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Found 15 results

  1. Investissement de 86 millions de dollars pour l'agrandissement et la rénovation des Galeries d'Anjou, incluant l'ouverture d'un nouveau magasin Simons MONTRÉAL, le 18 juill. 2011 /CNW Telbec/ - La Corporation Cadillac Fairview Limitée et Ivanhoé Cambridge, copropriétaires des Galeries d'Anjou, ont annoncé aujourd'hui que les Galeries d'Anjou feront l'objet d'un vaste projet d'agrandissement et de rénovation d'une valeur de 86 millions de dollars, qui comprendra notamment la construction d'un magasin Simons de 100 000 pieds carrés répartis sur 2 étages et la rénovation en profondeur du magasin La Baie. Le centre commercial accueille déjà plus de 8 millions de clients par année, et sa revitalisation augmentera l'achalandage et confirmera son titre de « destination shopping par excellence » dans l'est de Montréal et la région environnante. L'ouverture d'un magasin Target, qui remplacera l'actuel Zellers, ainsi que la transformation des aires communes et l'aménagement d'une nouvelle aire de restauration compléteront le renouvellement des Galeries d'Anjou. Le projet se déroulera en plusieurs étapes. La première commencera à l'automne 2011 avec le déplacement de l'aire de restauration près du futur magasin Target. Ce transfert, qui s'accompagnera de modifications à certains commerces, permettra de libérer de l'espace pour de nouveaux détaillants haut de gamme que le centre commercial n'est pas en mesure d'accueillir pour le moment en raison d'un manque d'espace. L'ouverture du magasin Target est prévue au printemps 2013, et celle du magasin Simons, qui offrira 160 places de stationnement souterraines, à l'automne 2013. Lorsque le projet d'agrandissement sera terminé, les Galeries d'Anjou, stratégiquement situées au carrefour de l'autoroute 40 et de l'autoroute 25, proposeront une superficie locative brute de 1,14 million de pieds carrés. « Cet investissement d'envergure aux Galeries d'Anjou témoigne de notre confiance dans la croissance de l'économie et de la prospérité au Québec, tout particulièrement dans la région de Montréal », indique Normand Blouin, vice-président principal pour le portefeuille de l'est du Canada de la Corporation Cadillac Fairview, copropriétaire et gestionnaire du centre commercial. M. Blouin précise que des études de marché approfondies ont confirmé que l'agrandissement des Galeries d'Anjou et la présence d'un nouveau magasin Simons amélioreront le profil des consommateurs et augmenteront significativement l'achalandage. « Cet agrandissement s'inscrit dans le plan stratégique d'Ivanhoé Cambridge, axé sur l'amélioration continue de son portefeuille par le redéveloppement de ses propriétés », a déclaré Jean Laramée, vice-président principal, Région de l'Est - Canada. « À titre de co-investisseur dans les Galeries d'Anjou, nous sommes fiers de nous associer à un projet dont bénéficieront nos détaillants nouveaux et existants, et grâce auquel les consommateurs montréalais auront un meilleur accès à des marques internationales », a-t-il ajouté. « Nous sommes enthousiastes à l'idée que la Maison Simons ouvrira ses portes aux Galeries d'Anjou, affirme le président de l'entreprise, Peter Simons. L'immense succès remporté par nos magasins dans la région de Montréal prouve hors de tout doute que les Montréalais ont adopté la proposition de valeur unique de Simons - offrir la mode la plus tendance dans une ambiance raffinée en proposant le service légendaire de Simons ». La Maison Simons est une entreprise familiale québécoise fondée en 1840. Elle est la plus ancienne entreprise familiale privée au Canada avec quelque 2 000 employés. « La Baie collaborera avec l'une des plus importantes firmes de design pour élaborer un nouveau concept de magasin qui mettra en lumière les vêtements des grandes marques internationales, du style contemporain aux créations plus audacieuses, dit Bonnie Brooks, présidente et chef de l'exploitation de La Baie. Le nouveau magasin et une sélection mode plus actuelle permettront d'offrir une toute nouvelle expérience de magasinage aux Galeries d'Anjou. » « Sears est fière d'être installée aux Galeries d'Anjou depuis 35 ans, et la rénovation extérieure que nous effectuons actuellement s'harmonisera à merveille avec le renouvellement du centre commercial, dit Calvin McDonald, président et chef de l'exploitation de Sears Canada inc. Au fil des années, nous avons régulièrement apporté des changements à l'aménagement intérieur, et la récente remise à neuf de notre rayon de la mode montre bien notre engagement à offrir à nos clients un endroit où il est facile de se retrouver et où il est agréable de magasiner. » Les Galeries d'Anjou de même que Fairview Pointe Claire, les Promenades St-Bruno et le Carrefour Laval font partie des « Centres à la mode » de la grande région montréalaise. Avec plus de 925 magasins, les Centres à la mode forment un des plus puissants réseaux du marché de détail.
