The North West Company
Canada-based multinational grocery and retail company / From Wikipedia, the free encyclopedia
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The North West Company is a multinational Canadian grocery and retail company which operates stores in Canada's western provinces and northern territories, as well as the US states of Alaska, Hawaii, and several other countries and US territories in Oceania and the Caribbean.
Company type | Public |
---|---|
TSX: NWC | |
Industry | |
Founded | 1987; 37 years ago (1987) |
Headquarters | Winnipeg, Manitoba, Canada |
Key people | Daniel G. McConnell, President & CEO |
Number of employees | 6,805[1] |
Website | www.northwest.ca |
The company traces its history back to the North West Company, a fur trading business headquartered in the city of Montreal in British North America from 1779 to 1821.[2] It was merged into the Hudson's Bay Company in 1821. The enterprise continued as the Fur Trade Department, and then the Northern Stores Division of Hudson's Bay Company. In 1987, the division was acquired by a group of investors and in the 1990s it was relaunched as The North West Company. It is now a publicly traded company and is composed mainly of the old HBC Northern Stores Division. The Alaska Commercial Company, which makes up The North West Company's Alaskan operations, traced its roots back to the Russian-American Company. Cost-U-Less, which operates in Hawaii, the South Pacific and the Caribbean, was acquired in 2007.[3] In 2017, 76% of Roadtown Wholesale Trading Ltd, which operates in the British Virgin Islands was acquired.[4]