Alberni Mall
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Alberni Mall
Alberni Mall is an outdoor shopping mall located in Port Alberni, British Columbia. Formerly an indoor mall until April 15, 2007, major renovation and redevelopment of the former mall complex began in the spring of that year, and it will most likely also be renamed as part of its updating. History In 1977, Royal Oak Holdings, a Vancouver-based company which had recently opened the Ironwood Mall in Campbell River, British Columbia, were approached by a group of Port Alberni citizens about building an indoor mall in their city. At the time, Port Alberni was one of the few larger towns in British Columbia that did not have an indoor mall. The proposition received support from then-Port Alberni mayor Jim Robertson, the city's council, the Alberni-Clayoquot Regional District, and major retailers. A twin movie theatre and two banks were included as part of the proposed mall's original plans, but those plans were dropped prior to the beginning of the construction phase. The mall's site, ...
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Port Alberni, British Columbia
Port Alberni () is a city located on Vancouver Island in the province of British Columbia, Canada. The city lies within the Alberni Valley at the head of the Alberni Inlet, Vancouver Island's longest inlet. It is the location of the head offices of the Alberni-Clayoquot Regional District. Port Alberni currently has a total population of 18,259. Port Alberni is served by the coast-spanning Island Highway system, the Island Rail Corridor, and a local airport. History Port Alberni was named for Captain Don Pedro de Alberní, a Spanish officer, who commanded Fort San Miguel at Nootka Sound on Vancouver Island's west coast from 1790 to 1792. Port Alberni and the West Coast of Vancouver Island is the traditional territory of the Tseshaht and Hupacasath First Nations of the Nuu-Chah-Nulth Tribal Council. The Nuu-chah-nulth were previously called the Nootka. Many place names in Port Alberni have a Nuu-chah-nulth origin, such as Somass (washing), Kitsuksis (log across mouth of cr ...
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Power Centre (retail)
A power center or big-box center (known in Canadian and Commonwealth English as power centre or big-box centre) is a shopping center with typically of gross leasable area that usually contains three or more big box anchor tenants and various smaller retailers, where the anchors occupy 75–90% of the total area. Origins and history 280 Metro Center in Colma, California is credited as the world's first power center. Available through ProQuest Central. In 1986, local real estate developer Merritt Sher opened 280 Metro Center next to Interstate 280 as an open-air strip shopping center dominated by big-box stores and category killers. As originally constructed, 280 Metro Center featured of gross leasable area on a 33-acre (13.3 ha) lot, Available via ProQuest ABI/INFORM Collection. which was home to seven anchor tenants, 27 smaller shops, and a six-screen movie theater. The original seven anchors were Federated Electronics, The Home Depot, Herman's Sporting Goods, Marshal ...
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Shopping Malls In British Columbia
Shopping is an activity in which a customer browses the available goods or services presented by one or more retailers with the potential intent to purchase a suitable selection of them. A typology of shopper types has been developed by scholars which identifies one group of shoppers as recreational shoppers, that is, those who enjoy shopping and view it as a leisure activity.Jones, C. and Spang, R., "Sans Culottes, Sans Café, Sans Tabac: Shifting Realms of Luxury and Necessity in Eighteenth-Century France," Chapter 2 in ''Consumers and Luxury: Consumer Culture in Europe, 1650-1850'' Berg, M. and Clifford, H., Manchester University Press, 1999; Berg, M., "New Commodities, Luxuries and Their Consumers in Nineteenth-Century England," Chapter 3 in ''Consumers and Luxury: Consumer Culture in Europe, 1650-1850'' Berg, M. and Clifford, H., Manchester University Press, 1999 Online shopping has become a major disruptor in the retail industry as consumers can now search for product ...
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List Of Shopping Malls In Canada
This article is a list of notable shopping malls in Canada by province. Canada's first indoor mall was the Lister Block, originally opened in 1852, in Hamilton, Ontario. The Lister Block was destroyed by fire and rebuilt in 1924. In 2011 the building was completely rebuilt. Opened in 1949, the first shopping mall in Canada is the Norgate shopping centre, a strip mall in Saint-Laurent, Montreal, Quebec. The first enclosed shopping mall was the Park Royal Shopping Centre in West Vancouver, British Columbia, which opened a year later, in 1950. As of May 2017, there are 3,742 enclosed and strip malls in Canada that are larger than . Alberta Calgary * Bankers Hall * Chinook Centre * The CORE Shopping Centre * CrossIron Mills * Deerfoot City * Market Mall * Marlborough Mall * New Horizon Mall * North Hill Centre * Northland Village Mall * Southcentre Mall * Stephen Avenue Place (formerly Scotia Centre) *Sunridge Mall * Westbrook Mall Edmonton * Bonnie Doon Shopping Centre * ...
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The Brick
The Brick Ltd. is a Canadian retailer of furniture, mattresses, appliances and home electronics. The company was founded as The Brick Warehouse LP by brothers, John, Fred, and Bill Comrie. The first warehouse opened on September 1, 1971 in Edmonton, Alberta. Its first expansion was to Fort McMurray, Alberta in the 1970s and later acquired a competitor in the city of Calgary. Over the past 51 years, The Brick has expanded across Canada and now operates 136 retail stores (including 20 franchise locations) in every province and territory except for Nunavut, while Quebec stores are branded simply as Brick. In addition, the Brick Group Income Fund operates distribution centres in Calgary, Edmonton, Vancouver, Winnipeg, Toronto, Montreal and Dartmouth. History The company was founded as The Brick Warehouse LP by brothers, John, Fred, and Bill Comrie. The first warehouse opened on September 1, 1971 in Edmonton, Alberta. Its first expansion was to Fort McMurray, Alberta in the 19 ...