  2. Rénovation de la façade de l'une des entrées principales du centre commercial en vue de l'arrivée de Target. Avant les travaux: Source: http://commons.wikimedia.org/wiki/File:Zellers_Place_Versailles,_Montr%C3%A9al,_QC_1_(8274463682).jpg Après les travaux: Source:
  3. C'est un bon cas d'étude pour les écoles de gestion... via Bloomberg Target Will Abandon Canada After Racking Up Billions in Losses Target Corp. (TGT) will abandon its operations in Canada after less than two years, putting an end to a mismanaged expansion that racked up billions in losses. The Canadian business is seeking court approval to begin liquidation, the Minneapolis-based retailer said today in a statement. The move will lead to a $5.4 billion writedown. This is the first major strategic shift made under Chief Executive Officer Brian Cornell, who took over for Gregg Steinhafel last year. Steinhafel had seen Canada as burgeoning market for Target, the second-largest U.S. discount chain, because so many Canadians already knew the brand and would cross the border to shop at American stores. Fixing the Canada unit, which amassed more than $2 billion in operating losses since 2011, has been a top priority for Cornell. After taking the reins in August, he spent a portion of his early days at the company touring operations in Canada. The woes plaguing the company’s 130 stores there ranged from empty shelves to prices being higher than locations in the U.S. “We were unable to find a realistic scenario that would get Target Canada to profitability until at least 2021,” Cornell said today. “This was a very difficult decision, but it was the right decision for our company.” Target announced its foray into Canada in 2011 with the purchase of 220 locations from Zellers Inc., a subsidiary of Hudson’s Bay Co., for about C$1.8 billion. The deal cemented the chain’s first expansion outside the U.S., where it had about 1,750 stores at the time. Target’s shares have rebounded since taking a hit following a data breach during the 2013 holiday season. The stock had gained 21 percent to $74.33 over the past 12 months through yesterday. To contact the reporter on this story: Matt Townsend in New York at [email protected]
  4. (Courtesy of The Montreal Gazette) So sad. Why can't they target people from Ontario?!
  5. La Presse Canadienne . les affaires.com . 14-06-2012 (modifié le 14-06-2012 à 11:57) Québec solidaire a déposé jeudi, à l'Assemblée nationale, une pétition portant 3330 signatures qui vise à protéger les employés des magasins Zellers, la chaîne dont plusieurs magasins porteront bientôt la bannière Target. L'acquisition de plus de 35 magasins Zellers au Québec par la chaîne américaine Target pourrait causer la perte de plus de 5000 emplois en 2012, très majoritairement occupés par des femmes. Target prétend n'avoir aucune obligation de respecter l'ancienneté, les salaires et les avantages sociaux des anciens employés de Zellers, ou de les reprendre à son emploi. Le député de Québec solidaire, Amir Khadir, croit que Target contourne l'article 96 de la Loi sur les normes du travail du Québec qui protège les salariés lorsque les entreprises qui les emploient changent de propriétaire. Il reproche à Target d'affirmer que sa reprise des magasins Zellers ne serait en fait qu'une transaction immobilière. Il réclame donc l'intervention de la ministre du Travail, Lise Thériault. Avec des affaires comme ca, ne venez pas me dire qu'on est a droite au Quebec...
