Have You Heard…….

Mathnasium Learning Centers, the math-only supplemental education franchise, has introduced face-to-face, expert instruction from homes. Mathnasium @home features the same experience with highly trained instructors and Mathnasium Method as in learning centers, but live, through a computer.  Initially slated to roll out across the U.S. and Canada over the course of 2020, the nationwide launch was expedited due to increased public demand for education at home.  As of the beginning of 2020, Mathnasium @home had been deployed in approximately 200 learning centers across North America. Independently owned franchisees will choose when to launch Mathnasium @home for their local communities. (Mathnasium Learning Centerswww.mathnasium.com)............

Last week, home improvement retailer, Lowe's Canada announced the adoption of a target to reduce its greenhouse gas emissions to 40 percent below its 2016 levels by 2030. Achieving this target will allow the organization to reduce its GHG emissions by 41,000 metric tons of CO2 equivalents, which can be compared to removing over 12,500 vehicles from circulation. To achieve its goal, Lowe's Canada is focusing first on the completion of a series of energy-efficiency initiatives that represent a total investment of over $24-million in its distribution centres and corporate stores across the country.  During the coming weeks, Lowe's Canada will finish installing building management systems in several of its stores across the country, a project that began in 2018. By the end of 2020, 230 Lowe's, RONA, and Reno-Depot corporate stores will be equipped with an indoor and outdoor lighting automation system to optimize energy consumption, as well as automate and remotely control stores' heating and cooling so that energy is only used during business hours. The lighting systems in 162 corporate stores from the Lowe's Canada network will also have been replaced by LED systems by the end of 2020. In 2022, it is estimated that these two initiatives will have allowed the organization to reduce its GHG emissions by approximately 8.6 percent, relative to 2016. (Lowe’s Canadawww.lowes.ca)......

Canadian Tire Corp Ltd. has appointed Greg Hicks as President and CEO of Canadian Tire Corp., and to the Board of Directors of the company, effective immediately. He most recently served as President, Canadian Tire Retail, the company's largest business representing over $9-billion in revenue. (Canadian Tire Corp Ltd. - www.canadiantire.ca)…..

Metro Inc. last week reported that it will invest $420-million over five years in the construction of a new, automated distribution centre for fresh and frozen products in Terrebonne, just north of Montreal, and the expansion of its produce and dairy products distribution centre in Laval. These investments will enable the company to better meet the expectations of its current and future customers and to continue its growth. The new Terrebonne distribution centre will open in 2023, while the expansion of the Laval distribution centre will be completed in 2024.  "Our new distribution centre of more than 600,000 square feet in Terrebonne will feature state of the art technologies, allowing us to make significant efficiency gains,” said President, CEO Eric La Flèche.  “We will improve service to our store network with increased accuracy and reduced handling time, in both the distribution centres and the stores. For consumers, these new facilities will result in even more variety and freshness. We will be in an excellent position to pursue our growth in Quebec."  Metro has signed an agreement with WITRON, an international specialist in food distribution automation, with whom the company is already working in Ontario, where similar facilities are currently under construction. (Metro Inc. – www.corpo.metro.ca)………

Toronto-based Slate Retail REIT has entered into a binding agreement to acquire a portfolio of seven grocery-anchored assets for $106.5-million(US).  The acquisition includes the 57,710 square foot Alexander Pointe and the 80,467 square foot Renaissance Square, both in Charlotte and the 96,914 square foot Harper Hill Commons in Winston-Salem, all in North Carolina and anchored by Harris Teeter supermarkets.  The purchase also includes the 88,862 square foot Food Lion -anchored Gainsbourough Square and the Harris Teeter-anchored 64,973 square foot Indian Lakes Crossing, both in Virginia Beach/Norfolk/Newport News and the 122,570 square foot Bermuda Crossroads, anchored by Food Lion, in Richmond and all in Virginia.  The seventh property, in the Washington-Baltimore, Maryland market is the 112,274 square foot Stone House Square anchored by Weis Markets.  The portfolio has a 92 percent occupancy. The acquisition is expected to be completed in the second quarter of 2020.  (Slate Retail REIT – 416/644-4264)………..

Vancouver-based cannabis retailer Arcannabis Enterprises (BC) Inc. anticipates the soft opening of two licensed Arcannabis stores in Vancouver, at 1290 East 12th Ave. and 225 SE Marine Dr. on April 1st with grand openings to commence on April 20, 2020.  "We are very pleased to be opening two retail locations in Vancouver, B.C., with a third and fourth retail location anticipated to follow by Fall 2020,” said Founder Tony Dinh.  “We are committed to providing the highest quality recreational cannabis products at our retail locations, personalized retail experiences to our customers and to educating the public on the use of cannabis.” (Arcannabis Enterprises (BC) Inc. - www.arcannabis.ca).....