What ever happened to Consumers Distributing?
They closed in the mid-1990s. Consumers Distributing was bought by the Quebec-based grocery retailer Provigo in 1987, then was sold in 1993 to a group controlled by Ackermans & van Haaren, a Belgian holding company.
Why did Consumers Distributing fail?
From the archives: Consumers Distributing closes The idea was to keep costs low by not having a large display of products in the store. The retailer struggled to keep up with larger chain stores like Walmart and Zellers, with losses pegged at $15 million the the year before the closures were announced.
What year did Consumers Distributing close?
1996Consumers Distributing / Ceased operations
Are Consumers Distributing Canada?
Consumers Distributing had stores in all provinces in Canada and for years was a part of Canadian retail history. The main product focus of Consumers Distributing was jewellery, appliances, kitchenware, toys, personal care, discount furniture, electronics and seasonal goods.
What happened to Bargain Harold’s?
Bargain Harolds was sold to K-Mart in 1985, and continued on well at first, but the parent company eventually sold its Canadian properties to Zellers in 1998.
Where was Consumers Distributing in Hamilton?
Eastgate Square
The shakeout in retailing strikes Consumers Distributing. Sandwiched between a video arcade and a novelty store, the Consumers Distributing outlet at Eastgate Square in Hamilton is coming to the end of another less-than-busy day.
What is consumer distribution?
Distribution is the process of making a product or service available for the consumer or business user who needs it. This can be done directly by the producer or service provider or using indirect channels with distributors or intermediaries.
Is BiWay coming back to Canada?
Toronto has been waiting for a BiWay comeback with bated breath, but unfortunately, an in-person store may no longer be possible. On the first anniversary of co-founder Mal Coven’s death, BiWay announced on Instagram that the “opening of the BiWay $10 Store has been postponed and potentially cancelled.”
Who owned Bargain Harold’s?
Harold Kamin, 82: Bargain Harold’s founder | The Star.
Is Service Merchandise still in business?
Service Merchandise eventually filed for bankruptcy and liquidated in 2002 after being unable to compete on price and selection against big box stores and internet sellers. It still operates as an e-commerce site.
What does a distribution company do?
A distribution company buys products from the manufacturer and then generally resells them for a profit to a retailer or, in some cases, directly to the customer.
What happened to Consumers Distributing?
In October 1996, Consumers Distributing went to bankruptcy and liquidated its remaining stores from October 16, 1996. Ten years following the bankruptcy, former Consumers Distributing employee Marc King relaunched the company as an online retailer.
When was the first Consumers Distributing store opened?
The first Consumers Distributing store was opened in 1957 by Jack Stupp in Toronto. The company was taken public in 1969. In 1971, to expand his chain store across Canada, Jack Stupp formed a joint company with Oshawa Group, valid outside of Ontario.
What is the business model of Consumers Distributing?
The business model of Consumers Distributing has been described as “Internet shopping before the Internet”. The first Consumers Distributing store was opened in 1957 by Jack Stupp in Toronto. The company was taken public in 1969.
When did Jack Stupp start Consumers Distributing?
The company was taken public in 1969. In 1971, to expand his chain store across Canada, Jack Stupp formed a joint company with Oshawa Group, valid outside of Ontario. On September 15, 1971, Consumers Distributing opened its first stores outside of Ontario, with eight stores in the region of Montreal in Quebec.