Dominion Stores (historical)
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Dominion Stores (historical)
Dominion was a national chain of supermarkets in Canada, which was known as the Name of Canada#Adoption of Dominion, Dominion of Canada when the chain was founded. The chain was founded in 1919 in Ontario and was later acquired by the Argus Corporation. It was later sold to The Great Atlantic & Pacific Tea Company (A&P), which restricted the chain to the Greater Toronto Area. Stores outside Ontario were converted to the A&P banner or sold to third parties. A&P's Canadian division was later acquired by Metro Inc., which rebranded the remaining Dominion stores to its namesake banner in 2008. History Dominion started from one Toronto store on May 23, 1919. The store was founded by American businessmen Robert Jackson of New Hampshire and William J. Pentland of Connecticut. Pentland was manager of A&P stores in Connecticut and was hired by Jackson. By the end of 1919, they had a 20-store chain of which 18 were acquired from rival Loblaws. A year later, they had 61 stores. In 1929, Dom ...
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Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct legal entities for the purposes of tax A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or n ...ation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally ...
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