Home / Knowledge / News / Fashion / Hart Stores moves all to Laval

Hart Stores moves all to Laval

14
Dec '05
Largest departmental store operator Hart Stores Inc is pleased to announce the relocation of its head office and distribution centre to Laval, the second largest city in Quebec, located just north of the island of Montreal.

The decision to move to a larger facility is the result of the consistent growth the mid-sized department store chain has sustained over the past few years and which has rapidly brought the current building in Ville d'Anjou to full capacity.

According to Michael Hart, President and Chief Executive Officer of Hart Stores, the Company's recent focus on expansion will continue in the future: “Company have opened eight new stores this year and more new stores are planned for next year,”

He said. “Company have consistent growth opportunities and will be well positioned to push forward with a focused expansion plan. This investment will provide us with the more efficient distribution infrastructure required for future growth, given the number of stores are expecting to open in the coming years. They looked at many different sites. Laval is a growing city with excellent trucking routes and easy access to the highway network.”

Hart Stores recently reported net earnings of $3.7 million ($0.27 per share) for the nine-month period ended October 29, 2005, compared to $2.6 million ($0.19 per share) for the same period in the previous year. Total revenues for the period increased by 10.5 percent to $100.9 million compared to $91.3 million for the same period in the previous year.


Must ReadView All

Pic: Shutterstock

Textiles | On 25th Feb 2020

US surpasses China as India's biggest trading partner

The United States has surpassed China to become India's top trading...

Pic: Shutterstock

Textiles | On 25th Feb 2020

COVID-19 puts break on India’s raw material import

Novel coronavirus (n-CoV or COVID-19) epidemic has taken more than...

Pic: Shutterstock

Textiles | On 25th Feb 2020

Coronavirus may shift buyers to Turkey, fuel cotton growth

The coronavirus outbreak will cause a possible shrinking of China's...

Interviews View All

Poojaa Kumar Deepak, Zeven

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Textile industry, Head honchos

Textile industry
Head honchos

RCEP was always going to be a double-edged sword

Hannah Lane, Redress

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Mirella Sardini,

Mirella Sardini

A leading manufacturer of automated machinery and equipment for the...

Manuele Baggini,

Manuele Baggini

Comec Italia Srl is a world leader in the production of printing machines. ...

Vikram Saria,

Vikram Saria

Shanghai-based Aura Designs Ltd is a leading manufacturer of textile and...

Dr. Rene Wollert, Freudenberg Nonwovens

Dr. Rene Wollert
Freudenberg Nonwovens

Dr. Rene Wollert discusses the current scenario of the global nonwovens...

Iago Castro Asensio, RCfil Distribuciones S.L.

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Isabel Herranz, European School of Business & innovation

Isabel Herranz
European School of Business & innovation

Cutting-edge ideas like the Internet of Things and artificial intelligence ...

Varsha Wadhwa, VW

Varsha Wadhwa
VW

Coming from a family that ran a business of jute and linen mills since...

Igor Chapurin, Chapurin

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Yash P. Kotak, Bombay Hemp Company

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


February 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search