HHIQ_3Q_17_Complete

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NEWS SPOTLIGHT FLE CANAC EYES ONTARIO, BUT MONTREAL MARKET IS ITS CURRENT FOCUS One of Quebec’s largest independent chains is committed to getting even bigger still. Groupe Canac’s president, Jean Laberge, wants to continue expanding his chain by adding new stores—and when he’s finished with Quebec, he sees no reason why he couldn’t start putting stores across the border in Ontario. C anac is considered one of the country’s largest independent home improvement retailers. With sales reaching $600 million from two dozen stores throughout the province of Quebec, the privately held Quebec City-based company will finish filling in the market in its hometown in 2018, with plans for a store in Pont-Rouge, on the west side of the city. And while Quebec City and environs have been the company’s base for years, it has gradually expanded down the eastern part of the province, and is steadily encroaching on the Montreal market. One year ago it erected its first store in the greater Montreal area, in Beauharnois, southwest of the city on the south shore. Also this year, stores are going into Thetford Mines, Que., and more significantly, in Granby, about an hour east of Montreal. Built at a cost of $5.5 million and employing about 85 people, the 60,000-square-foot Granby store will be Canac’s 25th. Sewing up markets on the east side of the St. Lawrence River will be the store slated for Rivière-du-Loup. “It will complete for us the east side of the province,” says Jean Laberge, president of Canac. “We are getting big growth from our new stores in new markets.” Next year, he plans to erect a store even closer to the island. “We hope to have a store in Montreal in 2018, on the south shore.” That store will be in St. Hubert, in Longueuil. After that, Laberge says the company will expand on the north shore. “Mirabel and Laval are also on the books.” LONG-TERM GROWTH PLANS Once it has tapped out the Quebec market, Larberge says Canac is looking to its western neighbour, Ontario, for further growth. In anticipation of an opening in an Anglophone market as early as 2019, Canac has translated its website and flyers into English, though negotiations for a site continue. And while he considers the Ottawa market well served, he says there are other opportunities in the province. “We looked for land in Ontario, near the border, where we could install Canac stores. We are almost ready to go into the English market,” he says. But for now, Laberge says the company’s focus remains on Quebec, at a pace of about two stores a year, something that Canac’s Groupe Canac’s president, Jean Laberge, hopes to have a store in Montreal in 2018, on the south shore. After that, he says, the company will expand on the north shore. infrastructure can manage and maintain over the next two to three years. Each store costs up to $6 million and employs 90 staff. 10 THIRD QUARTER / 20<strong>17</strong> Hardlines Home Improvement Quarterly www.hardlines.ca
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Page 1 and 2: H A R D L I N E S . C A C O N N E C
Page 3: HOME IMPROVEMENT QUARTERLY THIRD QU
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Page 12 and 13: NEWSROUNDUP OF THE HOME IMPROVEMENT
Page 14 and 15: NEWSROUNDUP LOWE’S CANADA INTRODU
Page 16 and 17: NEWSROUNDUP CRBSC REORGANIZES FOLLO
Page 18 and 19: BY GEOFFREY McLARNEY ProductSPOTLIG
Page 20 and 21: EXECUTIVE INTERVIEW BERNIE OWENS TI
Page 22 and 23: 22 THIRD QUARTER / 2017 Hardlines H
Page 24 and 25: FEATURE remind dealers and Canadian
Page 26 and 27: BY MICHAEL McLARNEY FEATURE These 2
Page 28: WSB TITAN RANK 2015 2016 change # 1
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Page 37 and 38: November 14-15, 2017 Sheraton on th
Page 39 and 40: At the Norton/Saint-Gobain Abrasive
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