The Bargain! Shop

The Bargain! Shop

Infobox_Company
company_name = The Bargain! Shop
company_
company_type = Discount store chain
foundation = 1991
location = flagicon|Canada Mississauga, Ontario
industry = Retail
products = Clothing, grocery, footwear, bedding, beauty products, and housewares.
parent = The Bargain! Shop Holdings Inc.
homepage = http://www.thebargainshop.com

The Bargain! Shop is a discount variety store chain operating in all Anglophone provinces in Canada.

The Bargain! Shop originated as a closeout store division of Woolworth Canada, developed out of some of the bankrupt assets of Bargain Harold's in 1991. The chain averaged 10,000 square feet (averaging in the mid-$100/square foot range) and grew into 90 stores within just a year of its establishment. The Woolworth variety stores, on the other hand, averaged convert|20000|sqft|m2 generating sales of only in the lower $80/square foot range.

In late 1993, in order to try to make the Woolworth variety stores profitable in Canada, 101 of 123 Woolworth stores were converted to The Bargain! Shop, therefore bringing the total number of stores to 194. Some of the larger Woolco stores were also converted to The Bargain! Shop.

In late 1999, in a rush to try to pay the debt on time, Venator Group Inc. closed 109 stores (including all stores in the province of Quebec) and sold to rest of The Bargain! Shop chain to a Canadian investment company. However, the closures only reduced sales from $259 million to about $100 million. The Bargain! Shop is now undergoing an aggressive expansion program that will bring the variety store chain to its peak store number.

In 2008, it was announced the The Bargain! Shop had acquired 93 of the former SAAN locations. They are mostly located in Atlantic Canada and Ontario. [http://www.thebargainshop.com/Press%20Release%20TB!S%20Acquires%20Saan%20Locations.htm]

External links

* [http://www.thebargainshop.com Company website]


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • The Reject Shop — Infobox Company name = The Reject Shop type = Public (asx|TRS) genre = foundation = 1981 founder = Earle Sacher location city = Melbourne, Victoria location country = Australia location = locations = origins = key people = Gerry Masters (CEO)… …   Wikipedia

  • shop — /shop/, n., v., shopped, shopping, interj. n. 1. a retail store, esp. a small one. 2. a small store or department in a large store selling a specific or select type of goods: the ski shop at Smith s. 3. the workshop of a craftsperson or artisan.… …   Universalium

  • The Natural Economic Order — is the most famous book of Silvio Gesell. PUBLISHED REFERENCES TO GESELL S THEORY John Maynard Keynes: General Theory of Employment, Interest and Money (1936): Gesell s main book is written in cool, scientific language; though it is suffused… …   Wikipedia

  • bargain — {{Roman}}I.{{/Roman}} noun 1 sth sold at a lower price ADJECTIVE ▪ absolute, amazing, excellent, good, great, incredible, real VERB + BARGAIN ▪ …   Collocations dictionary

  • bargain — [[t]bɑ͟ː(r)gɪn[/t]] ♦♦♦ bargains, bargaining, bargained 1) N COUNT Something that is a bargain is good value for money, usually because it has been sold at a lower price than normal. At this price the wine is a bargain... Fresh salmon is a… …   English dictionary

  • bargain — n. & v. n. 1 a an agreement on the terms of a transaction or sale. b this seen from the buyer s viewpoint (a bad bargain). 2 something acquired or offered cheaply. v.intr. (often foll. by with, for) discuss the terms of a transaction (expected… …   Useful english dictionary

  • The Old Curiosity Shop — For adaptations of the novel, see The Old Curiosity Shop (disambiguation). For the Seattle business, see Ye Olde Curiosity Shop. The Old Curiosity Shop …   Wikipedia

  • shop — n. & v. n. 1 a building, room, etc., for the retail sale of goods or services (chemist s shop; betting shop). 2 a place in which manufacture or repairing is done; a workshop (engineering shop). 3 a profession, trade, business, etc., esp. as a… …   Useful english dictionary

  • The Mikado — For other uses, see Mikado (disambiguation). Theatre poster for The Mikado The Mikado; or, The Town of Titipu is a comic opera in two acts, with music by Arthur Sullivan and libretto by W. S. Gilbert, their ninth of fourteen operatic… …   Wikipedia

  • The Apprentice (U.S. season 3) — Infobox Television The Apprentice season name = The Apprentice 3 first aired = January 20, 2005 last aired = May 5, 2005 filming started = October 2004 filming completed = November 2004 winner = Kendra Todd number candidates = 18 number episodes …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”