Burlington, Ontario (Canada) — IKEA Canada has signed agreements to acquire an 88MW wind farm located near Drumheller, Alberta. Consisting of 55 turbines, the Wintering Hills wind farm will generate 275 million kWh (kilowatt hours) of energy, the equivalent to the electricity consumption of 54 IKEA stores.
Canada
Minneapolis — AmeriPride Services, a leading textile rental services and supply company in North America, has appointed Andrew Steiner to senior vice president of Canadian operations, effective January 1, 2017. Steiner has been with AmeriPride since 2001, most recently as vice president of marketing and customer operations.
Toronto — Saks Fifth Avenue OFF 5TH will open its first stores to Canadian shoppers on March 17, 2016 in Vaughan Mills, Halton Hills and Niagara-on-the-Lake, Ontario. These Ontario locations are the first of nine to open in 2016 and up to 25 nationwide in the coming years.
Mooresville, N.C. and Boucherville, Quebec — Lowe’s Companies, Inc. and RONA inc. have entered into a definitive agreement under which Lowe’s is expected to acquire RONA for C$3.2 billion (U.S. $2.3 billion). Together, Lowe’s Canada and RONA stores will create Canada’s leading home improvement retailer.
New York and Toronto — Saks Fifth Avenue is revealing details about the previously announced opening of two full-line Saks Fifth Avenue stores in Toronto, Canada. The 163,000-square-foot location in the Eaton Centre at Queen Street is expected to open on February 18, 2016. A week later, the 150,000-square-foot Sherway Gardens location is anticipated to open on February 25, 2016.
Seattle — Nordstrom, Inc. has opened a new store at Pacific Centre in Vancouver, British Columbia, marking the company’s first international flagship location. The 230,000-square-foot store offers a curated selection of merchandise from many of the world’s best brands.
Toronto — In addition to completing the acquisition of 12 former Target sites, Lowe’s Canada also plans to open two more locations in Ontario. Construction is currently underway in Ancaster and Mississauga, representing an additional investment in excess of approximately C$50 million.
Montreal — Montreal-based activewear brand, Lolë, will open a new store this fall. Situated in the commercial epicenter of Montreal, the new Atelier (“workshop” in French) will be located at 954 Rue Ste-Catherine West. The store will serve as the city’s flagship Lolë location.