Soft quarter doesn't derail retailer's plan

Article Abstract:

Liquidation World Inc, a Calgary, Alberta-based discount chain, is going ahead with its expansion plan despite reporting an 8.9% drop in first quarter 1998 profit to C$1.4 million from a year ago. The company plans to open 75 new stores in Canada and the US and beef up its Internet presence. Company president Dale Gillespie blamed the profit drop on a bad purchase from a major retailer in the US.

Discount Chains, Liquidation World Inc.

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Housing market retains strength in September

Article Abstract:

The Canadian real estate market remained strong in September despite the economic slowdown and the month's terrorist attacks in the United States. Only houses from $300,000 to $1 million have shown a slight downturn.

Market information - general, Real Estate, Real Estate and Rental and Leasing

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Big-box retailers prepare new offensive

Article Abstract:

Mega-stores of retailers based in the US are expected to continue moving into Canadian cities. Big-box retailers will open many stores in Canada in the next two to three years, according to real estate analysts.

Variety stores, Discount Stores, Lessors of Real Estate, Real Estate Operators and Lessors, Real Property Lessors, Management, Retail trade, Wal-Mart Stores Inc., Superstores, WMT, Landlords

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