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Home Hardware
Home Hardware Stores Ltd. is a privately held Canadian home improvement, construction materials, and furniture retailer. Co-founded in 1964 by Walter Hachborn and headquartered in St. Jacobs, Ontario, the chain is co-operatively owned by over 1100 independently owned member stores, including one of them located in the French territory of Saint Pierre and Miquelon. Store brands Home Hardware store brands are well known in Canada and include: * Beauti-Tone (paint) * Benchmark (tools) * Builders Hardware (hinges, latches, etc.) * HomePack (screws, nails etc.) * Home Plumber * Home Essentials * Home Handyman * Home Gardener * HomeWorks Home Remodeling Software * Home-Bond (glues) * HomeWares (kitchenwares) * Kuraidori (kitchen accessories) * Natura (green products) * Classic (lighting fixtures) * Radley (power tools) * Reactor (electrical devices) * River Trail (camping supplies) * Screeneze (screened porch solution with no splines) * Unival (automotive) * Weathershield (caulking, ...
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Great Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. ...
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Dollar Giant
Dollar Tree, Inc. is an American multi-price-point chain of discount variety stores. Headquartered in Chesapeake, Virginia, it is a ''Fortune'' 500 company and operates 15,115 stores throughout the 48 contiguous U.S. states and Canada. Its stores are supported by a nationwide logistics network of 24 distribution centers. Additionally, the company operates stores under the name of Dollar Bills, as well as a multi-price-point variety chain under the Family Dollar banner. Dollar Tree competes in the dollar store and low-end retail markets. Each Dollar Tree stocks a variety of products, including national, regional, and private-label brands. Departments found in a Dollar Tree store include health and beauty, food and snacks, party, seasonal décor, housewares, glassware, dinnerware, household cleaning supplies, candy, toys, gifts, gift bags and wrap, stationery, craft supplies, teaching supplies, automotive, electronics, pet supplies, and books. Most Dollar Tree stores also sell ...
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Dollar Store
A variety store (also five and dime (historic), pound shop, or dollar store) is a retail store that sells general merchandise, such as apparel, automotive parts, dry goods, toys, hardware, home furnishings, and a selection of groceries. It usually sells them at discounted prices, sometimes at one or several fixed price points, such as one dollar, or historically, five and ten cents. Variety stores do not include larger formats: general merchandise superstores (hypermarkets) such as Target and Walmart. Warehouse clubs like Costco, grocery stores, and department stores are also not considered variety stores. Economics Pricing and margins Some items are offered at a considerable discount over other retailers, whereas others are at the same price point. There are two ways variety stores make a profit: * Buying and selling vast amounts of goods at heavily discounted prices provides a small profit margin multiplied by the volume of sales. * Pricing many items at prices that are hi ...
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Mark's Work Wearhouse
Mark's (known as L'Équipeur in Quebec) is a Canadian clothing and footwear retailer specializing in casual and industrial wear. Beginning in 1977 as Mark's Work Wearhouse in Calgary, Alberta, it evolved from an industrial accessories dealer to a men’s casual and industrial wear retailer. The company operates over 380 stores across Canada and has been a subsidiary of Canadian Tire since 2002. History Mark Blumes, formerly a retail executive for the Hudson's Bay Company, opened Mark's Work Wearhouse in Calgary, Alberta, on August 14, 1977. The store was located in the southeast corner of Calgary, at Centre Street and Glenmore Trail. Following rapid expansion, the company became publicly traded in 1981, with an initial public offering worth $14,000,000. In 1995, the Board of Directors appointed Garth Mitchell as President and Chief Operating Officer of the company. Under Mitchell, the chain entered a new phase characterized by growth and acquisition. The 140 stores generated ...
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The Source (retailer)
The Source Electronics Inc., doing business as The Source (french: La Source), is a Canadian consumer electronics and cell phone retail chain. The chain goes back over 40 years in Canada, initially as Radio Shack and later as The Source by Circuit City. The Source is now owned by BCE Inc., which purchased the assets of InterTAN from its parent, American retailer Circuit City, in 2009. The Source is a unit of 4458729 Canada Inc. and is based in Barrie, Ontario. Background The Source began as the Canadian branch of Radio Shack (later "RadioShack"). The chain was originally owned by Radio Shack's American parent company Tandy Corporation, but was spun off in June 1986, along with the rest of Tandy's international operations, as InterTAN. A licensing agreement with what became RadioShack Corporation allowed InterTAN to continue to use the chain's name and logo. InterTAN abandoned its non-profitable West German stores in 1987, left Belgium and France in 1993, sold its British stores ...
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Dead Mall
A dead mall (also known as a ghost mall, zombie mall, or abandoned mall) is a shopping mall with a high vacancy rate or a low consumer traffic level, or that is deteriorating in some manner. Many malls in North America are considered "dead" (for the purposes of leasing) when they have no surviving anchor store or successor that could attract people to the mall. Without the pedestrian traffic that department stores previously generated, sales volumes decline for almost all stores and rental revenues from those stores can no longer sustain the costly maintenance of the malls. Without good pedestrian access, smaller stores inside malls are difficult to reach. Changes in the retail climate Structural changes in the department-store industry have also made survival of these malls difficult. These changes have contributed to some areas or suburbs having insufficient traditional department stores to fill all the existing larger-lease-area ''anchor spaces''. A few large national ...
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