Air Miles (airline)
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Air Miles (airline)
Air Miles is a group of loyalty programs operated by different companies in each region where the brand operates - the programs are available in Canada, the Netherlands, Bahrain, Qatar, and the United Arab Emirates. Points are earned on purchases at participating merchants and can be redeemed against flights with specific airlines. In 2023, the owner of the name and concept used by Air Miles filed for bankruptcy. On 1 June, the Bank of Montreal (or BMO) acquired the loyalty program and the international right to use and license its name. Overview The Air Miles concept was created by Sir Keith Mills and began operating in the UK in November 1988. British company Loyalty Management Group (LMG) operated the program and licensed the rights to it in other countries by other operators. LMG was later acquired by Canadian firm Group Aeroplan, now Aimia, which retains the intellectual property associated with the Air Miles name and logo internationally and is the majority partner ...
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LoyaltyOne
LoyaltyOne, Co. provides loyalty marketing services to enterprises in retail, financial services, grocery, petroleum retail, travel, and hospitality sectors globally. Under the Alliance Data umbrella, it offer services in coalition loyalty programs, analytics and retail solutions, loyalty consulting and customer analytics. History In 1991, entrepreneurs Craig Underwood, Sam Duboc, and Rob Gierkink began planning a coalition loyalty program, involving partners drawn from retail and financial services sectors. This resulted in the March 1992 launch of the Air Miles reward program. In 1998, Alliance Data acquired Loyalty Management Group Canada Inc., parent company of the AIR MILES program, and in 2008 renamed it LoyaltyOne. Businesses Air Miles Air Miles is a Canadian rewards program, with over 11 million active collector accounts within approximately two-thirds of all Canadian households. Cash Rewards or Dream Rewards are redeemable with hundreds of rewards partners across ...
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Jean Coutu Group
The Jean Coutu Group (PJC) Inc. is a Canadian drugstore chain headquartered in Varennes, Quebec. It has more than 400 franchised locations in New Brunswick, Ontario and Quebec under the PJC Jean Coutu, PJC Clinique, and PJC Santé banners. The company was once the third largest distributor and retailer of pharmaceuticals and related products in North America, with nearly 2,200 drug stores. Its American stores have been sold to Rite Aid. The company is also known for its private line "Personnelle", which produces a wide variety of products such as cosmetics, papers, and pharmaceutical products. Since 2017, the main distribution warehouse is located in Varennes, Quebec (after Longueuil 1976-2015), though there is also a large distribution warehouse in Hawkesbury, Ontario, since 2005. History The company was co-founded in 1969 by Jean Coutu and Louis Michaud, as a pharmacy in the east end of Montreal. The company became incorporated in 1973 under the name Services Farmico, e ...
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Netherlands
) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherlands , established_title2 = Act of Abjuration , established_date2 = 26 July 1581 , established_title3 = Peace of Münster , established_date3 = 30 January 1648 , established_title4 = Kingdom established , established_date4 = 16 March 1815 , established_title5 = Liberation Day (Netherlands), Liberation Day , established_date5 = 5 May 1945 , established_title6 = Charter for the Kingdom of the Netherlands, Kingdom Charter , established_date6 = 15 December 1954 , established_title7 = Dissolution of the Netherlands Antilles, Caribbean reorganisation , established_date7 = 10 October 2010 , official_languages = Dutch language, Dutch , languages_type = Regional languages , languages_sub = yes , languages = , languages2_type = Reco ...
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Chapter 11 Bankruptcy
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to t ...
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Safeway (Canada)
Safeway (also referred to as Canada Safeway) is a Canadian supermarket chain of 135 full service supermarket stores mostly operating in the western provinces in Canada. It was established in 1929 as a subsidiary of the American Safeway Inc., before being sold in 2013 to Canada's second-largest supermarket chain, Sobeys, a division of the conglomerate Empire Company. It is now independent from the American company (owned by Albertsons) but continues to use the same Safeway name and logo. It is a participant in the voluntary Scanner Price Accuracy Code managed by the Retail Council of Canada. History Early years Safeway Inc. established its Canadian operation as Canada Safeway Limited with nine stores in 1929 with headquarters in Winnipeg. In 1935, it acquired the 179 Canadian Piggly Wiggly stores. In 1969, Safeway entered the Toronto market by opening new stores, rather than by acquisition. The firm ultimately failed against entrenched competition in this market. 1970s and 198 ...
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Sobeys
Sobeys Inc. is the second largest supermarket chain in Canada, with over 1,500 stores operating across Canada under a variety of banners. Headquartered in Stellarton, Nova Scotia, it operates stores in all ten provinces and accumulated sales of more than C$25.1 billionhttps://www.empireco.ca/wp-content/uploads/2019/07/2019-Empire-AR.pdf in the fiscal 2019 operating year. It is a wholly owned subsidiary of Empire Company Limited, a Canadian business conglomerate. It is a participant in the voluntary Scanner Price Accuracy Code managed by the Retail Council of Canada. History Sobeys was founded in Stellarton, Nova Scotia by John W. Sobey in 1907 as a meat delivery business. In 1924, his son Frank H. Sobey convinced him to expand into a full grocery business, serving the industrial Pictou County region. From that point until his death, Frank was the driving force behind the business. Sobeys opened its first self-serve supermarket in 1949. The chain eventually expanded thr ...
