Have You Heard……

Due to Conferences and related travel, Developers & Chains will not be published on Wednesday, February 6th.  The next issue will be on Monday, February 11th.  Have a great week…………

On February 1st, Mark E. Rose, Chair and CEO of commercial real estate firm Avison Young, announced that it has closed the acquisition of U.K.-based GVA, one of the U.K.'s leading and most diverse real estate advisory businesses. Effective immediately, the two companies will combine under one unified brand: Avison Young. The combination also establishes Avison Young among the top five commercial real estate advisory businesses in the U.K.  To further promote the firm's culture of partnership, Avison Young also announced the post-acquisition leadership team: Avison Young Principal and U.K Managing Director Jason Sibthorpe becomes Principal and President, U.K.; GVA CEO Gerry Hughes becomes Principal and Managing Director, U.K. and Managing Director, Global Consultancy; and GVA Chair Andy Mottram becomes Principal and Managing Director, Europe. As a result of the transaction, Avison Young now has approximately 5,000 real estate professionals in 120 offices in 20 countries. Avison Young adds offices in the United Kingdom, Austria, Bulgaria, China,
Croatia, France, Greece, Italy, Norway, Poland, Republic of Ireland, Romania, Russia, Spain and the United Arab Emirates.  GVA brings to Avison Young a broad portfolio of national and international clients, including U.K. public institutions, multinational corporations, major space users, developers, owners, lenders and investors. (Avison Young – 416/955-0000)……

 

Toronto-based luxury performance apparel company Canada Goose has introduced a new social entrepreneurship project for Canada's North -- Project Atigi.  The first of its kind in Canada, Project Atigi was designed to celebrate Inuit craftsmanship – the original parka makers.  The project features the global release of a one-of-a-kind collection hand-made by expert seamstresses. Canada Goose has commissioned 14 seamstresses representing nine communities across the four Inuit regions – Inuvialuit, Nunatsiavut, Nunavut, and Nunavik – to create bespoke parkas using their traditional skills and unique designs, and Canada Goose materials. The exclusive collection includes anoraks, parkas and traditional amauti-style jackets – for men, women and children – many adorned with artistic embellishments and crafted from patterns that have been passed down from generation to generation. All proceeds from the sale of the collection will go to Inuit Tapiriit Kanatami, the national representational organization that works to improve the health and wellbeing of Inuit in Canada through research, advocacy, public outreach and education. Starting early February, the Project Atigi collection will be showcased in Canada Goose stores around the world and available on-line. (Canada Goose Inc. – 888/276-6297 www.canadagoose.com).......

 

On February 6th, the Tim Hortons Roll Up The Rim To Win contest is back. For the first time, Tim Hortons has partnered with Jeep. The Roll Up The Rim cups have had a makeover this year. They still feature the bold, yellow Roll Up The Rim To Win logo, but a new design features the prizes more prominently on the cup, surrounded by colourful confetti. On a sad note, Ron Joyce died at his home in Burlington, Ontario last week. He was 88 years old. Joyce, with Toronto Maple Leaf player Tim Horton, introduced the Tim Hortons Donuts in the early 1960s. Today, Tim Hortons is part of Restaurant Brands International. (Restaurant Brands International – 888/601-1616 www.rbi.com).......

 

Empire Co. Ltd. continues to expand its FreshCo discount grocery banner in western Canada, according to reports in Supermarket News. Sobeys Inc. expects to open twelve FreshCo locations during 2019 in British Columbia and Manitoba. In late 2017, Sobeys had unveiled plans to convert up to 25 percent of its 255 Safeway and Sobeys full-service stores in the region to the FreshCo banner over the following five years. In addition to expanding FreshCo, Empire plans to accelerate the rollout of the recently acquired Farm Boy concept in greater Toronto and southwestern Ontario through new construction and conversions of some current Sobeys stores. (Sobeys Inc. – www.sobery.com)........