Subsequent to the quarter end the company finalized a mortgage financing of $8 million secured by its new 220,000 square foot facility housing the new head office and distribution centre which is now fully operational. The new facility will provide the company with the infrastructure crucial to continue with its strategic expansion plans.
Hart Stores Inc operates a network of 73 mid-sized department stores under the Hart, Bargain Giant and Géant des Aubaines banners. The stores are located in secondary and tertiary markets throughout Eastern Canada where the company has established a dominant position in many of the communities that it serves.
The stores offer an extensive and differentiated selection of national and exclusive fashion apparel brands as well as family footwear, home furnishings, giftware, toys and seasonal goods.
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