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Staples Inc
Staples Inc. is an American retail company headquartered in Framingham, Massachusetts, that offers products and services designed to support working and learning. The company opened its first store in Brighton, Massachusetts on May 1, 1986. By 1996, it had reached the Fortune 500, and it later acquired the office supplies company Quill Corporation. In 2014, in the wake of increasing competition from e-commerce market, Staples began to close some of its locations. In 2015, Staples announced its intent to acquire Office Depot and OfficeMax. However, the purchase was blocked under antitrust grounds due to the consolidation that would result. After the failed acquisition, Staples began to refocus its operations to downplay its brick-and-mortar outlets, and place more prominence on its B2B supply business. In 2017, after its sale to Sycamore Partners, the company was effectively split into three "independently managed and capitalized" entities sharing the Staples name, separating ...
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Liquor Control Board Of Ontario
The Liquor Control Board of Ontario (LCBO) is a Crown corporation that retails and distributes alcoholic beverages throughout the Canadian province of Ontario. It is accountable to the Legislative Assembly through the minister of finance. It was established in 1927 by the government of Premier George Howard Ferguson to sell liquor, wine, and beer. Such sales were banned outright in 1916 as part of prohibition in Canada. The creation of the LCBO marked an easing of the province's temperance regime. By September 2017, the LCBO was operating 651 liquor stores. The LCBO maintained a quasi-monopoly on the trade in alcoholic beverage sales in Ontario for nearly a century after its creation: for most of this time, LCBO stores were the only retail outlets licensed to sell alcohol in Ontario, with the notable exceptions of beer (The Beer Store had a quasi-monopoly on retailing beer during most of this period) and a number of wine shops, which had once been relatively diverse but had lar ...
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Réno-Dépôt
Réno-Dépôt (known as Reno-Depot outside of Quebec) is a Canadian chain of home supply stores owned by Lowe's. Primarily operating in Quebec, Réno-Dépôt is a warehouse-styled format with a focus on discounted renovation and household hardware products. The chain briefly expanded into Ontario under the name The Building Box; following Rona's acquisition of Réno-Dépôt, these stores were re-branded as Rona Home & Garden locations. History In 1987, Groupe Val Royal entered into a strategic agreement with the Molson Companies and acquired the Castor Bricoleur stores, located in Québec. These stores became Brico Centres. In 1992, Groupe Val Royal, with its partner Aikenhead's, a division of the Molson Companies, announced the creation of Réno-Dépôt warehouse stores. The first location opened in Brossard. After the Brossard store, Montréal welcomed its first branch location in August 1993, in Anjou. In 1994, two other stores opened their doors: Laval and Pointe-Claire, fol ...
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Rona (store)
Rona, Inc. (stylized as RONA) is a Canadian retailer of home improvement and construction products and services, owned by the United States-based retailer Lowe's. Founded in 1939, the company operates a mixture of company-owned and franchised retailers under multiple banners, including Rona, its big box formats Rona Home & Garden (Rona L’Entrepôt in Quebec) and Réno-Dépôt, as well as smaller brands such as Rona Cashway, Marcil Centre de Rénovation, Moffatt & Powell and Dick's Lumber. Lowe's acquired Rona for $3.2 billion CAD in May 2016. In November 2022, Lowe's announced it would sell its Canadian operations, including Rona, to private equity firm Sycamore Partners. History In September 1939, Rona was founded as "Les Marchands en Quincaillerie" (The Merchants of Hardware), an alliance of independent Montreal-area hardware retailers who sought the buying power to bypass wholesalers and deal directly with manufacturers. On July 20, 1960, the Ro-Na name was adopted, nam ...
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Lowe's
Lowe's Companies, Inc. (), often shortened to Lowe's, is an American retail company specializing in home improvement. Headquartered in Mooresville, North Carolina, the company operates a chain of retail stores in the United States and Canada. As of February 2021, Lowe's and its related businesses operates 2,197 home improvement and hardware stores in North America. Lowe's is the second-largest hardware chain in the United States (previously the largest in the U.S. until surpassed by The Home Depot in 1989) behind rival The Home Depot and ahead of Menards. It is also the second-largest hardware chain in the world, also behind The Home Depot but ahead of European retailers Leroy Merlin, B&Q, and OBI. History The first Lowe's store, North Wilkesboro Hardware, opened in North Wilkesboro, North Carolina, in 1921 by Lucius Smith Lowe. After Lowe died in 1940, the business was inherited by his daughter, Ruth Buchan, who sold the company to her brother, James Lowe, that same year. Ja ...
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Gift Card
A gift card also known as gift certificate in North America, or gift voucher or gift token in the UK is a prepaid stored-value money card, usually issued by a retailer or bank, to be used as an alternative to cash for purchases within a particular store or related businesses. Gift cards are also given out by employers or organizations as rewards or gifts. They may also be distributed by retailers and marketers as part of a promotion strategy, to entice the recipient to come in or return to the store, and at times such cards are called cash cards. Gift cards are generally redeemable only for purchases at the relevant retail premises and cannot be cashed out, and in some situations may be subject to an expiry date or fees. American Express, MasterCard, and Visa offer generic gift cards which need not be redeemed at particular stores, and which are widely used for cashback marketing strategies. A feature of these cards is that they are generally anonymous and are disposed of when ...
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