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T&T is part of Loblaw Companies, which purchased it in July 2009 for $225 million in consideration, consisting of $191 million in cash and $34 million in preferred shares. [5] The consideration paid above and beyond the tangible asset base of the company (i.e. the accounting goodwill ) which was estimated at $180 million.
In 1928, with 69 stores throughout Ontario, the company unveiled its new state-of-the-art head office and warehouse at Fleet and Bathurst streets, along today's Lake Shore Blvd, in Toronto. At a cost of CA$1.25 million, the Loblaw warehouse was likened to a "temple of commerce" and hailed as a model of efficiency. [ 16 ]
In June 1999, Loeb became part of the Metro Foods corporate group. At the time, it was owned by Provigo, which was sold the previous year to Loblaw Companies, which was required to resell Loeb for competitive reasons. Following the purchase, Metro began putting products from its own house brands, Merit/Selection and Irresistibles, on the ...
Super Centre was a hyper supermarket banner used by Loblaws during the 1990s in Ontario. Some stores were an expansion from the Super-Valu banner. These stores were about 60,000 to 120,000 square feet (5,600–11,100 m 2) in size on average, larger than standard supermarkets, sold a wider selection of merchandise (including department store merchandise, such as clothing), and contained in ...
Superstore marks the return of Loblaw's superstore format in the Greater Toronto Area after the unsuccessful launch of the SuperCentre format in the 1980s and 1990s. In the early 21st century, Loblaw brought the Superstore banner to Ontario as a response to the introduction of large grocery sections in most Canadian Wal-Mart stores and other ...
George's Independent City Market in 3080 Yonge Street, Toronto. Your Independent Grocer (YIG), known colloquially as "Independent" or "Yours" is a supermarket chain in Canada with more than 100 locations. It has stores in every province and territory except Manitoba, Nunavut, and Quebec.
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This is an accepted version of this page This is the latest accepted revision, reviewed on 8 December 2024. Canadian discount supermarket chain; a subsidiary of the Loblaw Companies For the eastern Nebraska and western Iowa "No Frills" chain, see No Frills Supermarkets. No Frills The banner's current logo A No Frills location in Markham, Ontario Company type Subsidiary Industry Retail ...