The Bargain! Shop acquires ten retail locations from Hudson's Bay Company
MISSISSAUGA, ON, March 5, 2012 /CNW/ - The Bargain! Shop, a leading Canadian discount store chain announced today that it will acquire ten retail locations from Hudson's Bay Company's closing Fields banner, effective August 1st, 2012. The acquisition of these locations will grow The Bargain! Shop to 237 stores and will allow the company to continue to gain share in the Canadian retail market.
"As part of our plan to further grow our organization, this is a great opportunity for us to expand our footprint across Canada" says Lloyd Davis, President of The Bargain! Shop. The Bargain! Shop is committed to offering the Canadian consumer in small markets, a convenient option that provides great value and strong customer service. We are excited to further grow The Bargain! Shop brand, and continue to serve and invest in smaller communities across Canada."
The ten acquired retail locations will open by early Fall 2012 under The Bargain! Shop banner in the following communities:
- Gimli, MB
- Biggar, SK
- Kelvington, SK
- Beaverlodge, AB
- Stony Plain, AB
- Agassiz, BC
- Armstrong, BC
- New Hazelton, BC
- Osoyoos, BC
- Squamish, BC
The new Biggar, Saskatchewan store will be a relocation of the existing The Bargain! Shop store in the town of Biggar. All other locations will be new The Bargain! Shop stores for each of these markets.
About The Bargain! Shop
The Bargain! Shop originated as the Canadian arm of Woolworth's discount store chain and became independent in 1999. The Bargain! Shop carved out its niche by operating its value and convenience format mainly in rural and smaller communities. The Bargain! Shop operates 227 stores from Vancouver Island to Newfoundland, and is Canadian owned and operated with headquarters in Mississauga, Ontario. The company carries a selection of products for the home, as well as apparel, footwear, pet care, food, cleaning and health and beauty products. To learn more about the company and the products it carries, visit www.thebargainshop.com.
Tracey Mikita, VP of Human Resources
[email protected]
905-293-9700 X 7388
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