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Rossy
Rossy is a Canadian regional chain of variety stores located primarily in the provinces of Quebec, Newfoundland, New Brunswick and Nova Scotia, Canada. The company was founded by Michael Rossy in 1949. During the 1960s to the 1990s, different Rossy stores in Montreal were often located within a walking distance from each other. Today such proximities among the stores are less common; but in contrast, the chain has expanded its presence throughout the province. The first Rossy store in Ontario was opened in 1981 in the city of Cornwall, Ontario. In Newfoundland, the last of Hart's former Bargain Giant locations were converted in 2012 to Rossy stores. Michael Rossy died in 2010 at the age of 88. He was the uncle of Larry Rossy, the founder of Dollarama Dollarama is a Canadian dollar store retail chain headquartered in Montreal. Since 2009 it is Canada's largest retailer of items for five dollars or less. Dollarama has over 1400 stores and has a presence in every province of C ...
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Dollarama
Dollarama is a Canadian dollar store retail chain headquartered in Montreal. Since 2009 it is Canada's largest retailer of items for five dollars or less. Dollarama has over 1400 stores and has a presence in every province of Canada; Ontario has the most stores. History Rossy S Inc. The first all-dollar store was founded in Montreal in 1910 by Salim Rassy, a Lebanese immigrant, whose name became Rossy. His son George took over the retailer in 1937 and led the company until his death in 1973 when grandson Larry Rossy assumed leadership of it when it had 20 stores. Dollarama The discount retailer grew to 44 stores by 1992 which until then operated under the name Rossy S Inc. (not to be confused with Rossy Michael, a similar chain founded in 1949 by another son of Salim Rassy). That year, Larry Rossy opened the first Dollarama at the shopping centre "Les promenades du St-Laurent" in Matane. By the late 1990s, Dollarama had become by far the primary source of revenue for the Ross ...
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Bargain Giant
Hart Stores Inc. is a mid-sized value-driven department store in Eastern Canada. It was founded in 1960 by Harry Hart, in Rosemère, Quebec. Hart stores is based in the provinces of Quebec, New Brunswick, and Ontario. The head office used to be in the Montreal borough of Anjou but moved to Laval, Quebec, a northern suburb of Montreal, in early 2006. The company operates 60 stores across Canada, branded as Hart, primarily in smaller and suburban markets. Before running into financial difficulties in 2011, the chain had 92 stores under the Hart and Bargain Giant banners, extending as far east as Newfoundland. The average store is approximately . The company positions itself within the market as a niche marketer. The target customer is low-to-average income consumers. Hart's pricing strategy is to implement everyday low prices and a high/low strategy. The company does not emphasize a private label within their stores. Hartco The Hart clothing retail operation was one of several div ...
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Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision ...
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Retail Companies Established In 1949
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision of ...
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Discount Stores Of Canada
Discount may refer to: Arts and entertainment *Discount (band), punk rock band that formed in Vero Beach, Florida in 1995 and disbanded in 2000 * ''Discount'' (film), French comedy-drama film * "Discounts" (song), 2020 single by American rapper Cupcakke Economics and business * Discounts and allowances, reductions in the basic prices of goods or services *Discounting, a financial mechanism in which a debtor obtains the right to delay payments to a creditor *Delay discounting, the decrease in perceived value of receiving a good at a later date compared with receiving it at an earlier date *Discount store A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down cost ...
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Companies Based In Montreal
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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1949 Establishments In Canada
Events January * January 1 – A United Nations-sponsored ceasefire brings an end to the Indo-Pakistani War of 1947. The war results in a stalemate and the division of Kashmir, which still continues as of 2022. * January 2 – Luis Muñoz Marín becomes the first democratically elected Governor of Puerto Rico. * January 11 – The first "networked" television broadcasts take place, as KDKA-TV in Pittsburgh, Pennsylvania goes on the air, connecting east coast and mid-west programming in the United States. * January 16 – Şemsettin Günaltay forms the new government of Turkey. It is the 18th government, last One-party state, single party government of the Republican People's Party. * January 17 – The first Volkswagen Beetle, VW Type 1 to arrive in the United States, a 1948 model, is brought to New York City, New York by Dutch businessman Ben Pon Sr., Ben Pon. Unable to interest dealers or importers in the Volkswagen, Pon sells the sample car to pay his ...
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