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North West Company to invest $150m in store expansions, product launches

RBR Staff Writer Published 25 February 2015

The North West Company, a Canadian retailer, is planning to invest around $150m over the next three years.

This forms a part of the company's strategy to provide more value to shoppers in Canada's North.

The proposed investment will be used to expand stores and to launch new products and services in the region.

Work under the project includes replacement of refrigeration and lighting with energy efficient solutions, and new warehousing to allow more storage over the winter and less reliance on expensive air freight costs.

The company will also provide expanded fresh and prepared foods departments, more children's and outdoor living selection, and a range of new financial and health services.

North West Company president and CEO Edward Kennedy said: "Our customers expect more convenience, more fresh food choices, more services, and more job opportunities. Our stores of tomorrow will meet these expectations and beyond.

"One new feature will be a multi-purpose room (MPR) linked by on-line video. The MPRs will be used to share information with customers, access products and services, and to train staff."

The project is expected to create around 125 new permanent jobs in addition to the jobs created during the construction phases.