Unicity Mall
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Unicity Mall
Unicity Mall was an enclosed shopping mall in Winnipeg, Manitoba. It was named for the 1972 unicity restructuring of city management. Originally known as Unicity Fashion Square when it opened in September 1975, the mall was anchored by a Woolco and The Bay, and was one of only three malls in the city, along with Polo Park and Grant Park Shopping Centre. Managed by Trizec Corporation, the mall initially prospered despite one wing being almost completely empty. The food court's McDonald's was the first to be placed inside a mall in western Canada. Today, the mall has been redeveloped into the Unicity Shopping Centre, a commercial site with individual buildings. History Unicity Mall was opened in September 1975 as Unicity Fashion Square, and was anchored by a Woolco and The Bay, and was one of only three malls in the city, along with Polo Park and Grant Park Shopping Centre. In the mid 1980s, the local economy was slowing down and the mall began losing tenants. By the 199 ...
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Trizec Corporation
Trizec Properties, Inc., previously known as TrizecHahn Corporation, was a real estate investment trust headquartered in Chicago, Illinois. It was originally a Canadian company. The name is derived from the initials of the three groups (Tri) that formed Trizec Properties Ltd: Zeckendorf, Eagle Star, and Covent Gardens. In 1994, it was acquired by Peter Munk and in October 2006, it was acquired by Brookfield Properties and The Blackstone Group. History Trizec was founded in 1960 by William Zeckendorf with British associates recapitalize the Place Ville Marie development in Montreal. In the 1970s, the Toronto branch of the Bronfman family acquired a 50.1% controlling interest in Trizec through its holding company, Edper Investments. The Bronfmans were also owners of Carena Properties, successor to the Canadian Arena Company. In the 1980s, Trizec acquired The Hahn Company. In 1984, Trizec acquired a controlling interest in Toronto-based property developer Bramalea Ltd. After adding ...
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Board Of Directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germ ...
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Burger King
Burger King (BK) is an American-based multinational chain store, chain of hamburger fast food restaurants. Headquartered in Miami-Dade County, Florida, the company was founded in 1953 as Insta-Burger King, a Jacksonville, Florida–based restaurant chain. After Insta-Burger King ran into financial difficulties in 1954, its two Miami-based franchisees David Edgerton (1927–2018) and James McLamore (1926–1996) purchased the company and renamed it "Burger King". Over the next half-century, the company changed hands four times and its third set of owners, a partnership of TPG Capital, Bain Capital, and Goldman Sachs Capital Partners took it public in 2002. In late 2010, 3G Capital of Brazil acquired a majority stake in the company, in a deal valued at US$3.26 billion. The new owners promptly initiated a restructuring of the company to reverse its fortunes. 3G, along with partner Berkshire Hathaway, eventually merged the company with the Canadian-based doughnut chain Tim Hortons ...
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Tim Hortons
Tim Hortons Inc., commonly nicknamed Tim's, or Timmie's is a Canadian multinational coffeehouse and restaurant chain. Based in Toronto, Tim Hortons serves coffee, doughnuts, and other fast-food items. It is Canada's largest quick-service restaurant chain, with 5,352 restaurants in 15 countries, as of June 30, 2022. The company was founded in 1964 in Hamilton, Ontario, by Canadian hockey player Tim Horton (1930–1974) and Jim Charade (1934–2009), after an initial venture in hamburger restaurants. In 1967, Horton partnered with investor Ron Joyce, who assumed control over operations after Horton died in 1974. Joyce expanded the chain into a multi-billion dollar franchise. Charade left the organization in 1966 and briefly returned in 1970 and 1993 through 1996. On August 26, 2014, Burger King agreed to purchase Tim Hortons for US$11.4 billion. The two chains became subsidiaries of the Canadian-American holding company Restaurant Brands International, which is m ...