  6. Actually ...I just saw The Mary Queen of the World cathedral all filled with black grafitti on facade marked ''Avortement un droit'' give me a f***ing break... touche pas les beautés de Montreal...Maybe next they will target construction sites damn thugs .
  7. L'entreprise québécoise continue d'accroître sa clientèle américaine, qui inclut désormais le détaillant géant Target. Pour en lire plus...
  8. Mauer, Twins open Target Field, top Red Sox 5-2 By: DAVE CAMPBELL, Associated Press MINNEAPOLIS (AP) — The Minnesota Twins have finally moved into their own place. They held the housewarming party outdoors. After 28 seasons inside the dingy Metrodome, the Twins broke in Target Field by beating the Boston Red Sox 5-2 Monday behind hometown star Joe Mauer in the first regular-season game at their new ballpark. The Minnesota Twins have finally moved into their own place. They held the housewarming party outdoors. After 28 seasons inside the dingy Metrodome, the Twins broke in Target Field by beating the Boston Red Sox 5-2 Monday behind hometown star Joe Mauer in the first regular-season game at their new ballpark. Jason Kubel hit the first home run — "I'll remember for the rest of my life," he said — and Carl Pavano earned the first victory. "I've been waiting a long time," said Mauer, who grew up less than 10 miles away in St. Paul. "It's definitely a special place, and I'm glad it's here." Red-white-and-blue bunting hung from the ledges and commissioner Bud Selig was in attendance for the celebration, which started hourse before the crowd of 39,715 snapped cell-phone pictures of the first pitch by Pavano. The unpredictable spring weather played right along, too, with a blue, breezy 65-degree afternoon. "It was colder in spring training than here today," said center fielder Denard Span, a Florida native who acknowledged concern about the early-season conditions here. "All around, a perfect day for everybody." On the Twins side, at least. Pavano (2-0) gave up four hits and one run in six innings and the Twins bullpen backed him up, with Jon Rauch recording his fifth save in as many attempts. Jon Lester (0-1) struggled for the second straight start and labored through five innings for the Red Sox, throwing only 59 of his 107 pitches for strikes while giving up four runs on nine hits and three walks. He struck out five. "I just stunk," Lester said. "Didn't make pitches, and I really don't know what else to say." Kubel hit his home run into the right-field seats in the seventh inning to finish with three hits and two RBIs. Mauer did the same. "It's only fitting, a Minnesota boy playing in his home ballpark," Span said. "You can't write a better script than that. He's probably going to be doing that about 80 more times here. You guys might want to go ahead and get used to that." Twins baseball started in suburbia in 1961 at Metropolitan Stadium and moved downtown to the Metrodome in 1982, the year before Mauer was born, sharing both facilities with the Vikings football team. Now, in their 50th season, they've merged fresh air with city energy in this cozy ballpark of their own with rail tracks, parking ramps and bike racks, warehouses and skyscrapers, and bars and restaurants all around. "It's beautiful," said Red Sox manager Terry Francona, who frequently compared the Metrodome to an office building. The Twins wore 1961 throwback jerseys and brought back Harmon Killebrew, Kent Hrbek and dozens of former players who graced the Met and the Dome to tribute their history. The weather was ideal. At least on this day, the fans wouldn't have minded even a monsoon. "We're from Minnesota. We've got plenty of rain gear. We fish. We hunt," said Tony Carlson, who struck poses next to the Puckett statue on the plaza outside before the game with his friend, Bryan Spratt. Marco Scutaro, batting leadoff for Boston in place of Jacoby Ellsbury, who sat out with sore ribs, got the ballpark's first official hit, a single to center. He was picked off by Pavano. The Red Sox were, unusually, a sideshow and not the main attraction. The Twins got their offense going right away, with Michael Cuddyer driving in Span for the first run and Kubel coming next with his own RBI single. Even Mauer was more of a background character, with the $545 million, limestone-encased ballpark the star of the day. Not to be totally outdone, though, AL MVP hit an RBI double down the left-field line in the second. Mauer hit a grounder up the middle that skipped off second base for an RBI single in the fourth when Scutaro couldn't handle it. Sputtering designated hitter David Ortiz, who went 2 for 18 with nine strikeouts during the season's first week, helped his confidence with an RBI double that left fielder Delmon Young nearly caught over his shoulder — but dropped in an awkward collision with the wall in the fourth inning to give the Red Sox their first run. "I thought I hit it better than that," Ortiz said, hoping for a homer. Mike Cameron hit a long drive to center with two out and one on in the seventh, too, that was caught by Span with the Twins leading 4-1. So far, it doesn't look like the ballpark will be a bandbox. "That's all I got," Cameron said. "I don't know what else to say." NOTES: This is the fifth time the Red Sox have been the visiting team for the first official game at a new ballpark, though the first since 1923. Boston also helped open Oriole Park (Baltimore, 1901), Shibe Park (Philadelphia, 1909), Griffith Stadium (Washington, 1911) and Yankee Stadium (New York, 1923). The Red Sox lost all five. ... Selig said Target Field is a high-priority site for a future All-Star game, possibly as early as 2014. ... Pavano stopped a line drive in the sixth by Victor Martinez with his hand, grabbing the ball, getting the second out and slapping his thigh in reaction to the pain. Pavano finished the inning and said afterward he was all right. "I was glad to get the out and get out of there," he said. Photo :: http://www.flickr.com/groups/targetfield/pool/
  9. March 15, 2009 OP-ED COLUMNIST By THOMAS L. FRIEDMAN San Francisco If you hang around the renewable-energy business for long, you’ll hear a lot of tall tales. You’ll hear about someone who’s invented a process to convert coal into vegetable oil in his garage and someone else who has a duck in his basement that paddles a wheel, blows up a balloon, turns a turbine and creates enough electricity to power his doghouse. Hang around long enough and you’ll even hear that in another 10 or 20 years hydrogen-powered cars or fusion energy will be a commercial reality. If I had a dime for every time I’ve heard one of those stories, I could buy my own space shuttle. No wonder cynics often say that viable fusion energy or hydrogen-powered cars are “20 years away and always will be.” But what if this time is different? What if a laser-powered fusion energy power plant that would have all the reliability of coal, without the carbon dioxide, all the cleanliness of wind and solar, without having to worry about the sun not shining or the wind not blowing, and all the scale of nuclear, without all the waste, was indeed just 10 years away or less? That would be a holy cow game-changer. Are we there? That is the tantalizing question I was left with after visiting the recently completed National Ignition Facility, or N.I.F., at the Lawrence Livermore National Laboratory, 50 miles east of San Francisco. The government-funded N.I.F. consists of 192 giant lasers — which can deliver 50 times more energy than any previous fusion laser system. They’re all housed in a 10-story building the size of three football fields — the rather dull cover to a vast internal steel forest of laser beams that must be what the engine room of Star Trek’s U.S.S. Enterprise space ship looked like. I began my tour there with the N.I.F. director, Edward Moses. He was holding up a tiny gold can the size of a Tylenol tablet, and inside it was plastic pellet, the size of a single peppercorn, that would be filled with frozen hydrogen. The way the N.I.F. works is that all 192 lasers pour their energy into a target chamber, which looks like a giant, spherical, steel bathysphere that you would normally use for deep-sea exploration. At the center of this target chamber is that gold can with its frozen hydrogen pellet. Once one of those pellets is heated and compressed by the lasers, it reaches temperatures over 800 million degrees Fahrenheit, “far greater than exists at the center of our sun,” said Moses. More importantly, each crushed pellet gives