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Hart Stores to open three new stores in August '06

11 Jul '06
2 min read

Departmental stores operator Hart Stores Inc announced that it will be opening three new stores in the strategically important Ontario market in August 2006.

The company will open a new 30,000 square foot store in Port Colborne on August 2nd as well as a new 35,000 square foot store in Hamilton on August 3rd at the Hamilton City Centre. The third new store will be a 35,000 square foot outlet in Kapuskasing on August 31st.

Hart Stores President and CEO Michael Hart said, "Targeted expansion in the Ontario market is a strategic direction we plan to continue to grow the company and to increase revenues. We now have a robust network of ten stores in growing communities across the province. We have been very encouraged by the performance of our Ontario stores to date and have every confidence that these new stores will produce equally positive results for our shareholders. Other locations are currently being negotiated in both Ontario and Quebec markets."

The company also announced that its new distribution facility located in Laval, Quebec is now fully operational. The 220,000 square foot head office and distribution facility provides Hart Stores with the capacity to support up the 160 stores.

Hart Stores Inc operates a network of 76 mid-sized department stores under the Hart, Bargain Giant and Géant des Aubaines banners. The stores are locatedin secondary and tertiary markets throughout Eastern Canada where the company has established a dominant position in many of the communities that it serves.

The company stores offer an extensive and differentiated selection of national and exclusive fashion apparel brands as well as family footwear, home furnishings, giftware, toys and seasonal goods.

Hart Stores Inc

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