Pharmacy Brands Canada has surpassed 300 locations nationwide, marking continued expansion of its independent pharmacy banner network. The organization provides pharmacy owners with national purchasing power, marketing, operational support and other resources while allowing them to retain control of their businesses. Ontario has been a key growth market, with more than 50 locations added over the past two years. PBC offers three partnership models: Full Banner, providing comprehensive support; Economic Plus, combining banner services with scalable economic benefits; and OpenRx, allowing owners to manage their own generic formulary while accessing competitive wholesale pricing and purchasing power. Members also receive store design, financing, preferred vendor pricing and clinical programs, with no banner fees. PBC works exclusively with Canadian-owned wholesalers. (Pharmacy Brands Canada – www.pharmacybrandscanada.com) ……….
Peridot Supply has opened a new branch at 5 Terry Fox Dr. in Kingston in Ontario, expanding its ability to serve roofing contractors, builders and building-envelope professionals throughout the region. The new location provides convenient access to roofing and building materials, along with local industry expertise and customer service. Peridot’s product range includes flat-roofing and steep-slope systems, wall products, insulation, waterproofing solutions and related accessories. Senior Vice President Douglas Brown said the Kingston opening reflects the company’s continued growth and commitment to serving roofing professionals in their local markets. The expansion is part of Peridot’s ongoing development under GMS Canada, whose President Paul Green highlighted the company’s strong team, customer relationships and growth potential. (GMS Canada – www.gms.com)………….
Known for its playful Italian cuisine, PIANO PIANO has introduced a new weekday lunch offering at its downtown Hamilton location at 62 King St. East. Pranzo al Volo – Lunch on the Fly includes welcome antipasti, a choice of main course and dessert. Guests can also order from the full à la carte menu, featuring favourites such as Canestri alla Vodka, Mushroom Cavatelli and pizza. Hamilton-exclusive dishes include Niçoise and Chicken Caesar salads and the Hamburghini Lamborghini, providing convenient full-service dining for the downtown business community. PIANO PIANO has seven locations across Southern Ontario. (PIANO PIANO – www.pianopianotherestaurant.com)……………
Slate Grocery REIT has entered into a definitive agreement to be acquired by a joint venture between Brixmor Property Group and affiliates of Everview Partners for approximately $32-billion(US). The agreement follows a strategic review launched in May in response to an unsolicited proposal from Slate Asset Management, the REIT’s external manager and largest investor. An independent Special Committee oversaw a competitive auction process and unanimously determined that the transaction offered the best available outcome for unitholders. Slate CEO Blair Welch said the deal reinforces the value of grocery-anchored real estate and that Slate plans to redeploy capital into grocery-anchored properties across North America while continuing to expand its European grocery platform. (Slate Grocery REIT – www.slategroceryreit.com)……….
AutoCanada Inc. has repurchased iA Financial Group’s ten percent equity interest in a subsidiary for $8 million(Cdn), concluding their investment arrangement involving AutoCanada’s online consumer-to-consumer finance and insurance and Kijiji-based instant cash offer businesses. AutoCanada is discontinuing both operations to focus resources on its core dealership and collision businesses. AutoCanada operates 61 franchised dealerships across eight provinces, representing 23 automotive brands, as well as three independent used-vehicle dealerships. Its ACX collision division operates 38 centres, supported by 26 OEM certifications covering 37 vehicle brands. (AutoCanada Inc. – www.autocan.ca)…………
Are your bags packed? ICSC@CANADA is only days away and if you play it well, it might just be the start of a great year. See you there…………..