Steve The Dock Shoppe has reopened where Genco was On Queens Quay ….. there is also the Chandlery in Bronte (until he has to move)
Paul Fountain Perception II 1985 C&C 33-II Newport Yacht Club – Stoney Creek, Ontario From: CnC-List [mailto:cnc-list-boun...@cnc-list.com] On Behalf Of Marek Dziedzic via CnC-List Sent: Monday, November 10, 2014 1:51 PM To: cnc-list@cnc-list.com Subject: Re: Stus-List West Marine leaves Canada I always believed that having West Marine there was an unfair advantage for Toronto (;-) Marek (in Ottawa) From: Stevan Plavsa via CnC-List<mailto:cnc-list@cnc-list.com> Sent: Monday, November 10, 2014 1:39 PM To: Steve Thomas<mailto:sthom...@sympatico.ca> ; cnc-list@cnc-list.com<mailto:cnc-list@cnc-list.com> Subject: Re: Stus-List West Marine leaves Canada 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<mailto:cnc-list@cnc-list.com>> wrote: Good question. They never even tried in South Western Ontario. ----- Original Message ----- From: Bill Coleman via CnC-List<mailto:cnc-list@cnc-list.com> To: cnc-list@cnc-list.com<mailto: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<mailto: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<mailto: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<mailto: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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