Fiducia Infrastructure calls for urgent board and leadership reform at Calgary Co-op amid $440M liability, failed investments, and governance concerns.
Originally established by local farmers and ranchers, Calgary Co-op opened its first store in 1956 and has been serving the community of Oakridge since 1976.
The project is centered on a 27,000-square-foot urban-format Calgary Co-op grocery store, complemented by 15,000 square feet of additional commercial retail units (CRUs)
Calgary Co-op announces a change in leadership as John Morgan steps down, with Ken Keelor taking on the role of CEO to lead future growth and innovation.
The Alberta retailer has taken a major stake in an Ontario-based independent pharmacy chain, as part of a plan to significantly grow while focusing on the health and wellness trend.
The retailer has three Calgary locations and its new 10,000+ square foot Edmonton location will mark the beginning of a store expansion in that market.
One of the city's most successful grocery store chains has a new visual identity and positioning for its operations that include food, alcohol, home health care, gas stations and even cannabis retail.
The 60 year old grocery store will be replaced with a new location as well as residential units, a parkade, and two commercial retail buildings as part of an ongoing trend.
The innovative landlord is capitalizing under-utilized sites that it owns through intensification by adding new replacement stores, restaurants, office space, and residential towers.