off a burst of energy that can then be harnessed to heat up liquid salt and produce massive amounts of steam to drive a turbine and create electricity for your home — just like coal does today. Only this energy would be carbon-free, globally available, safe and secure and could be integrated seamlessly into our current electric grid. Last Monday at 3 a.m., for the first time, all 192 lasers were fired at high energy precisely at once — no small feat — at the target chamber’s empty core. That was a major step toward “ignition” — turning that hydrogen pellet into a miniature sun on earth. The next step — which the N.I.F. expects to achieve some time in the next two to three years — is to prove that it can, under lab conditions, repeatedly fire its 192 lasers at multiple hydrogen pellets and produce more energy from the pellets than the laser energy that is injected. That’s called “energy gain.” “That,” explained Moses, “is what Einstein meant when he declared that E=mc2. By using lasers, we can unleash tremendous amounts of energy from tiny amounts of mass.” Once the lab proves that it can get energy gain from this laser-driven process, the next step (if it can secure government and private funding) would be to set up a pilot fusion energy power plant that would prove that any local power utility could have its own miniature sun — on a commercial basis. A pilot would cost about $10 billion — the same as a new nuclear power plant. I don’t know if they can pull this off; some scientists are skeptical. Laboratory-scale nuclear fusion and energy gain is really hard. But here’s what I do know: President Obama’s stimulus package has given a terrific boost to renewable energy. It will pay lasting benefits. And we need to keep working on all forms of solar, geothermal and wind power. They work. And the more they get deployed, the more their costs will go down. But, in addition, we need to make a few big bets on potential game-changers. I am talking about systems that could give us abundant, clean, reliable electrons and drive massive innovation in big lasers, materials science, nuclear physics and chemistry that would benefit, energize and renew many U.S. industries. At the pace we’re going with the technologies we have, without some game-changers, climate change is going to have its way with us. Yes, we’ll still need coal for some time. But let’s make sure that we aren’t just chasing the fantasy that we can “clean up” coal, when our real future depends on birthing new technologies that can replace it. Copyright 2009 The New York Times Company Privacy Policy Search Corrections RSS First Look Help Contact Us Work for Us Site Map http://www.nytimes.com/2009/03/15/opinion/15friedman.html?pagewanted=print
  10. Hotel chain as a target expansion is eyeing Toronto and Montreal. http://www.kimptonhotels.com/development/future-development.aspx
  11. TD and Royal downgraded to sell Posted: January 16, 2009, 8:47 AM by Jonathan Ratner Both Royal Bank and Toronto-Dominion Bank were downgraded to a “sell” at Dundee Securities on expectations for weaker credit quality, bringing them in line with the firm’s bearish view on the sector as a whole and its recommendations for all of the Big 5 banks. Despite significant deterioration in its U.S. loan portfolio’s credit quality, Royal’s earnings have held up reasonably well on the back of its domestic retail banking programs, analyst John Aiken told clients. However, since Canada is unlikely to escape the “economic carnage” occurring in the U.S., he said it is only a matter of time before domestic credit quality begins to weaken materially, as credit card exposures have already started to show. “Consequently, although Royal will likely fair relatively well and should retain a premium to the group, absolute risk still exists,” Mr. Aiken said, cutting his price target on the stock from $38 per share to $35. It closed at $34.04 on Thursday. His forecast for TD moves from $51 to $44 as a result of expectations for a challenged outlook in the coming quarters as a result of additional deterioration in credit quality. It ended the day at $44.05. While Mr. Aiken said TD’s operations remain strong and its long-term prospects are solid based on its U.S. growth platform, he thinks 2009 will be the