Lululemon has come a long way from when it was founded in Vancouver in 1998. Two years later, in 2000, the company’s first store opened in Kitsilano, and today there are more than 400 stores worldwide and the brand is a household name.
Now Lululemon is set to embark on a new chapter in Vancouver, the construction of a brand new headquarters, something the company calls its Store Support Centre.
The new building, at 1980 Foley Street in the False Creek Flats, will consolidate approximately 2,000 staff currently spread across four buildings in Vancouver, including the company’s current headquarters at Burrard and Cornwall. The new building will be able to accommodate up to 4,000 staff, a number Lululemon expects the company to reach by 2032.
Downtown office workers who travel Calgary’s Plus 15 network say the quiet pedways are punctuated these days by more and more blank walls: shuttered retailers whose storefronts have been drywalled over by landlords unable to find tenants.
“Businesses come and go, but it just generally seems to be a lot quieter than it used to be,” says Kim Heinz, who has worked downtown for 20 years. “It just doesn’t have the vibrancy that it used to. You can feel it.”
Another downtown worker points to an area in the Plus 15 at 520 – 5th Ave. S.W. where a restaurant used to stand...
Alberta will officially roll back the minimum wage for youth workers this week, but not all employers will be cutting student salaries.
The total purchase price for the sale was $2.0 million, plus the value of inventory at closing. The Company intends to utilize the net proceeds from the sale towards repaying a portion of its outstanding credit facilities and for working capital purposes.
"The divestiture of our Grande Prairie retail pharmacy represents another step in our deleveraging efforts and better positions us to execute on our new strategic direction of establishing Centric Health as the leading provider of pharmacy and other healthcare services to Canadian seniors," said David Murphy, President and Chief Executive Officer of Centric Health.
The Kure Cannabis Society owner called it a “proud day” Friday as the store opened its doors as a licensed private cannabis retail operation on Skwah First Nation in Chilliwack.
Winnipeg: A St. James-area fireworks store is offering a big reward for anyone who can help identify a person seen on security footage at the time of a break-in Sunday morning.