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Fields (department Store)
FIELDS Stores Ltd. is a Canadian discount store company owned by FHC Holdings, with 63 locations in British Columbia, Alberta, Saskatchewan, Manitoba, and the Northwest Territories. History The first FIELDS store was established in Vancouver in 1950 by the chain's founders, Joseph Segal and Saul "Sonny" Wosk. From there, FIELDS grew to eight stores by the time it opened a store at Capilano Mall in North Vancouver in 1968, continuing to expand across British Columbia into the 1970s with the acquisitions of several regional retailers (including several small HBC stores in smaller towns). In 1972, FIELDS purchased a subsidiary chain of hardware stores called Marshall Wells, and after further expansion into Alberta and Saskatchewan, it acquired majority ownership of the Zellers chain in 1976. Zellers would reverse the takeover a few months later and make FIELDS and Marshall Wells into its subsidiaries, all of which were partly acquired by the Hudson's Bay Company The Hudson' ...
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Variety Store
A variety store (also five and dime (historic), pound shop, or dollar store) is a retail store that sells general merchandise, such as apparel, automotive parts, dry goods, toys, hardware, home furnishings, and a selection of groceries. It usually sells them at discounted prices, sometimes at one or several fixed price points, such as one dollar, or historically, five and ten cents. Variety stores do not include larger formats: general merchandise superstores (hypermarkets) such as Target and Walmart. Warehouse clubs like Costco, grocery stores, and department stores are also not considered variety stores. Economics Pricing and margins Some items are offered at a considerable discount over other retailers, whereas others are at the same price point. There are two ways variety stores make a profit: * Buying and selling vast amounts of goods at heavily discounted prices provides a small profit margin multiplied by the volume of sales. * Pricing many items at prices that a ...
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Capilano Mall
Capilano Mall is a shopping mall in the City of North Vancouver in British Columbia, Canada. It is located on Marine Drive, near the city's western border with the District of North Vancouver. It is the second largest shopping mall in the north shore, after Park Royal. The anchor tenant is Walmart. History Capilano Mall was originally built in 1967. Woolworth's then Woolco and Super-Valu were the initial anchor tenants. In 1974 an expansion added a Sears store. The mall underwent an upgrade and major expansion in 1986, and again in 2001. Also within the mall, there is also a set of two totem poles which were erected in 1986 and serves as a center piece icon in relations to its history and ties to local land. Transportation Capilano Mall is served by frequent TransLink bus service along Marine Drive. Shop and Services In addition to Walmart, shops include Urban Planet, Claire's, Dollar Tree, and Showcase. Food chains include A&W, Cobs Bread, and Subway. See also * Park Roy ...
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Department Stores Of Canada
Department may refer to: * Departmentalization, division of a larger organization into parts with specific responsibility Government and military * Department (administrative division), a geographical and administrative division within a country, for example: ** Departments of Colombia, a grouping of municipalities **Departments of France, administrative divisions three levels below the national government ** Departments of Honduras ** Departments of Peru, name given to the subdivisions of Peru until 2002 ** Departments of Uruguay * Department (United States Army), corps areas of the U.S. Army prior to World War I *Fire department, a public or private organization that provides emergency firefighting and rescue services *Ministry (government department), a specialized division of a government * Police department, a body empowered by the state to enforce the law *Department (naval) administrative/functional sub-unit of a ship's company. Other uses * ''Department'' (film), a 2012 B ...
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Retail Companies Established In 1950
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provisio ...
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Companies Based In British Columbia
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pers ...
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1950 Establishments In British Columbia
Year 195 ( CXCV) was a common year starting on Wednesday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Scrapula and Clemens (or, less frequently, year 948 ''Ab urbe condita''). The denomination 195 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Emperor Septimius Severus has the Roman Senate deify the previous emperor Commodus, in an attempt to gain favor with the family of Marcus Aurelius. * King Vologases V and other eastern princes support the claims of Pescennius Niger. The Roman province of Mesopotamia rises in revolt with Parthian support. Severus marches to Mesopotamia to battle the Parthians. * The Roman province of Syria is divided and the role of Antioch is diminished. The Romans annexed the Syrian cities of Edessa and Nisibis. Severus re-establish his h ...
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Hudson's Bay Company
The Hudson's Bay Company (HBC; french: Compagnie de la Baie d'Hudson) is a Canadian retail business group. A fur trade, fur trading business for much of its existence, HBC now owns and operates retail stores in Canada. The company's namesake business division is Hudson's Bay (department store), Hudson's Bay, commonly referred to as The Bay ( in French). After incorporation by Kingdom of England, English royal charter in 1670, the company functioned as the ''de facto'' government in parts of North America for nearly 200 years until the HBC sold the land it owned (the entire Hudson Bay drainage basin, known as Rupert's Land) to Canada in 1869 as part of the Deed of Surrender, authorized by the Rupert's Land Act 1868. At its peak, the company controlled the fur trade throughout much of the English- and later British North America, British-controlled North America. By the mid-19th century, the company evolved into a mercantile business selling a wide variety of products from furs t ...
