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Latest Alberta & Prairies Retail Stories
Grey Wolf Animal Health has acquired the Compounding Pharmacy of Manitoba (CPM) for $22.5 million. The deal, which includes a 25,000-square-foot facility and associated land, strengthens Grey Wolf’s presence in the veterinary and human compounding pharmacy markets, said the company. Grey Wolf is a diversified Canadian health company based in Toronto. “We believe CPM is …
Canada’s new immigration policy is unlikely to have a negative impact on the rental-housing market, according to a new GWL Realty Advisors (GWLRA) report. The federal government is aiming to reduce the number of non-permanent residents and lower targets for new permanent immigrants. (Although the government has introduced a number of new policies, they are …
Latest National Retail Stories
Brookfield Asset Management has opened a new office hub in Paris to strengthen its presence in the French market. The company, which has been investing in France since 2015, employs more than 7,000 people across its operations in the country. Its diverse portfolio includes investments in artificial intelligence and digital infrastructure, renewable energy, residential decarbonization, …
Dollarama has announced plans to increase its long-term Canadian store target to 2,200 locations by 2034. The revised forecast marks a 10% increase from the discount retailer’s previous goal of 2,000 stores by 2031. This expansion reflects the company’s confidence in the enduring appeal of its value-driven business model, said Montreal-based Dollarama. The chain currently …
Latest Cross Border News Retail Stories
Brookfield Asset Management has opened a new office hub in Paris to strengthen its presence in the French market. The company, which has been investing in France since 2015, employs more than 7,000 people across its operations in the country. Its diverse portfolio includes investments in artificial intelligence and digital infrastructure, renewable energy, residential decarbonization, …
Dollarama has announced plans to increase its long-term Canadian store target to 2,200 locations by 2034. The revised forecast marks a 10% increase from the discount retailer’s previous goal of 2,000 stores by 2031. This expansion reflects the company’s confidence in the enduring appeal of its value-driven business model, said Montreal-based Dollarama. The chain currently …
Latest Maritimes Retail Stories
Mattress retailer Endy has expanded into Western Canada with the opening of its first Edmonton location. The new store, situated in South Edmonton Commons, marks a significant milestone for the brand as it continues its national expansion, said the company. The move coincides with the opening of a new Silk & Snow store, one of …
Westcliff has acquired a 731,916-square-foot shopping centre in Kitchener, Ont., from Cadillac Fairview. The deal marks Westcliff’s second purchase of a major retail asset from Cadillac Fairview in recent months. Westcliff previously acquired the 784,372-square-foot Champlain Place mall in the Moncton, N.B., area from Cadillac Fairview for an undisclosed price. The Kitchener property is known …
Latest Ontario Retail Stories
Grey Wolf Animal Health has acquired the Compounding Pharmacy of Manitoba (CPM) for $22.5 million. The deal, which includes a 25,000-square-foot facility and associated land, strengthens Grey Wolf’s presence in the veterinary and human compounding pharmacy markets, said the company. Grey Wolf is a diversified Canadian health company based in Toronto. “We believe CPM is …
Dilawri, Canada’s largest automotive group, has acquired Volvo Cars West Island in the Montreal suburb of Pointe-Claire, Que. The purchase marks the company’s first franchised Volvo retail operation in Quebec and its second in Canada. Formerly known as Volvo West Island, the dealership becomes part of Dilawri’s growing network, which now spans 38 automotive brands …
Latest Pacific Canada Retail Stories
PCI Developments and Low Tide Properties have submitted an application to redevelop the Safeway store site in Vancouver’s Kitsilano neighbourhood, according to published reports. The submission to the City of Vancouver was expected after the two local companies acquired the property in the summer from Safeway’s `1`parent Sobeys. According to an Avison Young report, the …
Hudson’s Bay Company will not operate a store at Vancouver’s redeveloped Oakridge shopping centre when it reopens. The Bay store at Oakridge shut down temporarily as QuadReal and Westbank launched a five-year redevelopment project that is slated to conclude in 2025 when the revitalized centre open its doors. Both Toronto-based HBC and QuadReal, have publicly …
Latest Quebec Retail Stories
Dollarama has announced plans to increase its long-term Canadian store target to 2,200 locations by 2034. The revised forecast marks a 10% increase from the discount retailer’s previous goal of 2,000 stores by 2031. This expansion reflects the company’s confidence in the enduring appeal of its value-driven business model, said Montreal-based Dollarama. The chain currently …
Westcliff has acquired a 731,916-square-foot shopping centre in Kitchener, Ont., from Cadillac Fairview. The deal marks Westcliff’s second purchase of a major retail asset from Cadillac Fairview in recent months. Westcliff previously acquired the 784,372-square-foot Champlain Place mall in the Moncton, N.B., area from Cadillac Fairview for an undisclosed price. The Kitchener property is known …