.
The development center will open in late spring 2015 in the booming, tech-centric South Lake Union area of Seattle and will focus on mobile development, private cloud and omnichannel-application development. It will employ more than 50 engineers, product managers, web architects and developers in the next year and is expected to expand to more than 100 e-commerce professionals over time.