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Zellers
Zellers was a Canadian discount department retail chain and is currently a brand name owned by the Hudson's Bay Company (HBC). Founded in 1931 in London, Ontario, in later decades it was based in Brampton, Ontario. Zellers was acquired by HBC in 1978 before closing in 2013. A series of acquisitions and expansions allowed Zellers to reach its peak in the 1990s, with 350 stores across the country in 1999. However, fierce competition by Walmart Canada and an inability to adjust to the increasingly volatile retailing industry resulted in Zellers losing significant ground in the 2000s. At the same time, HBC's new owner NRDC Equity Partners was focusing on bolstering and re-positioning Zellers' sister chain, The Bay, with an upscale and fashion-oriented direction, and saw Zellers as a detriment to the turnaround. In January 2011, HBC announced that it would sell the lease agreements for up to 220 Zellers stores to the US chain Target for $1.825 billion. In turn, Target announ ...
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North Vancouver (city)
The City of North Vancouver is a city on the north shore of Burrard Inlet, British Columbia, Canada. It is the smallest in area and the most urbanized of the North Shore municipalities. Although it has significant industry of its ownincluding shipping, chemical production, and film productionthe city is considered to be a suburb of Vancouver. The city is served by the Royal Canadian Mounted Police, British Columbia Ambulance Service, and the North Vancouver City Fire Department. History In the 1880s, Arthur Heywood-Lonsdale and a relation James Pemberton Fell, made substantial investments through their company, Lonsdale Estates, and in 1882 he financed the Moodyville investments. Several locations in the North Vancouver area are named after Lonsdale and his family. Not long after the District was formed, an early land developer and second reeve of the new council, James Cooper Keith, personally underwrote a loan to commence construction of a road which undulated from West ...
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Vancouver
Vancouver ( ) is a major city in western Canada, located in the Lower Mainland region of British Columbia. As the most populous city in the province, the 2021 Canadian census recorded 662,248 people in the city, up from 631,486 in 2016. The Greater Vancouver area had a population of 2.6million in 2021, making it the third-largest metropolitan area in Canada. Greater Vancouver, along with the Fraser Valley, comprises the Lower Mainland with a regional population of over 3 million. Vancouver has the highest population density in Canada, with over 5,700 people per square kilometre, and fourth highest in North America (after New York City, San Francisco, and Mexico City). Vancouver is one of the most ethnically and linguistically diverse cities in Canada: 49.3 percent of its residents are not native English speakers, 47.8 percent are native speakers of neither English nor French, and 54.5 percent of residents belong to visible minority groups. It has been consistently rank ...
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Delta, British Columbia
Delta is a city in the Lower Mainland region of British Columbia, Canada, as part of Greater Vancouver. Located on the Fraser Lowland south of Fraser River's south arm, it is bordered by the city of Richmond on the Lulu Island to the north, New Westminster to the northeast, Surrey to the east, the Boundary Bay and the American pene-exclave Point Roberts to the south, and the Strait of Georgia to the west. Encompassing the nearby Annacis Island, Deas Island and Westham Island, Delta is mostly rural and officially composed of three distinct communities: North Delta, Ladner and Tsawwassen. History Prior to European settlement, Delta's flatlands and coastal shores were inhabited by the Tsawwassen First Nation of the Coast Salish. The land was first sighted by Europeans in 1791, when Spanish explorer Lieutenant Francisco de Eliza mistook the area for an island and named it "Isla de Cepeda". The first European settler in Delta was James Kennedy who pre-empted 135 ac ...
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Northwest Territories
The Northwest Territories (abbreviated ''NT'' or ''NWT''; french: Territoires du Nord-Ouest, formerly ''North-Western Territory'' and ''North-West Territories'' and namely shortened as ''Northwest Territory'') is a federal territory of Canada. At a land area of approximately and a 2016 census population of 41,790, it is the second-largest and the most populous of the three territories in Northern Canada. Its estimated population as of 2022 is 45,605. Yellowknife is the capital, most populous community, and only city in the territory; its population was 19,569 as of the 2016 census. It became the territorial capital in 1967, following recommendations by the Carrothers Commission. The Northwest Territories, a portion of the old North-Western Territory, entered the Canadian Confederation on July 15, 1870. Since then, the territory has been divided four times to create new provinces and territories or enlarge existing ones. Its current borders date from April 1, 1999, when t ...
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