The Dock Shoppe has (re)opened in the space vacated by Genco. Ed On Nov 10, 2014 1:39 PM, "Stevan Plavsa via CnC-List" <cnc-list@cnc-list.com> wrote:
> That's a bummer .. the two marine stores I frequent, West Marine and > Genco. Genco has already closed it's doors on Queens Quay and now when West > Marine closes there will be nowhere to go "in a pinch". Everyone else is > quite a drive for me. What other options are there on Toronto's downtown > waterfront??? > > Steve > Suhana, C&C 32 > Toronto > > > On Mon, Nov 10, 2014 at 1:29 PM, Steve Thomas via CnC-List < > cnc-list@cnc-list.com> wrote: > >> Good question. >> They never even tried in South Western Ontario. >> >> ----- Original Message ----- >> *From:* Bill Coleman via CnC-List <cnc-list@cnc-list.com> >> *To:* cnc-list@cnc-list.com >> *Sent:* Monday, November 10, 2014 1:10 PM >> *Subject:* Stus-List West Marine leaves Canada >> >> Wonder why? West Marine plans exit from Canadian market >> ------------------------------ >> >> Marine retailer West Marine will close 10 stores in Canada during the >> next few years, ending its presence in the country. >> >> “We have some fantastic associates up in Canada. This was a very >> difficult decision for us,” West Marine CEO Matthew Hyde told analysts >> during a quarterly earnings call Oct. 23. “That said, this is all about >> ensuring that when leases come up that we’re making the right determination >> about where we invest our money.” >> >> The company has seven leases coming up throughout the coming year, “so >> we’re going to be in Canada for quite some time,” Hyde said. >> >> But the leases that were coming up “didn’t meet our minimum hurdles,” he >> said. Also, Canada faces some additional expenses. “So we will be closing >> our stores in Canada over the next few years,” Hyde said. >> >> With the exception of the Toronto store, where the company has the lease >> termination at the end of this year, the six additional stores will operate >> “basically through the season,” said CFO Thomas Moran. >> >> “As you can imagine, Canada is a pretty highly seasonal market. So that’s >> just a callout about next year. >> >> But beyond that, the impact on our top-line sales and on in our >> contribution and profitability is immaterial [in 2015],” Moran said. >> >> >> >> >> ------------------------------ >> >> _______________________________________________ >> This List is provided by the C&C Photo Album >> >> Email address: >> CnC-List@cnc-list.com >> To change your list preferences, including unsubscribing -- go bottom of >> page at: >> http://cnc-list.com/mailman/listinfo/cnc-list_cnc-list.com >> >> >> _______________________________________________ >> This List is provided by the C&C Photo Album >> >> Email address: >> CnC-List@cnc-list.com >> To change your list preferences, including unsubscribing -- go bottom of >> page at: >> http://cnc-list.com/mailman/listinfo/cnc-list_cnc-list.com >> >> >> > > _______________________________________________ > This List is provided by the C&C Photo Album > > Email address: > CnC-List@cnc-list.com > To change your list preferences, including unsubscribing -- go bottom of > page at: > http://cnc-list.com/mailman/listinfo/cnc-list_cnc-list.com > > >
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