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Sport Chek
Sport Chek is the largest Canadian retailer of sporting clothing and sports equipment, with 191 stores throughout Canada as of 2020. It is the only national big box sporting goods retailer in Canada, although it is absent in the Northwest Territories and Nunavut, while Quebec and Yukon are served by its sister brand Sports Experts instead. Its parent company, FGL Sports, also owns over a dozen sporting brands. In 1999, a ''Sport Supercenter'' flagship store was opened on the top level of the Londonderry Mall, replacing an existing Walmart store. In 2014, the Londonderry Mall store relocated to Manning Town Centre, and was replaced by Simons in 2017. There was a second one in Place d'Orléans, but it was converted to Sport Chek/Nevada's Bob Golf in 2012. In 2011, Canadian Tire bought Sport Chek's parent company, FGL Sports (then known as Forzani), for $771 million, and has since embarked on a large scale brand restructuring. New SportChek stores with Samsung OLED screens, table ...
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Winners
Winners Merchants International L.P is a chain of off-price Canada, Canadian department stores owned by TJX Companies. It offers brand name clothing, footwear, bedding, furniture, fine jewelry, beauty products, and housewares. Products are at a 20-60% discount rate and the stores generally do not carry the same merchandise for an entire season. The firm does not sell online. Its market niche is similar to the American store TJ Maxx, and it is a partnered retailer to department stores HomeSense and Marshalls. History In 1982, Winners was founded in Toronto, Ontario by David Margolis and Neil Rosenberg. It was one of the first off-price department stores in Canada. In 1990, it merged with TJX Companies, the world's largest off-price department store owner. Since late 2001, Winners stores have been paired with HomeSense, a home accessory retailer, modelled on TJX's American HomeGoods stores. Winners acquired the struggling "Labels" brand from Dylex in 2001. Labels had been me ...
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Staples Canada
Staples Canada ULC, operating as Staples (also known in Quebec as Bureau en Gros; formerly known as The Business Depot and later Staples Business Depot), is a Canadian office supply retail chain owned by Sycamore Partners. The corporation is headquartered in Richmond Hill, Ontario. Staples is the largest office supply chain in Canada. History The Business Depot Ltd. was founded by Jack Bingleman in 1991, with Staples as a substantial investor, opening Business Depot stores in Ontario and later Atlantic Canada and Bureau en Gros locations in Quebec. The American counterpart acquired 100% of the Canadian company in 1994. Around this time, the company began to open stores in Western Canada under the Staples: The Office Superstore label, like its U.S. counterpart. The company later began converting locations in English-speaking markets to a combined brand, tested as Staples: The Business Depot and later rolled out as Staples Business Depot. This conversion was completed in 2 ...
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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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Canadian Tire
Canadian Tire Corporation, Limited is a Canadian retail company which operates in the automotive, hardware, sports, leisure and housewares sectors. Its Canadian operations include: Canadian Tire (including Canadian Tire Petroleum gas stations and financial services subsidiary Canadian Tire Bank), Mark's, FGL Sports (including Sport Chek and Sports Experts), PartSource, and the Canadian operations of Party City. Canadian Tire acquired the Norwegian clothing and textile company Helly Hansen from the Ontario Teachers' Pension Plan in 2018. Canadian Tire is known for its Canadian Tire money, a loyalty program first introduced in 1958 using paper coupons that resemble banknotes. The company's head office is located at the Canada Square Complex in Toronto, Ontario and it is listed on the Toronto Stock Exchange. It is a participant in the voluntary Scanner Price Accuracy Code managed by the Retail Council of Canada. History On September 15, 1922, John William Billes and Alfred Jack ...
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Walmart (Canada)
Walmart Canada is the Canadian subsidiary of Walmart which is headquartered in Mississauga, Ontario. It was founded on March 17, 1994, with the purchase of the Woolco Canada chain from the F. W. Woolworth Company. Originally consisting of discount stores, many of Walmart Canada's contemporaries and competitors include Giant Tiger, Home Hardware, Canadian Tire, Mark's, Sport Chek, GameStop, Dollarama, Winners, HomeSense, Rossy, Staples Canada, Michaels, Pet Valu, the Great Canadian Dollar Store, Dollar Tree, and Hart Stores. Based on the success of the US format, Walmart Canada has focused on expanding Supercentres from new or converted locations, offering groceries which puts them in the same market as supermarket chains such as Loblaws, Real Canadian Superstore, Atlantic Superstore, Your Independent Grocer, No Frills, Metro, Sobeys, Foodland, Thrifty Foods, Safeway, Save-On-Foods, Country Grocer, Fairway Markets, Quality Foods, Co-op and others. Walmart is the second largest r ...
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Big-box Center
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, Marshall ...
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