second straight year of declining earnings. “TD will not be immune and we believe that there is a risk that current expectations for credit losses have a significantly greater chance of being too low rather than too conservative,” the analyst said. Mr. Aiken did upgrade Laurentian Bank from a “sell” to “neutral,” but lowered his price target from $36 to $33. The stock closed at $31.41 on Thursday. “We believe that Laurentian’s valuation is much more reasonable at these levels,” he said, adding that while the bank does not have any direct exposure to the U.S., it will still feel pain on the domestic front. In general, Mr. Aiken feels the impact of underlying economic weakness and credit woes in the U.S., which has produced an earnings drag, increased write-downs and higher loan loss provisions, has also filtered into the Canadian market and will likely linger into the first half of 2009. “Consequently, we believe that headwinds to the banks’ earnings and concerns of capital adequacy will remain in the forefront as the banks begin the journey into 2009, and with it, the remaining perils from the past year, plus those yet unknown,” he said. As a result, the analyst said now is not the time to change his cautionary stance on the sector. Instead, he said it is time to remain “selective and mindful.” Mr. Aiken suggested that strong domestic operations should bode well for the retail market leaders TD, Royal and to a lesser extent CIBC. He also expects higher provisioning will come from the U.S. exposures of TD, Royal and Bank of Montreal, as well as the ripple effects to Bank of Nova Scotia’s Latin America assets. “Overall, valuation outlook will be largely predicated on the depth and breadth of the U.S. economic slowdown,” the analyst said. “Further credit deterioration will result in higher provisions, while added margin compressions will also depress earnings, offering little justification for any meaningful near term increase in valuations.”
  12. I figured I would start a thread dedicated to Place Alexis-Nihon, since it's undergoing significant renovations. You may think this is all cosmetic but they will be introducing significant measures to improve accessibility. Target is to open Fall 2013 fall and I was told the 8 million dollars IGA expansion is scheduled for January 2014. The food court will be completely remodeled in Summer 2014.
  13. Target arrive au Centre Laval : Photos Prises 04 avril 2013. Yvon L'Aîné
  14. La Place Longueuil dans un projet de rajeunissement de 100 M$ 9 mai 2013 - Elie Despins En vue d’accueillir le détaillant américain Target dans ses centres commerciaux en novembre 2013, le Fonds de placement immobilier Cominar a mis sur la table un projet de rajeunissement de 100 M$. Ce sont La Place Longueuil, la Place Alexis Nihon à Montréal, et le Centre Laval qui en seront bénéficiaire, rapporte La Presse Affaires. La Place Longueuil, dont les besoins de renouveau sont pour le moins criants, aura droit à une véritable cure de rajeunissement d’ici la fin de l’automne. Parmi les travaux qui débuteront en juin; la réfection des corridors et de la foire alimentaire, ainsi que l’ajout de puits de lumière. Les travaux d’agrandissement sont déjà entâmés à l’emplacement de l’ancien magasin à grande surface Zellers, où Target s’y installera dès le mois novembre. Un projet de rénovation et d’agrandissement d'une telle envergure a pour objectif primo d’augmenter les ventes totales « de façon très appréciable », explique Guy Charron, vice-président directeur, exploitation – commerce de détail de Cominar. « Toutes les études prévoient que Target performera mieux que Zellers ». Cominar désire faire bondir l’achalandage dans ces centres commerciaux, qui font face, entre autres, à la popularité croissante du magasinage en ligne. « Pour contrebalancer l’internet, affirme Guy Charron, il faut offrir du nouveau et surprendre les clients. Il faut investir pour que nos centres commerciaux soient des milieux de vie, pas uniquement des lieux de passage. […] On investit pour améliorer la performance de nos centres commerciaux et pour la maintenir. » Cominar n’a pas voulu dévoiler de quelle façon sera réparti les 100 millions parmi les trois centres commerciaux visés, ni la proportion à payée par ses locataires.